In the early session, Bitcoin surged and then retreated, entering a slight fluctuation in the short term. The 4-hour K-line broke through the upper track and then closed with a bearish candle, currently the coin price is hovering near the upper track.

Although short-term bulls are dominant, the upward pressure is shifting downwards, indicating insufficient upward momentum, and it is not advisable to chase blindly. It is recommended to adopt a strategy of short first and then long.

Afternoon trading suggestions:

Long: Pay attention to the support level at 960; if it does not break below, you can try going long, targeting 975-980; if it breaks through 980, look further up to 990.

Short: Take 977 as the resistance level; if it does not break through, you can go short, targeting 960; if it breaks below 960, look down to 950-940.