Looking at the 4-hour chart, Bitcoin indeed needs a short-term correction. After rising continuously from the bottom for a week, it has now reached the key resistance around 94,000. A pullback over the next two or three days is a normal rhythm.

How will it move in the coming days? There are actually two main ideas:

One is that the bulls continue to exert effort. If the price stabilizes above 93,300 USD and breaks through this line, an upward channel will open. At this point, it may reach 94,000-96,500 USD, and there is even a chance to test 98,000 USD. The bottom support below has already stabilized, with limited downside space, and increased liquidity may drive further upward movement.

The other is a short-term correction. If it breaks below the 92,000 USD support, the short-term target points to 90,000-89,400 USD. Going further down, it may test the lows at 88,200-86,800 USD. Once it loses the 91,200 USD level, it will re-enter a consolidation zone.

Overall, the probability of a short-term decline followed by a rebound and sideways movement is higher. However, caution should be taken against sharp pullbacks. If there is an opportunity to fall near 90,000 USD, it could actually be a good entry point.