The number $BTC dropped to around 92800 this morning, and now it has quickly risen to nearly 94000. I thought a decline was about to start, but unexpectedly it went back up. After rising from 74500, it has been consolidating at a high level between 94000-95000 for the past five days. Logically, it should be time for a drop. However, it bounced back this morning, but still, the same advice applies: don't chase long positions at high levels. For the next few days until the end of April, focus on short positions, and be cautious of a continued decline during the May Day period. In the next ten days, I expect a correction with a focus on shorts. Today's short-term support is at 91500, and resistance levels are at 93900 and the overnight rebound peak of 94500.
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