Yesterday, the coin price surged to 950 but could not break through, and the attempt to extend down to the weekly midline also failed. In the short term, the coin price is expected to oscillate and correct within the 920/950 range, and a one-sided trend is not anticipated! The oscillation within the range is predominant.

From the 4-hour level, the moving averages are currently in a bullish arrangement, with the MA5 moving average being particularly strong, indicating a robust upward momentum. This also suggests that there won't be significant pullbacks in the coin price in the short term, with a potential for technical pullbacks and upward spikes. It is advisable for investors to remain cautious and appropriately reduce positions to mitigate risks. At the same time, pay attention to the support level below at 920! It is recommended to short first and then go long!