The four-hour chart is currently in a technical correction phase, with frequent long lower shadows on the candlesticks. This clear signal demonstrates that the buying support below is as solid as a rock, and the capital absorption strength is strong. The current pullback is a healthy technical adjustment, an essential step in digesting the floating positions on the way up, and there is no need to panic.

Previously, the large bullish candlestick indicated a key defensive zone for the bulls. This position is not only a turning point in market sentiment but also where the main capital cost line resides. As long as the price stabilizes here, the strong consolidation pattern remains intact; short-term retracement is actually building up strength for subsequent upward attacks. The macro positive support and influx of funds both indicate that the core trend logic remains unshaken.

Bitcoin: Around 94,800-94,300, with a rebound at 93,800, aiming higher at 95,800-97,000#btc