From the daily perspective, the last candlestick formed a hammer pattern, indicating some support strength below. After today's opening, the price of the coin has continued to fluctuate at a high level, encountering significant resistance near the upper Bollinger Band.

Currently, the Bollinger Bands are in an opening state, and the short-term moving averages maintain an upward divergence trend, indicating that bulls still dominate at the daily level. However, while the fast and slow lines of the MACD indicator continue to extend upwards, the volume bars have shown signs of contraction; the KDJ indicator has turned down after being blocked in the overbought area; the VR indicator is consolidating in a narrow range near the value of 240; the RSI indicator has entered the overbought range, suggesting that the short-term upward momentum has diminished, posing a risk of correction.

Switching to the 4-hour cycle, the market shows potential for forming a small double top structure. Although the Bollinger Bands are generally running upwards, they have shown signs of contraction, indicating that short-term fluctuations may converge. The short-term moving averages have formed minor support below, but the MACD indicator's fast and slow lines are crossing downwards, and the volume bars continue to expand, reflecting that bearish forces are accumulating.

The KDJ indicator is running upwards again, and it's crucial to pay attention to the resistance level near the value of 80; the VR indicator is consolidating near the value of 250, showing that both bulls and bears are temporarily in a stalemate during this period.

Comprehensive analysis of multiple technical indicators suggests that there is a clear need for a correction in the short term for Bitcoin. Regarding the resistance levels above, the primary focus is on the previous high area, followed by the level below 95000; for the support levels below, the first support level is near 92000, and stronger support is at the round number of 90000.

Operation Advice

Short Bitcoin near 940, with the first target at 920. If it breaks, continue to look down, and the aunt can sync in and out.