BTC Weekly Market Analysis and Forecast:

1) Four-hour long and short volume: Bearish volume is not strong, while bulls are struggling hard;

2) The buy orders on the order book keep coming in, while the sell orders are relatively weak, so the price is temporarily unable to drop. When the ETF institutions start working, there may be an increased selling pressure.

3) The weekly line has broken the long-term upward trend line. The medium-term downtrend has been established; however, BTC should test around 98,000 for confirmation before continuing to decline.