From the daily chart, Bitcoin ($BTC ) again formed a red candlestick yesterday, marking four consecutive trading days of red candlesticks. The price has reached the MA30 daily moving average resistance level of 9.83. We will focus on whether it can break through and stabilize above this line in the future;

From the 4-hour chart, the price has broken through the MA256 daily moving average and is currently retracing. We will monitor whether it can stabilize above 9.78 during the retracement. If the price can hold above 9.78, the short-term weak pullback may come to an end, and it is expected that the weekend will experience fluctuations centered around 9.78.