After a recent smooth upward trend, Bitcoin encountered significant resistance around the 94,700 mark. Two consecutive candlesticks failed to effectively break above this high point, and the candlestick bodies began to shrink, indicating clear signs of stagnation at high levels. More notably, during the high-level consolidation, trading volume did not increase accordingly, suggesting that the momentum to push prices higher is waning.

From the 4-hour candlestick technical perspective, the price has already retreated from the upper band of the Bollinger Bands, with the middle band currently around 91,900, which is a critical support zone. Additionally, looking at the moving average system, although the price remains above the short-term moving averages, the deviation has become excessive, indicating a strong need for a reversion to the mean. This further increases the likelihood of a short-term correction.

From a trading standpoint, it is recommended to lightly short in the range of 93,800-94,200 on Tuesday evening, with targets around 91,000-92,000. Maintain risk awareness, as the possibility of short-term increased volatility should be guarded against.