For short-term traders, the recent market has shown a continuous increase in volume. After two consecutive bearish days, there has been a successful turn to bullish, but the daily chart has not formed a continuous bullish pattern, indicating that the price is stuck in a deadlock.
However, after a series of upward attempts that lacked strength, the panic sentiment has been released to a considerable extent. Currently, the focus should be on the daily resistance level of 96000. If this resistance level holds, the market price of Bitcoin is expected to enter a period of consolidation.
In today's morning session, attention should be paid to the range of 96000-93000, where the price is expected to fluctuate repeatedly. Considering the upcoming May Day holiday, a breakout of the consolidation structure cannot be ruled out. For the price to break out of this rhythm, it is crucial for the price to maintain pressure. If the pressure from above is effective, after a short period of consolidation, Bitcoin is likely to return to the price before the rally. #特朗普税改 #Strategy增持比特币 $BTC $ETH