Bitcoin Struggles to Break High, Beware of Short-Term Pullback? Latest BTC Trend Analysis

Current Market Overview

Last night, Bitcoin once again attempted to break **95.5k**, but has been in a high-level consolidation for two consecutive days, with upward momentum weakening! Although the price has reached a new high, the RSI indicator is diverging, indicating insufficient bullish strength, and a pullback risk should be monitored in the short term.

Key Signal Interpretation

1️⃣

**95.5k-96.5k Strong Resistance Zone**: Multiple attempts have failed to break through, forming a high-pressure zone; a breakthrough requires accompanying volume, otherwise it is likely to fall back.

2️⃣

**Market Sentiment Overheated**: The number of buyers chasing the price near 95k has surged, but the price is stagnating; be cautious of a “whale cutting leeks” market.

3️⃣

**RSI Top Divergence**: The price is at a new high but momentum is declining, increasing the probability of a short-term pullback, with support seen at **93k-92k**.

Operational Suggestions*

**Short-term Players**: If it falls below 93k with increased volume, consider light short positions (target 92k-90k), with strict stop loss above 95k.

**Holders**: It is recommended to take profits in batches for high-position long positions, or set a stop loss at 93k to protect profits and avoid profit reversal.

**Bottom Fishers**: Be patient and wait. If it stabilizes at 90k-88k (low volume + RSI oversold), it may be a buying opportunity!