The current price of $BTC is 94896. Currently, BTC is in a high-level consolidation phase. After a rapid surge, the subsequent movement is characterized by a narrow range of fluctuations, which can also be described as a converging triangle. This type of triangle does not have a clear direction, as it could move either upwards or downwards, unlike a bull flag or bear flag which indicate a specific direction.

We can see that on the daily chart for Bitcoin, when approaching the dense chip area near the previous level of 95000, there was a direct pullback of nearly 10,000 points. The previous positions are heavily trapped, and it is not easy to digest them. Additionally, market sentiment is relatively greedy, with many altcoins flying around to attract a large number of retail investors. For the market makers, this is a good time to harvest. Although there is a slight divergence in MACD and RSI, it has been consolidating sideways to digest, but the risk at this high level is extremely significant, and the returns are not proportional. It is safer to focus on short-term trading during the day. The non-farm payroll results will be out tomorrow. #BTC走势分析 #非农就业数据