Analysis of BTC Trends in the Next 24 Hours
Technical Analysis:
* Support Level: $93,800–$93,500 (the area where the four-hour EMA120 coincides with the lower edge of the rising channel); if broken, it may drop to $92,000.
* Resistance Level: $95,000–$95,500 (pressure from short-term moving averages and the dividing line between bulls and bears).
Market Sentiment:
* Bullish Factors: Expectations of institutional accumulation, endorsement of Trump policies, increased demand for gold as an alternative.
* Bearish Factors: Risk aversion ahead of the Federal Reserve's decision, dominance of short positions in derivatives, and technical death cross signals.
Probability Forecast:
* Downward: 50% (if the Federal Reserve releases hawkish signals or breaks the $93,500 support).
* Sideways Consolidation: 30% (range of $93,500–$95,500, waiting for macro events to materialize).
* Rebound: 20% (if it stabilizes above $95,000 and breaks through the short-term resistance at $96,200).
Operational Advice: Focus on short-term trading within the $93,500–$95,500 range, with stop-loss set below $93,000; for medium to long-term, wait for the Federal Reserve's decision to position on dips.