I stared at BTC all night last night, and this market is really driving me crazy! On the 4-hour chart, it's been stuck around 92,373, with a gain of 0.37% and a volatility of 0.5%. Is it just treading water? The 100,000 and 96,000 resistance levels above are pressing down hard, while 89,000 and 84,000 below are providing solid support. The key issue is that the MACD just climbed above the zero line and then a bearish crossover appeared, with obviously insufficient volume. Are the bulls and bears just unable to fight it out? Is this a halftime break in the bull market, or the calm before the storm? Will BTC break through 100,000 next, or will it pull back to 84,000?

First, here's some explosive news:

There's a whale currently holding a 20x long position with 537.83 BTC, worth $49.1 million, and they've been carrying an unrealized loss for 24 days straight! At its worst, the loss hit $9.5 million; now it's narrowed to $4.49 million, but don't forget this is a 20x leveraged position—just a slight drop and it's liquidation time! Do you think this whale is convinced BTC will rebound, or are they just trapped and hoping to make a comeback? Even after such big losses, the whale is still holding on without closing the position. Could it be they've caught wind of some major bullish news in advance?

Now, let's look at the technical side:

BTC's current price is 92,373, just 3,627 points away from the rebound target of 96,000. In theory, another push could reach it. But that 100,000 mark is like a wall—breaking through won't be easy! Looking down, the 92,370 support is almost the same as the current price, with 89,000 and 84,000 as two more lines of defense below.

The MACD situation isn't looking good—the white and yellow lines just formed a bearish crossover above the zero line, clearly signaling insufficient volume and a stalemate between bulls and bears. It's like the car is in gear and you're stepping on the gas, but the tank is almost empty—how far can it really go?