$BTC 4 Hour Chart:
1. BTC has experienced a slight decline over the past three to four days, breaking below the upward trend line and the upward parallel channel, reaching a low near 93500, but it has not broken the previous low of 92900.
2. Minor fluctuations are still in adjustment, having formed a triangle pattern. Will it move up or down? We will know by midnight tonight or by 4 AM tomorrow.
3. If there is a breakout to the upside, it is highly likely to reach around 99500.
4. The daily upward trend is nearing its end, so be cautious of the risk of wide fluctuations.
Comprehensive assessment suggests that the 4-hour chart is likely to continue moving upward. A small short-term position can still be taken, but appropriate stop-loss measures must be in place, and be alert to the risk of market reversal.
BTC Weekly Trend: Bullish (for more details, please see the pinned post on the homepage)
BTC Daily Trend: Bullish (for more details, please see the pinned post on the homepage)