BTC pulled back last night and then came down again. From a technical perspective, it looks like the second wave of an upward trend on the 4-hour chart. Currently, the smaller 1-2 timeframes are just undergoing a correction!

Today, pay attention to the position at 96500. As long as it doesn't drop below this level, the 4-hour timeframe remains bullish and will continue to rise. The upper resistance levels to watch are 97630-98720-99660.

If it drops below 96500 today, the 4-hour timeframe will start to correct, with support levels to watch at 95575-94780-93930 ​​​.