BTC Trading Daily Report:

1. Volume and Price Patterns

Resistance to Uptrend: After BTC broke through the resistance line at $91,000, it did not produce a sustained bullish candlestick but chose to consolidate in the $92,000 - $92,700 range.

Candlestick Pattern: The latest few 4H candlesticks have small bodies and upper and lower shadows, indicating an increasing divergence between bulls and bears at this position, with short-term upward momentum weakening.

Trading Volume: There was an increase in volume when breaking the resistance line, but in the subsequent consolidation, trading volume began to shrink. This indicates that at the current price level, although buying pressure is no longer aggressive, selling pressure has not surged, and the market is in a delicate balance.

2. Nature of Volume and Price Patterns

Trend Strength: Slightly strong oscillation. The price is still maintained above the purple short-term moving average (EMA20) and has held the critical resistance line at $91,000, indicating a strong consolidation.

Reason for the Pattern:

Healthy Handovers: After breaking through significant resistance levels, it usually takes time to digest profit-taking and stop-loss orders. The current low-volume consolidation is a healthy handover process, referred to by Wyckoff as a variant of BUEC (Back Up to the Edge of the Creek).

Building Up Momentum: The moving average system is slowly catching up to the price, waiting for the moving averages to converge before diverging again.

3. Conclusions and Intentions of the Market Maker

Market Maker's Intent: The market maker is not in a hurry to push the price up but is using consolidation to clear floating positions. There are no signs of significant selling above $92,000 (no giant bearish candlesticks), indicating that their targets go far beyond this. They are waiting for retail investors to lose patience and hand over their positions or for new bullish signals to appear.

Supply and Demand: Supply and demand are temporarily balanced. Supply is constrained near $93,000, but strong support is found below at $91,000.

Direction Judgment: Bullish after oscillation. As long as it does not effectively break below $91,000, there is a high probability of continuing to break upwards after the consolidation.

4. Measures and Actions

Currently in a continuation pattern of an upward trend, the strategy should focus on buying on dips, with short positions as a supplement.