BTC/USDT Four Hour Trend Analysis (as of April 29, 2025)

📈 Current Price: 94,738.84 USDT

📊 RSI(14): 56.69 (Neutral to Strong)

🔍 Volume: Increased after a surge, momentum gradually weakening

I. Overall Trend Overview

Bitcoin has recently experienced a strong breakout, continuously climbing from the $82,000 area to above $95,000, showing a clear upward channel structure. Currently, after encountering resistance in the $94,000~$95,000 range, the price has entered a high-level consolidation, facing some profit-taking pressure in the short term, but the medium-term upward trend remains intact.

II. Technical Indicator Analysis

📌 RSI Observation:

The RSI is currently 56.69, in the slightly bullish neutral zone, indicating that market sentiment is decent, but there are signs of a decline in momentum highs.

The high RSI once reached above 70 and has since retraced, indicating that short-term bullish momentum is being released.

📌 Volume Changes:

The surge phase was accompanied by significant increased volume, consistent with the upward logic;

Currently, during the consolidation process, volume has significantly shrunk, reflecting the market's short-term wait-and-see sentiment.

III. Key Support and Resistance Levels

Short-term Support: $92,800 (Local Consolidation Support)

Core Support: $90,000 (Key Support Level of Upward Trend)

Short-term Resistance: $95,000~$95,500 (Dense Resistance Area)

Potential Target Above: $98,000~$100,000 (If it breaks above $95,500, a surge is likely)

IV. Structure and Price-Volume Relationship Analysis

The current trend is a standard upward continuation pattern; if the high-level consolidation can be maintained, there is still potential for further highs;

If it breaks below $92,800 after consolidation, there is a risk of a pullback to $90,000 in the short term;

Overall, the volume is generally in line; if there is increased volume in future upward movements, a new round of upward trend can be confirmed.

V. Comprehensive Judgment

✅ The long-term upward trend of BTC has not been broken; it is currently only a short-term oscillation correction.

✅ If the $94,000 support holds effectively and can re-increase in volume to attack, it is highly likely to continue challenging $95,500 or even higher;

✅ If it breaks below $92,800, there is a need to guard against a deepening short-term pullback, with the possibility of falling to $90,000 or even $88,000 increasing.

⚡ Strategy Suggestion: It is not advisable to chase highs in the short term; conservative traders can wait for a pullback to support before positioning; aggressive traders may try to sell high and buy low with a small position but must set strict stop-loss levels.