After breaking through $95,000 in the morning, Bitcoin has retreated to oscillate in the $94,800 range, showing characteristics of a 'bull-bear tug-of-war' from a technical perspective. The 4-hour chart indicates that the price has formed a narrow channel between $94,200 (100-hour moving average) and $95,500 (key resistance level), with the RSI indicator maintained in the neutral zone of 55-65, and market sentiment is cautious.

Trading suggestions:

1. Breakthrough confirmation: If the price stabilizes above the $95,500 resistance level with increased volume in the afternoon, consider entering a small long position with a target of $96,250 and a stop-loss set below $94,200.

2. Pullback strategy: If the price falls back near the $94,200 support level, consider buying in batches on the dip, targeting $95,000, with a stop-loss at $93,500.

3. Risk control: The current market volatility is high (24-hour amplitude 2.61%), it is recommended that a single position does not exceed 10% of total capital, and strict stop-loss measures should be implemented.

Summary: Focus on range trading in the afternoon, with special attention to the breakout of the $95,500 resistance level, while also being cautious of short-term pullback risks triggered by whales shorting ($450 million in short positions).