$btc 4h has formed a wide range of fluctuations in the interval of the recent sharp decline, and is currently in a converging fluctuation state. A surge yesterday broke the previous high point but immediately fell back down. However, the highs and lows are showing a contraction compared to the previous wave. Therefore, the expectation is that the correction here will fluctuate around the ma20. In the short term, the expected rhythm of the top ten trading volume cryptocurrencies is similar. Short-term resistance: 100400-101000 Short-term support: 99200-98200
The overall trend of $btc is still a wide fluctuation at the 4-hour level. The speed and slope of the decline at the 1-hour level are both decreasing. Here, it is slowly digesting the gap caused by the previous sharp drop, but the market support effect brought by the gap below is still quite obvious in the short term, with a quick rebound after breaking below the left-side low. As the speed of the decline slows down, it is expected to fluctuate around 98200. Short-term resistance: 98200-99400 Short-term support: 95700-94500
The overall trend of $btc remains a wide oscillation at the 4-hour level, and the overall upward trend has not changed. Here, it is more about liquidating leveraged assets. After a one-sided move, there will be oscillation, and after oscillation, there will be a one-sided move. However, it is still not the time to enter for leverage; the market is currently suppressed at the 1-hour level, and in the short term, it will repeatedly test market support around 97500. Short-term resistance: 98100-98700 Short-term support: 95400-96300