Good afternoon everyone.

This week the market has experienced significant changes. Today, let's talk about the current trend of Bitcoin.

Currently, BTC is showing a consolidating pattern. Yesterday, the price initially retraced then surged, with resistance encountered near 94,588. From the four-hour chart, the price is moving between the upper and lower bands of the Bollinger Bands. At present, it is near the upper band, with the Bollinger channel opening upward. The MACD indicator is showing signs of a reversal, and bullish momentum is beginning to build. Technical analysis indicates there is still room for upward extension.

For intraday strategies, focus on the range of 91,600-91,100. If a pullback occurs to this level, consider adding to long positions in batches, with a target near the 94,500 resistance level. Maintain a bullish outlook, but pay attention to position management.