1. The Strategic Significance of the Core Point at the 4-Hour Level: 94150
The 4-hour candlestick period is an important time frame for judging Bitcoin's short-term trend. It filters short-term volatility interference while accurately capturing trend reversal signals. The 94150 level, as a key price point at the 4-hour level, serves as a 'watershed' for market trends.
(1) Bullish Dominance: The upward path after stabilizing above 94150
If the 4-hour candlestick closing price remains above 94150, it indicates that the bulls have the upper hand in the competition at this key point, and the short-term upward trend is expected to continue. At this time, minor pullbacks can be seen as a 'momentum-building' action for the bulls, digesting profit-taking and cleaning up floating positions to build strength for subsequent upward attacks.
During the price upward process, 95290, 95780, and 96980 constitute three strong resistance levels:
- 95290: This position is a resistance level tested multiple times recently, gathering a large number of trapped positions and profit-taking orders. Breaking through will open up short-term upward space;
- 95780: Overlaps with key Fibonacci retracement levels and is under pressure from daily moving averages, marking an important test for the mid-term trend;
- 96980: As a key point of the long-term trend, corresponding to a historically dense trading area. Once conquered, it will greatly boost market confidence and push prices towards higher targets.
(2) Bearish Counterattack: Pullback risk after breaking below 94150
If the 4-hour candlestick closes below 94150, it will release a clear trend reversal signal, marking the entry into the pullback phase at the 4-hour level. After breaking, the market may experience panic selling, leading to a concentrated outflow of stop-loss orders.
During the price decline, 93600, 92700, and 91880 form three key support levels:
- 93600: Close to recent lows, with certain buying support, serving as the first line of defense for the bears;
- 92700: Corresponds to the key moving average support at the 4-hour level. If broken, it will intensify market panic and accelerate the downward trend;
- 91880: As a strong support area, technically resonating with previous important bottom formations. Once broken, deeper adjustments should be alerted.
2. Trading Strategy Recommendations
(1) Bullish Trading Strategy
When the 4-hour closing price stabilizes above 94150, aggressive investors can take a small position during minor pullbacks; conservative investors can wait for the price to break 95290 and confirm with a retest before entering. Profit targets are set successively at 95290, 95780, 96980, with stop-loss set in the 94000 - 94050 range.
(2) Bearish Trading Strategy
If the 4-hour closing price falls below 94150, positions can be taken for shorts when the price retraces to the 94150 - 94300 range; or wait for a valid break below 93600 to chase shorts. Profit targets are successively 93600, 92700, 91880, with stop-loss set in the 94350 - 94400 range.
3. Risk Warning
The cryptocurrency market is highly volatile, influenced by multiple factors such as policy regulation, macroeconomics, and sudden news. Investors must strictly control their positions, with a single position not exceeding 10% of total funds, and adopt a staggered entry and dynamic stop-loss strategy. At the same time, closely monitor macro factors such as the Federal Reserve's monetary policy and cryptocurrency regulation policies in various countries, as well as changes in trading volume and technical indicators like MACD, to avoid blind operations.
Summary
The core of today's Bitcoin market lies in the battle for the key price level of 94150. If the 4-hour closing price stabilizes at this level, the bulls are likely to dominate the market, launching an assault on the resistance range of 95290 - 96980; if it breaks below 94150, the short-term trend will shift to a pullback, with the support levels of 93600 - 91880 facing a test. Everyone should participate rationally in the market based on actual trends, combining trading strategies and risk control measures, and avoid blindly chasing highs or cutting losses. Remember!$BTC #比特币走势
