#非农数据大幅超出预期 Bitcoin has been falling since it could not stand at $100,000. At first, it fell rapidly, first falling back into the previous box, and then the price did not start any rebound trend. From the four-hour level, the subsequent price is still falling, but the rapid decline has become a fluctuating decline. Then in the early morning of today, the price of Bitcoin fell back to the bottom of the box again, and it also fell below the previous low. The previous lowest price fell to $91,500, and the lowest price fell to $91,200 this morning. The current price has rebounded slightly and returned to above $93,000.

However, from the four-hour level, it is still impossible to observe the strong resistance of the bulls. The overall trend is still a fluctuating decline, and the counterattack of the bulls is not obvious at all. In this case, it is not recommended that you enter the market directly.

At present, I think the bottom support level of the box is still around $92,000. The current price of Bitcoin has not fallen below this box. Although the price once fell to $91,200, the current price rebounded, which was a false break. The current support level is still valid. Of course, if I am more cautious, I still hope to wait for the market to rebound. Just like before, after the price began to rebound and the bulls began to counterattack, the bears could not smash the market to hit a new low, and then the bulls continued to break through new highs. In this case, there is an opportunity to enter the market. This is a more cautious approach, because we also mentioned yesterday that if the price cannot be supported at $92,000, there will be a deeper callback in the future. Yesterday, through the pattern analysis, if the price falls below $92,000 and does not come back, the subsequent price may reach $86,000. And today is Friday, and I hope that Bitcoin can stabilize above $92,000 during the weekend, so next week is likely to be an opportunity for a rebound.