Bitcoin is currently in a fragile position, with a dense trading area above $96,500, and it may consolidate in this range for a while. Don't guess the top and don't fear the heights; corrections are still bullish! Although many in the market are trapped in short positions, hoping for a market crash to release their shorts, or waiting for prices to drop before going long, such a large rally doesn't usually offer many corrections. The four-hour chart shows a rise followed by a drop, with pressure above at the 96,000 line. Looking at the daily MA indicators, the moving averages are starting to diverge, indicating that the market has room for repair and consolidation. Both the hourly and four-hour charts are beginning to decline, and further corrections are expected in the early morning. Watch for support around 93,000 below. #BTC #ETH #加密市场反弹
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