【Structural First Release｜BTC (4H)】

Initial structural assessment:

- Market condition: Rallied then pulled back, entering a consolidation phase

- Structural background: The previous 4H push ended, high-volume continuation was not sustained

- Current price position: Near the lower boundary of the consolidation (around 90,500)

Follow-up observation:

- Is the structure continuing: The consolidation structure is ongoing

- Pullback characteristics: Downward movement without trend volume, a structural retracement

- Rebound characteristics: Limited rebound height, not returning to the upper structural zone

Key structural zones:

- Upper resistance zone: 92,500 – 93,400

- Consolidation battle zone: 89,800 – 90,600

- Lower support zone: 88,600 – 89,000

Risk structural hints:

- Current phase lacks clear trend advantage

- Frequent directional battles within the consolidation, low tolerance for errors

- Short-term fluctuations do not equate to a 4H structural reversal

Structural conclusion:

- BTC 4H is still in the digestion stage after a trend

- The structure direction is not confirmed until the zone is effectively broken

- Currently leaning towards a “time for space” structural evolution