BTC, after a wave of upward movement yesterday, broke through the upper band of the Bollinger Bands but failed to maintain a strong pumping trend, and the technical indicators showed signs of divergence, which means it may face certain adjustment pressure in the short term.

Considering that the market is usually stable over the weekend, it is expected that BTC will maintain a high-level range oscillation pattern! Currently, it is in a sideways state, with no further signs of a downward trend yet. On the four-hour chart, the Bollinger Bands are showing a contraction pattern, suggesting a possibility of further decline in the market. The key resistance level of 96000 is particularly important in the dynamics of a rapid drop after a brief surge.

BTC around 95000 🈳, looking down at 93000