$BTC Evening View:
Bitcoin has risen for so many days but still hasn't stabilized at 95000, so let's pull back to activate buying and continue pushing upwards!
Otherwise, if it keeps hovering here without going up, it will eventually have to pull back. A late pullback is not as good as an early one; an early pullback means an early rise.
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Speaking with the chart: Draw me the Bitcoin hourly level chart, now the high and low points of Bitcoin at the hourly level are decreasing, and I see a pullback before a new higher high is made.
So let the storm come more fiercely!
Bitcoin breaking below 94173 with volume and unable to recover means chasing short on the right side, breaking above 94375 with volume means chasing long on the right side, pay attention to changes in volume.
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For Bitcoin to continue rising, it must break through and stabilize above 94443 on the hourly level before looking up at 95000-95537.
Bitcoin has challenged the 95000 integer level multiple times without stabilizing; Bitcoin will also get tired and need to rest and adjust before charging, otherwise its attacking power will be insufficient and it will still fail.
On the 4-hour level, as long as it breaks below 93882 and cannot recover, it must pull back, and no one can stop it from looking down at 92902-91874.
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The Fibonacci 1 to 1 pullback target position for Bitcoin at the hourly level is 92500; a retest would be better. If it goes for a deeper pullback to 1.618, that would be 90476, which is also possible. A false breakdown followed by a recovery to continue rising would be even more perfect. But this is all a man-made script, and how it plays out specifically still depends on the market; the meeting is adjourned.
