The daily line maintains a continuous upward trend. Although the bullish candlestick is not fully formed, the overall trend is strong and the structure is clear. In the short term, there is a tug-of-war between bulls and bears, with the price testing the resistance above 94400 again at $BTC . It has not broken through in the short term, and the upper pressure zone will face a major test, with the formation leaning towards strength.
In the small cycle, there is a fluctuating upward trend, with higher lows and similar highs. The short-term pressure is at 95000. The downward force is hard to resist against the rising trend, and bulls are gradually gaining the initiative.
Once it breaks through 95000, a follow-through is expected. After multiple tests of the resistance level, the effect of the pressure is gradually weakening, and a breakout is imminent.
Trading suggestion: Buy at 93300-92800, target 95000.
