The weekly line ultimately closed below 950, with resistance still present above, and the market has not clearly broken through.

Hello everyone, I am Dashan. I only focus on the trends of mainstream coins, with daily cycle analysis. When someone smiles in the cryptocurrency market, someone will cry; I hope everyone is the former! To my fans and friends, I also wish everyone can achieve their goals in the market!
Looking at Bitcoin, let's first look at the daily chart level. At this critical resistance level, I have mentioned it several days in a row. Each day we need to observe the daily closing price and wait for a clear candlestick. However, the last few days have not been very clear, basically as we expected, they are all small candlesticks. For such small candlesticks, you do not need to differentiate between bullish and bearish. Currently, it is not advisable to look for breakouts; it is still not clear enough. A clear breakout would at least require a longer bullish candlestick. So at this position, do not look for breakouts, as there is always a possibility of a reversal. Therefore, we need to continue waiting. Personally, I believe a clear signal will be given today or tomorrow. Either we will see a bullish candlestick moving up, which could lead to several days or even one or two weeks of continuous upward movement to test previous highs. The other possibility is a bearish candlestick dropping down, in which case we need to look for support around the bottom at 890 and then start adjusting from the bottom.