Bitcoin current price remains around the 94,300 mark, and the market remains hot in the early hours. During this wave of rally, traders who didn't follow up in time are probably already regretting it.

Looking at this week's trend, the main force has made two obvious pullbacks around the 90,000 level—such operations usually hint at institutional layout intentions. The U-shaped reversal pattern is about to complete, so friends who have already built positions might consider taking profits in batches. The current price is at a relatively high level; while there is still potential for further upward movement in the short term, risk management should be prioritized. Wait for a correction before looking for the next shorting opportunity.

From the daily chart, the price fluctuated between 91,000 and 93,840 at the time of writing. The EMA trend indicator shows slight contraction signals, but it's not enough to determine a clear direction. Resistance above remains concentrated in the 94,000-95,100 zone, especially near the EMA90 line. The MACD indicator continues to expand, with DIF and DEA both firmly above the zero line, indicating that the market is likely to attempt breaking through the 94,000 key level. The upper band of the Bollinger Bands has already risen to 94,300, which warrants close attention. In the short term, the bulls still hold the advantage, but the long-term pattern needs further confirmation.

Switching to the four-hour chart, the price is rallying toward the 0.618 Fibonacci retracement level at 94,200. The MACD continues to expand, with a golden cross between DIF and DEA persisting, showing a strong upward momentum. The Bollinger Bands are also opening upward, with the upper band moving to 93,000, and the candlesticks are continuously bullish, hugging the upper band for a rally.

For practical trading advice: traders who have built positions around 90,000 can consider reducing their holdings to lock in profits, while keeping some core positions to participate in the rebound. In the crypto market, timely taking profits is always the safest survival rule.