Judging from the BTC candlestick chart, its trend shows complex and subtle dynamics. On shorter time scales, such as the 1-hour and 4-hour levels, BTC's trend shows a downward trend. This downward trend also seems to be hinted in the 12-hour candlestick chart, indicating a possible decline.
However, at the daily level, BTC's trend shows a completely different picture. Despite some fluctuations and adjustments in the short term, it still maintains a strong upward trend overall. This undoubtedly shows the huge volatility and complexity of the digital currency market, making it difficult for market participants to make decisions in more subtle time units.
Further in-depth analysis shows that the current main pressure level during the day is locked at around 93,300 points. This is a key level that prices are difficult to break in the near future. At the same time, for a potential downward trend, 87,500 points is regarded as an important support level. It is also necessary to prevent the 85,000 pin. As long as this support level is not effectively broken, the market may still maintain its upward trend in the short term.