BTC is experiencing sustained consolidation on the 4-hour timeframe. The 95K level was briefly broken but failed to hold, and a retest of support indicates a loss. Currently, a larger bearish flag pattern is gradually emerging, with the outline of the consolidation channel becoming more defined. Bulls and bears are engaged in a fierce tug-of-war around the upper and lower boundaries of the channel, vying for dominance. From a technical perspective, the 90K zone constitutes a critical support level; a breakdown would require caution. Resistance above is concentrated in the 98K-99K range, and a breakout would need clear additional capital. In the short term, the probability of this tug-of-war continuing is high, and traders should closely monitor the performance around these two price levels.
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SleepyArbCat
· 3h ago
95K is getting worse, this bear flag looks a bit confusing to me. Let's wait until 90K.
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gas_fee_trauma
· 3h ago
It's that damn tug-of-war again. Breaking through 95K is a bunch of crap, it's just going to come back down again.
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CommunitySlacker
· 3h ago
95K can't be broken either, this time it's really hopeless, I feel uncomfortable as soon as the bear flag appears
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LiquidationHunter
· 3h ago
95K has been surpassed again. I really can't hold on this time.
BTC is experiencing sustained consolidation on the 4-hour timeframe. The 95K level was briefly broken but failed to hold, and a retest of support indicates a loss. Currently, a larger bearish flag pattern is gradually emerging, with the outline of the consolidation channel becoming more defined. Bulls and bears are engaged in a fierce tug-of-war around the upper and lower boundaries of the channel, vying for dominance. From a technical perspective, the 90K zone constitutes a critical support level; a breakdown would require caution. Resistance above is concentrated in the 98K-99K range, and a breakout would need clear additional capital. In the short term, the probability of this tug-of-war continuing is high, and traders should closely monitor the performance around these two price levels.