The direction of the tree is determined by the wind, while a person's direction is determined by themselves. In the early morning, the price rebounded to the resistance line at 95426, then pulled back to the low point at 93678. The market is once again fluctuating widely, and the box structure has not yet been broken. In the evening, after Feige provided a bearish outlook, he also entered the market to short when the price of Bitcoin rose to 95337, exiting when it fell to 94014, making over a thousand points again. The current structure is very clear, with resistance above at 960 and support below at 930. There hasn’t been a strong unilateral move in multiple positions, and the market remains in a state of fluctuating adjustment.

Currently, on the daily chart, there is a small contracting bullish candle, with horizontal consolidation resulting in a weakened bullish trend. There is still a demand for short-term corrections. Today also marks the end of the month, with a medium bullish candle closing at a high position. The market has been unable to sustain its movements, and the lower shadow is relatively long. On the 4-hour chart, the structure has entered a narrow range of fluctuations, with multiple bullish attempts failing to break through effectively, and there has been no extended momentum. The price also remains in a contracting consolidation near the middle track.