4.30 Wednesday Bitcoin Evening Thought Analysis

In the past few days, Bitcoin's trend has been testing the upper resistance level, which is around 95,500 points. It has not been able to break upwards. Moreover, the force of the upward tests is getting weaker each time, and it is currently in a range-bound fluctuation, but no one knows how long this fluctuation process will last.

The long-term thought is that Bitcoin will first break upwards, and then gradually fall below 90,000. However, this process is lengthened as the fluctuation cycle intensifies.

Not much more to say, the evening thought remains focused on short positions. First, let's see if the resistance level of 95,500 can be broken; if it does, then look for 96,000. If 96,000 is not broken, then go short directly.

Evening Operation Suggestions

Short Bitcoin between 95,600 and 96,100, aiming for 93,500.