$BTC Observing from the 4-hour level, Bitcoin encountered resistance and fell after attempting to rise near 93200 in the evening, highlighting that the key resistance area above still exists. However, the pullback has not destroyed the overall upward structure—although the price has continuously retreated to the middle band of the Bollinger Bands, it quickly stabilized and oscillated around 91800, indicating that the support below is strong and solid. The Bollinger Bands overall maintain an upward opening shape, and the trend has not reversed; the medium-term bullish pattern remains solid.

Switching to the 1-hour level, the Bollinger Bands are showing a gradual narrowing trend, and market volatility is simultaneously decreasing, which is usually a signal that the market is entering a consolidation phase. Although the three Bollinger Bands have a slight downward tendency in the short term, the price has consistently maintained above the key support area, reflecting a strong willingness to sustain the current market position. As long as the price can complete the oscillation consolidation above the support zone, it is likely to accumulate upward momentum again, starting a new round of price surges. $ETH

Bitcoin near 91000-91500, targeting around 93000.