Recently, Bitcoin surged to 95,600, hitting a 24-hour high, but it was quickly knocked down and is now fluctuating around 95,000. This wave of upward movement seems fierce, but the trading volume hasn't kept pace, showing a typical divergence between price and volume. What does this indicate? The sell orders above are accumulating, and the pace isn't slow.

From the recent trend over the past few days, every time the price attempts to break through the upper band of the hourly Bollinger Bands, it gets pushed back down, indicating that the bulls lack momentum. Conversely, the bearish sentiment is growing stronger. At the current pace, the support level below might be around 92,000.