After continuous upward momentum, BTC is currently in a high-level consolidation phase. Currently, 97,000 has become the key price level for bulls and bears to battle, while selling pressure is significant around 98,000.

From a four-hour analysis, although MACD remains in a bullish alignment, the histogram is beginning to contract, indicating a weakening short-term upward momentum, and a technical correction should be watched for. The Bollinger Bands are expanding upward, with the upper band at 97,800 forming a strong resistance, and the lower band at $94,500 coinciding with the previous support level.

Based on this market situation, a potential pullback at higher levels can be considered. Trading suggestion: short positions around 96,800 - 97,400, with targets successively aiming for 95,500 and 94,500. $BTC #美国CPI数据即将公布 #加密市场观察