$BTC , just as I predicted before, will those who criticized me back then face the consequences?
After a volume decrease, it is clearly lacking energy, repeatedly bouncing around the range of 93000 - 94600.
After failing to break 96000 yesterday, it pulled back to above 93800 at the lowest, and now it has swung back to around 94660, with visible weakening upward momentum.
Trading volume has also 'flattened out', and without sustained positive news, it can't drive the market!
Resistance levels: 96315, 97700 (if it can't break through, it will easily be pushed back)
Support levels: 93500, 91600 (breaking below these would temporarily be considered a safety cushion)
Short-term advice is not to force a confrontation, wait for clearer direction which is more prudent, be cautious of potential breakouts from the box!
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