From the 4-hour chart, $BTC surged to around 96,600 but failed to stabilize, followed by a technical pullback. Currently, the KDJ indicator has turned downward, and trading volume has increased, indicating that the bullish momentum is weakening. The upcoming trading strategy can focus on shorting opportunities—look for short entries between 95,500 and 96,000, with key support levels at 93,000 to 92,000. Position risk management should be adjusted flexibly based on individual risk tolerance. $ETH is to be considered in parallel.
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Wednesday Market Review and Future Outlook
From the 4-hour chart, $BTC surged to around 96,600 but failed to stabilize, followed by a technical pullback. Currently, the KDJ indicator has turned downward, and trading volume has increased, indicating that the bullish momentum is weakening. The upcoming trading strategy can focus on shorting opportunities—look for short entries between 95,500 and 96,000, with key support levels at 93,000 to 92,000. Position risk management should be adjusted flexibly based on individual risk tolerance. $ETH is to be considered in parallel.