The midday market has also completed another cycle, with Bitcoin still not experiencing any significant fluctuations, remaining in a consolidation structure overall. After Bitcoin tested the resistance level of 95165 in the morning, it faced a considerable pullback, stabilizing near the low point around 94000, which provided over a thousand points of space. Due to the apparent pressure from above, our strategy in the morning to short near the 95000 level was relatively easy to execute; I wonder if any friends managed to follow along.

Currently, from the perspective of the market, since the 4-hour line price fell from the upper track, it has been oscillating downward. After Bitcoin broke the support of the mid-track, the price is now operating above the lower track. Bitcoin has repeatedly tested the pressure of the upper mid-track but has not been able to break through effectively, remaining in a stage of oscillation between the lower and mid tracks. Looking at the 1-hour line, Bitcoin's oscillation range is beginning to show a contracting trend, currently in a narrow oscillation pattern around 94400, with the mid-track providing strong support. It should be relatively difficult to break out in the short term. This afternoon's operation should maintain a consolidation mindset, paying attention to entry points and the resistance above and below.

In the afternoon, Bitcoin can be shorted at 94500-95000, targeting around 93500, while Ethereum can be shorted at 1810-1830, targeting around 1760. #BTC $BTC