#Bitcoin The 4-hour range has still not broken. After the contraction of the 1-hour range yesterday, the breakthrough demand was completed, and the downward break rebounded before reaching the effective support of the 4-hour.

Clearly, at this stage, after the price fell below 94,000, the buying power is strong. Although the market continues to maintain a range-bound trend, the bottom support is constantly being strengthened, and bullish sentiment is accumulating at the bottom and continuously rising.

Key attention is on tonight's GDP data and core PCE data to see if a breakthrough in the 4-hour range can be achieved.