$BTC This week started off with a bullish tone from Monday, and overall it has been a bullish rhythm with not much change in between. The daily chart has been steadily moving upwards, and the weekly chart is likely to close with a nice Bullish line. After a big pump or a big dump, a consolidation period is needed; this is not a market for a sudden rush, so those who haven't entered at the lows shouldn't blindly chase.

In the short term, the 4-hour level is already nearing the overbought position, so pushing up further will be a bit difficult. Therefore, the approach is to wait for it to push up and give a top signal before proceeding. The key level to watch is still 93400.
——If it can't break through next week, the market may pull back a bit, wait for the interest rate cut to land and then surge again, followed by a trend of correction.
——If it goes up, then 93400 will become a new support point, and the market can continue to rise one level.
Overall, the direction is still optimistic, but in the short term, it has already squeezed into the pressure zone. Don't rush to chase longs; just wait for the market to give the next move.