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Bitcoin bulls are quite resilient, but their energy is clearly lacking.
Looking at the four-hour chart: the price is hugging that 21-day blue upward trend line, falling below and then bouncing back, so it has held firm.
That recent rebound was actually quite weak, with the bulls not having much strength. Mainly, the bears are also losing momentum, which is why the price can rise. But this kind of rebound has a ceiling.
Keep an eye on two levels: 92,500 and 94,500.
If the 94,500 level cannot be broken three times in a row, there's a high probability of a significant pullback. The opportunity might be right in front of us.