1. Key observation point at the 4-hour level: 94500 as the dividing line between bulls and bears

The current market faces an important directional choice at the 4-hour level, with 94500 being the short-term dividing line between bulls and bears:

1. Stabilize above 94500:

- If the 4-hour closing line firmly stays above this position, it indicates that bullish strength is dominant, and the market is expected to start a new round of upward movement.

- Focus on three layers of resistance above:

- First resistance level 95780: A short-term resistance tested multiple times recently, breaking through may open up upward space;

- Second resistance level 96980: Key suppression point of medium-term trends, corresponding to the previously dense trading area;

- Third resistance level 98495: Important juncture of long-term trends, if broken may test higher price levels.

2. Losing below 94500:

- If the closing line fails to stabilize at this position, short-term bears may dominate the market, initiating a correction mode.

- Below, one should be cautious of three layers of support:

- First support level 93140: Near recent lows, providing initial support;

- Second support level 91880: Corresponding to the key moving average support at the 4-hour level, breaking it may accelerate the decline;

- Third support level 90875: Strong support area, if lost, deeper adjustment risks should be guarded against.

2. Operation strategy suggestions

- Bullish perspective:

After stabilizing above 94500, one can consider light positions to try going long, targeting 95780 and 96980 sequentially, with a stop loss set just below 94500 (e.g., 94000).

- Bearish perspective:

After breaking below 94500, one can consider short positions on rallies, targeting 93140 and 91880 sequentially, with a stop loss set just above 94500 (e.g., 95000).

- Risk warning:

The cryptocurrency market is highly volatile, requiring strict control of positions to avoid chasing highs and cutting losses. It is recommended to combine technical indicators such as trading volume and MACD for auxiliary judgment, while also paying attention to the influence of external factors like the evening U.S. stock market opening and macroeconomic data on coin prices.

3. Summary

The core of today's market is the tug-of-war around the 94500 level, and the 4-hour closing shape will directly determine the short-term trend direction. Everyone needs to be patient and wait for clear signals before entering the market, avoiding frequent operations during fluctuations that could lead to losses. Real-time trends need to be dynamically tracked, with flexible strategy adjustments.$BTC #比特币走势