The technical outlook is not optimistic. Last night BTC surged near 99300, then retraced to around 97600, which is a minor support level. After that, it rebounded 1200 points and then consolidated upwards. From a technical perspective, the MACD has crossed bearish, which is a typical signal of decline. We can interpret this as a sign of a weekly level correction. The large bearish candle from last week has intensified market panic, leading to a massive outflow of funds. So, based on this indicator, the next phase is likely to be sideways consolidation. On the daily chart, the upward trend has broken down, with the 5-day and 10-day moving averages crossing below. However, as long as it doesn’t break below 85, it’s just a minor pullback. In the short term, the resistance above is at 99500, and if it breaks through, we’re looking at 102000. Although there have been multiple attempts to break through without success, we are still focused on low buy operations. Blindly trading alone will never bring opportunities. Follow me for insights, and I will guide you to explore tenfold potential coins! Top-tier first-level resources! $BNB $SOL $BTC #币安Alpha公布第8批项目 #FlokiETP流动性提案通过 #加密市场调整 #美国加密立法或将重启