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BTC 17/1 Update Analysis
Bitcoin has tested the 94K3 price level, and the H4 timeframe shows a clear surge in trading volume signals. This level is quite critical.
From a technical perspective, the price is very likely to retest this important support at 94K3 again. If the H4 candle closes above 94K3 effectively, the next target will be in the range of 93K4 to 93K7.
It is especially important to note that if the H4 closes firmly above 95K8, it will first confirm the validity of the upward rebound, with the target pointing to 97K1. These levels form the current key technical framework, and close attention should be paid to the closing behavior of the candlesticks at various price points.