The current market is fluctuating near the middle band of the Bollinger Bands, and the opening of the Bollinger Bands is gradually narrowing, which indicates that market volatility may gradually decrease. The divergence signal at the hourly level shows that the bullish candlestick body is shrinking, and signs of a bearish rebound indicate a short-term exhaustion of bullish momentum, which may trigger a technical correction. Attention should be paid to whether the MACD forms a top divergence and whether the RSI breaks below the 50 midline. The effectiveness of the current resistance level at 95,000 is relatively high, and a short-term bearish strategy is reasonable, but we must be wary of sudden positive news breaking the balance.

Bitcoin is around 94,000 🈳, looking down to 91,000.