Market Analysis—BTC🔥
4-hour K-line Trend:
Resistance Level: Around 96824~98402
Support Level: Around 90525~92442
Bitcoin's 4-hour cycle K-line has seen a volume-reduced rise. The 4-hour cycle K-line price is still oscillating within a descending wedge channel, forming a 'W' double bottom pattern before rebounding. Currently, the volume is reduced, and the rebound lacks strength. Please pay attention to the neck line resistance level around 98402.