$BTC
Attention everyone! The market is currently fluctuating downward. Due to some stimulating news, the price is extremely volatile, rising and falling rapidly, and the pressure from the middle track is becoming stronger. The bearish trend has not weakened yet, so everyone must be careful of short-term violent fluctuations caused by news!
Earlier this morning, Bitcoin (big cake) hit a new low, with the price suddenly dropping to 100300. From a daily level perspective, when Bitcoin previously broke through the 100,000 mark, it did not encounter much resistance, but when it retraced after breaking through, it faced strong resistance just above the 100,000 mark.
So, there is still room for the price to continue to drop. The 100,000 mark is very critical; let's first observe the support situation at lower levels in the short term. If the price breaks below 100,000, then we will look directly at the 96,000 level!
Subsequent operations will focus on a direct short target between 102,000-102,500, aiming for 100,000. If it breaks down, we will continue to look down to
