#BTC

The price has been stuck in the same fluctuation range (94,000 - 96,000) for the last 4 hours. Although there was a drop after an hour of oscillation yesterday, it rebounded without even touching the critical support at the 4-hour level.

The market clearly has these characteristics now:

1. Every time it drops below 94,000, there is a large amount of buying.

2. The bottom support is getting higher and higher (like a spring being compressed tighter)

3. Bullish sentiment is quietly building up.

Tonight's key focus:

The GDP and PCE price data to be released during the U.S. trading session (20:30). These two heavyweight data points are likely to break the current stalemate, so it is recommended to prepare for risk control.