$BTC From a technical perspective, the current Bitcoin price is around $94,000, with EMA moving averages in a bullish arrangement and the candlestick patterns showing some bullish signals. However, the 2-hour candlestick chart has previously displayed a bearish three soldiers and a double top formation, combined with shrinking trading volume, indicating short-term downward pressure.

From a market perspective, the investor structure is solid, with a low turnover rate, suggesting that market participants have a certain level of confidence in the current price. However, in the last 12 hours, large market sell orders have significantly outnumbered buy orders, with a net outflow of $4.85 million and a buy-sell ratio of 1:1.60, indicating a clear trend towards short selling.