Bitcoin has recently encountered resistance in its upward movement, with the trend leaning towards a downward direction. Currently, the market is lacking momentum in the process of correcting upward. Last night, it rebounded strongly to the 85700 level, but subsequently fell back under pressure to the 83600 level, entering a phase of fluctuation and correction. It is currently consolidating around 84600.

From a technical analysis perspective, the four-hour K-line chart shows a clear top divergence structure. The DIF and DEA indicators have begun to spread downwards from a high position, diverging from the upward trend of the K-line, indicating a weakening of upward momentum. If the four-hour K-line can stabilize above 84200 again, the market is expected to challenge the 86000 resistance level. If it successfully breaks through, the upper target can be aimed at around 87500/88300. Conversely, if the four-hour K-line fails to stabilize above 84500, the market is expected to pull back and test lower levels, with support levels at 83000/81800 and around 81000.