Daily chart: BTC reached the upper band of the rising channel and showed significant pressure with consecutive long upper wicks indicating heavy selling pressure above. However, the bottom hammer candle and bottom reversal structure form a potential long positions support.

Short-term period: The 4H level maintains a range-bound oscillation, the Bollinger Bands are flattening, and the MACD volume is shrinking, indicating a continuation of the consolidation pattern in the short term.
At the 1H level, the volume of long positions and short positions is stuck, and the price continues to test the effectiveness of the lower support. Overall, the market is likely to maintain a range-bound fluctuation in the short term. It is recommended to maintain a range strategy, buying high and selling low.
Long positions in the range of 93000-93500 for BTC, looking at 95000-95500.

#BTC近期能否重返100k?