$BTC $BTC The chart is here, from now on every Monday I will bring the weekly chart, so both the small and large trends will be covered.

🏁 The weekly level of Bitcoin closed this morning with a small candlestick below the channel resistance level, forming a stagnation signal with three scholars. The support level is near the channel and the opening prices of the large bullish candles at 90800 and 89500.

🏁 Daily level: The closing entity this morning did not break the previous high, and is under pressure from the channel resistance. If the daily closing breaks below 95850, the probability of a high hanging return increases significantly, with target levels of 92900, 91960, and 91500. 91960 is crucial; if the daily closing entity breaks this neck line, it will form a daily M-top, triggering a daily correction. If it does not break down, the B point will still go up, with resistance levels at 95850, 97900, and 98890.

🏁 Four-hour level: As expected, the highest point this morning hit the right shoulder of the head and shoulders pattern, which also corresponds to the high-volume candle's opening price of 98180. It then quickly pulled back, and by 12 o'clock it closed below the neck line, confirming the pullback without breaking, continuing to decline. The level of 96268 is crucial for the neck line; pay attention to whether it breaks below this at 16 o'clock. Support and resistance can be seen in the chart.