From the perspective of the four-hour chart, the current price of Bitcoin is operating below the middle band of the Bollinger Bands, with a short-term downward shift in focus. Structurally, the resistance at the upper level is 95,500, and the key support area is 93,000 below. If the subsequent rebound cannot stabilize above the middle band at 94,500, the market will face a continued weakening situation. However, the overall structure still leans towards oscillation, and the Bollinger Bands are gradually narrowing, with both bulls and bears in a stalemate, facing a directional choice in the short term.

Operation suggestion: Maintain a wait-and-see approach or a light position strategy of buying low and selling high. If the price rebounds to the 94,500-95,000 area, consider attempting a small short position, targeting around 93,000.