Bitcoin is consolidating at a high level. If it doesn't break down, it will still go up and then consolidate. This is because interest rate cuts are expected in June, which will release positive sentiment in advance, but the risks are still quite significant. Please pay attention to the risks.

Nighttime Market Analysis

Currently, Bitcoin is in a 4-hour level correction. Pay attention to the 96600 position during the night. Only if it stabilizes above this position on the 4-hour level can we consider this correction over and the market to continue rising. The resistance levels to watch above are around 97285-97870-98500.

If it cannot stay above the 96600 position on the 4-hour level, it indicates that it still cannot rise, and will continue to consolidate at the bottom. If it drops, pay attention to the support levels below at 95750-94800-9400.