Patiently waiting for the breakthrough of BTC 94000!

BTC is currently in a high-level oscillation + weakening momentum, more like a continuation adjustment in a bull market rather than a confirmed bear trend. 💭 In terms of trading strategy, I personally lean towards three points:
1. Below 91,000–92,000, do not rush to chase long positions unless the 4-hour candlestick re-establishes itself above all short-term moving averages and breaks through the resistance zone with volume, which would signal a bullish trend to follow;
2. If it continues to stagnate around 90,000 without a volume-driven decline, just slowly grinding, do not rush to chase short positions, as this is a dense area of trading, and back-and-forth movements are normal;
3. The truly suitable aggressive layout for short positions is a pullback after breaking below 88,500 that fails to break above, that kind of "break + retest confirmation" structure offers a better risk-reward ratio.

① Structure: Consolidation above the dense trading area
The current price is oscillating around 90,000 USD, just at the vicinity of the 4-hour medium to long moving averages (black and gray long moving averages), with the upper range of 91,000–92,000 forming the recent high and retreat consolidation, which clearly represents a resistance zone (shown in the pink area on the chart).
The left side volume distribution shows clearly: the area around 88,000–90,000 is the peak of trading, which is the "fair price zone" for this segment. The current price is stuck near this peak, and both bulls and bears are unwilling to give way, making it very tedious.
② Moving averages and trends: Short-term momentum has been interrupted, but a bear trend has not yet formed.
The short moving averages (20, 60) have started to flatten and slightly decline from the previous divergent upward trend, indicating that the rhythm of this upward movement has been interrupted, and the market has shifted from "one-sided rise" to "oscillatory digestion."
The long moving averages (120 and longer periods) are still overall upward without forming a complete bearish arrangement, so it's not appropriate to talk about a major reversal yet; it resembles more of a decent pullback in a bull market.
③ Indicators: 4-hour top divergence is being realized
The momentum bars at the bottom first produced a strong green peak in early December, with the price subsequently reaching a new high, but the bars did not create a new high, which has already been marked as "top divergence" on the chart.
After the top divergence, the momentum bars have dropped from positive values to below the zero axis, and the current red momentum is still in the release phase, indicating that the active buying force is weakening, and the bears are gaining a slight upper hand in the short term, which is why the price tends to be hammered down every time it approaches above 92,000.

$BTC
{future}(BTCUSDT)