The price of Big Pancake $BTC continues to show a震荡上行趋势, the ascending channel has opened, and the short-term target points to the 99k-100k key resistance zone, with a fluctuation space of 4000-5000 points in between. The current price is repeatedly testing the 93k-96k range, with a dense bullish position in the 91.5-92k dollar area below, which may trigger a pinbar-style wash.

The four-hour MACD indicator shows momentum divergence, and the one-hour chart has repeatedly tested moving average resistance, indicating that the selling pressure above still needs to be digested. It is recommended to pay attention to the effectiveness of breaking through 99k dollars; if it encounters resistance and falls back below 93k, consider locking in positions.

Additionally, current market sentiment is sensitive, and one should be wary of violent fluctuations triggered by sudden policy news. Shorting should be done with caution.

The above is for reference only and does not constitute investment advice.