From a daily perspective, today's market has entered an overbought zone, and it has already reached the previous resistance range of 92200-96500. The MACD has just crossed above the zero line. I believe that at this position, Bitcoin should start to slow down. From the candlestick pattern, there is a possibility of another surge today, and as the sentiment picks up, it will begin to enter a consolidation phase with intermediate fluctuations.

The indicators on the four-hour level also show an overbought zone. After the Bollinger Bands opened, there are now slight signs of constricting, but it is not very obvious. The moving averages are in a bullish arrangement, and there are signs of deviating from the moving averages, just like the candlestick pattern on the daily chart. If there is another surge today, the four-hour level will also need to consolidate to retest the moving averages.

At the one-hour level, the Bollinger Bands are preparing to constrict, which is almost the same as yesterday's action. After constriction, there will be a fluctuation adjustment. The smaller time frame of fifteen minutes has already constricted, and the MACD has started to decline. Pay attention to the adjustment action at the one-hour level when it approaches the zero line. #加密货币总市值重回3万亿 $BTC

In terms of operations, most of the long positions in hand are in a state of being sold off. Altcoins can only be operated on those that have not yet started moving. For Bitcoin, I suggest waiting for a pullback to the support near the Fibonacci 0.5 level to add more.

Support below: 92500-91600

Resistance above: 96500-100000