#数字资产市场动态 Take a look at some details on the 1-hour chart. BTC is currently at a critical crossroads.

**Technical Resistance Points**

The price is firmly testing the upper Bollinger Band(96236.5), trying several times but failing to stabilize. In the short term, the upward breakout space is blocked. Looking downward, although the bullish arrangement of MA7 and EMA7 still holds, the price has already pulled back into the dense moving average zone(96150-96200), which is not a good sign. If it can't hold, the next line of defense is the area around 96050(the intersection of MA30 and EMA30).

The MACD histogram remains above zero, but the DIF is starting to flatten—what does this mean? If the next 1-hour candle can't generate volume to push upward, the death cross risk will increase, and the pullback pressure will intensify. The current amplitude of 0.11% doesn't seem large, but this shrinking volume state is telling a story.

**On-Chain Data Insights**

In the last 6 hours, the amount of large holdings transferring to exchanges has increased—this detail is worth noting. The short-term selling pressure signals are flickering. However, from another perspective, the funding rate in the futures market remains neutral to slightly low, and bullish sentiment is not out of control, indicating room for accumulation. Large investors seem to be waiting for something.

**Macro Catalysts and Strategic Planning**

Tonight's performance of the US stock market opening will be a key variable. As long as there are no black swan events in the macro environment, a technical correction could instead become a window for low-cost buying.

From a trading perspective—short-term, if the price breaks below 96000 and MACD confirms a death cross, I will consider deploying in the 95800 to 95500 range in stages. The weekly trend remains upward, so any sharp decline is essentially an opportunity to buy. The key support has already moved up to 95300(previous high).

The most common mistake during consolidation is being shaken out of holdings. True breakouts often happen suddenly when everyone is hesitating—those who are well-prepared can seize the opportunity. $BTC