Market Analysis——BTC🔥

4-Hour K-Line Trend:

Resistance Level: Around 100020～102007

Support Level: Around 95117～97067

1. Bitcoin's 4-hour K-line cycle shows a decrease in trading volume (🈶suspected of inducing a short squeeze); at 3 AM today, the price of Bitcoin hit a new all-time high of 99588 USD, and currently, the 4-hour K-line of Bitcoin continues to show an upward trend in the price channel;

2. The large, medium, and small K-line cycles of Bitcoin show a multi-cycle resonance bullish trend according to the Gu Bi trend indicator, with a continued bullish outlook; the short-term trading strategy remains to buy on dips.