Overall, today continues to be a small volatility expert, performing an exciting "roller coaster" act! Suddenly gaining momentum in the evening, it surged towards the 95700 resistance level, like a rocket accelerating unexpectedly, but soon switched back to a retracement mode. Exciting, right!

Looking at the K-line movement of Bitcoin, on the four-hour chart, the support line at 94300 has been breached, and the original upward pattern has directly "collapsed"; now this level has transformed into a resistance level! If the four-hour closing tonight does not reclaim the 94300 high ground, the retracement and downward volatility mode will officially start!

The support area below 92800 - 91600 is worth paying special attention to, with 91600 being the "stabilizing pin" at the bottom of the volatility; as long as it does not break down, the flame of upward movement is still alive! For those looking to buy the dip in the short term, keep an eye near 91600. If the daily line breaks down, it’s time to quickly pull back, and set a stop-loss at 91000. If one day the daily line falls below 91600, then a deep decline drama will be staged!