#BTC☀ Since the highest point of 93400, it has been oscillating widely until now. I wonder if friends doing trend trading have been shaken out.
After a week of ups and downs, the four-hour level has shown obvious support and resistance levels. Why look at the four-hour level? Because the support and resistance at 15m and 1h are ineffective for this wave of market.
So if the four-hour level breaks 88700, a callback is highly likely.
If the four-hour closing stabilizes at 92000, the market is highly likely to continue rising.
Currently, the MACD at the four-hour level is close to the zero axis, which is a battleground for bulls and bears, it can go down or up, bulls are slightly stronger, in fact, we need to wait for a break or a breakthrough for better right-side trading.