In the current four-hour trend, after Bitcoin stabilized at the middle band of the Bollinger Bands, the price began to rise steadily.

Today, the price reached a high of around 96,000. Judging from the current trend, the short-term resistance level is likely to be broken.

Observing the four-hour indicators, the KDJ three lines are running upward; looking at the VOL volume chart, the bullish trading volume shows a significant increase.

For the intraday market, it may be wise to wait for the end of this 15-minute pullback before positioning for long trades.

As for the trading reference for Bitcoin in the afternoon, it is as follows: go long at the 95,500 point level, target 98,500, with a stop loss set at 1,000 points.

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