BTC price has firmly held near the 0 axis of the descending channel!!

The expected breakdown of the lower edge of this ascending triangle has not occurred!

The bullish volume on the four-hour chart is slightly stronger than the bearish volume! Therefore, the BTC price has not experienced a significant drop for now, but has instead oscillated upwards and rebounded.

We need to continue to observe whether the price will break through above 94,500, and if it breaks through successfully, then the price is very likely to reach the 0.618 level, around 98,500.