$BTC is roughly as expected, the range oscillation has officially begun. From the market perspective, trading volume is gradually decreasing, and the trend is slowly weakening, but in the short term, it will not break below the 90000 mark. A fluctuation is forming at a high level, which gives us a lot of room for operation.

$BTC $ETH
I knew the market was about to start, but I didn't expect it to be so soon. I returned from a business trip today to see what's going on.

Bitcoin, let's first observe the market. The 4-hour line has successfully ended a two-month consolidation at the bottom. Due to the buying from large holders (whales), it has successfully broken through the bottom range and is now at a strong resistance level near 95000 on the 4-hour chart.

Let's think differently. Whether it's whales or market makers, they all want to make money. The subsequent direction may fluctuate around 88500 to 95000 and may even break upwards a bit, but the momentum isn't strong. The market makers do not want to see Bitcoin break 100,000, just as I mentioned in the post below, they do not want to see Bitcoin drop below 70,000 because many people are trapped here. The market makers do not want them to break even. This rise may be because many trapped people sold at a loss. The same thinking applies to 100,000, which has also trapped many spot holders, and there may also be people with low leverage contracts. Therefore, they still want to continue consolidating and absorbing positions, waiting for those trapped at 100,000 to endure and sell at a loss before they will launch.

Today there was a significant pullback. Everyone should not be afraid; this is normal. It doesn't rise in one day, nor does it fall in one day. It now needs a period of consolidation to digest.

Key focus on 95000-89000.