【BTC Short-term Analysis: Key Support Battles, Awaiting Breakout Signals】

#周末行情分析
Bitcoin price retreated after reaching around 95,600. Currently (95,069), it is testing the support of the previous consolidation lower boundary and the key moving average MA20 (95,073). Multiple moving averages (MA5-MA30) are intertwined in the 95,100-95,110 range, while MA50 and MA100 form resistance above in the 95,210-95,260 zone. The short-term structure shows a compressing trend.

Key Technical Analysis:

1. Support and Resistance: The core support zone below is at 94,800-95,000, which has been tested multiple times for rebounds recently and must hold. Immediate resistance is at the moving average convergence zone of 95,110, with strong resistance at 95,260 (MA100) and the previous high of 95,600.
2. Momentum Indicators: The MACD shows that DIF and DEA are still below the zero line, but the green momentum bars (MACD: 13.5) have appeared, and DIF shows signs of turning upward, indicating weakening bearish momentum and potential for a low-level correction, though overall still in a weak zone.
3. Market Sentiment: RSI is at 44.3, in a neutral to slightly weak zone, not oversold, indicating room for further downside and that the rebound lacks strong momentum.
4. Structural Observation: After falling from the previous high, the price has formed a small downward channel or oscillating downward structure. It is currently at a critical moment testing the lower boundary support of the channel.

Short-term Trading Strategy Reference:
The current pattern leans towards oscillating weakness. Operations should focus on “defensive counterattacks and riding the trend.”

Summary: BTC is at a delicate balance point. The 94,800 level below is a short-term bull-bear dividing line. Breaking below it would turn the short-term trend bearish. Holding and breaking through 95,300 on the rebound could restore upward momentum. It is not advisable to hold heavy positions now; decisions should be based on key price levels.

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Disclaimer: The above analysis is for market opinion sharing only and does not constitute any investment advice. Cryptocurrency is highly volatile; please manage risks carefully and make independent decisions.