Market Analysis—BTC🔥

4-hour K-line Trend:

Resistance Level: Around 96824～98430

Support Level: Around 90525～92548

Bitcoin's 4-hour K-line has seen a volume decrease during the upward trend, with weak rebounds. The 4-hour K-line is currently following a downward wedge channel, showing a downtrend. Please pay attention to the neckline resistance level around 98800;

The small to medium cycle trend indicators below 12 hours for Bitcoin are resonating with a downward trend, so short-term operations should short on highs.