Here is the professional analysis version (more technical, tighter logic):

Bitcoin Mid-Long Term Strategy: Facing Resistance at Highs, Signs of Top Emerging, Patience for Pullback

On the early morning of the 15th this week, Bitcoin experienced a rapid surge, with the price reaching around 97,900. However, the momentum quickly weakened, failing to sustain a continuous rally, indicating insufficient bullish capital and sentiment support.

From the daily chart perspective, although there were consecutive large bullish candles and a temporary breakout above the Bollinger upper band, the strong upward move did not open new upside space. Currently, the trend has shifted to a pullback and correction pattern, with weakening candlesticks and gradually emerging signs of a top.

Looking at the 4-hour timeframe, after multiple attempts to test lows, the bulls concentrated efforts to push higher lows and highs. However, the area around 98,000 has become a clear key resistance zone. If this level cannot be effectively broken and stabilized, it is likely to mark the end of this rebound, with the market’s focus shifting back to the bears.

In the short-term cycle, highs are gradually declining, and the rebound strength continues to weaken. Although there has been no rapid breakdown below support yet, downside momentum is building, indicating a structure more inclined toward “a weak rebound followed by another decline.”

From the perspective of the overall cycle structure and market rhythm, a pullback after this rally is highly probable. The medium- to long-term trend remains bearish.

Trading Strategy:
For medium- to long-term positions, consider gradually building short positions in the 96,500 – 97,500 range, with the first target at 90,000. If broken, further downside targets are 87,200 – 84,500.
Position size should be controlled at 3% – 5% to mitigate risks from short-term volatility.

If you prefer a more “exchange community style,” more emotional, or a more “real trading signals” approach, I can prepare another version for you.