Bitcoin continues to exhibit a volatile trend. Recently, pay more attention to fundamental information, the Federal Reserve's interest rate cut process, and there is significant resistance above. The expectation for the day is to continue consolidating. Those who previously built positions can appropriately reduce their holdings. The large cycle market is recovering, so be patient and wait.

Altcoin follows Bitcoin and consolidates synchronously. Those who entered earlier can reduce their holdings accordingly. Be patient and wait for a stabilization in the altcoin. The expectation for the day is to maintain consolidation and a corrective market.

Shitcoins follow mainstream coins and consolidate together.

Bitcoin's 1-hour and 4-hour levels have returned to a healthy state, and the daily level has also returned to a healthy state. The expectation for the day is to maintain consolidation, with support at 92500-93000 and resistance at 95000-95700.

Altcoin's 1-hour and 4-hour levels have returned to a healthy state, and the daily level has also returned to a healthy state. The expectation for the day is to maintain consolidation, with support at 1700-1750 and resistance at 1850-1880.

The price of Bitcoin has reached a recent high again. From the K-line trend, the coin price is facing resistance at highs, showing an overall weak volatility trend. Observing the 1-hour level, the Bollinger Bands show signs of convergence, and the price has returned below the middle track, with bullish momentum weakening and clear pressure above in the short term. Coupled with the trading volume not effectively expanding, it suggests insufficient upward momentum.

Bitcoin can consider light shorting around 96000-95500. If the price breaks through and stabilizes above 96000, exit decisively. The first target below is to look at 93500, and if it further breaks down, it is likely to test around the 92500 level!