The market has been narrowing down in fluctuations these past few days, and yesterday saw a sharp rise and fall with both bulls and bears striking. The market is intensifying in volatility and is about to seek a significant breakout direction.
Bitcoin has stopped falling here, possibly brewing the next wave of a massive drop below 100,000. When it falls again, it likely won’t find support at 100,000 and may directly drop to 98,000 or even 95,000.
Even if it goes up later, it won't be a single line increase, but if it falls, once it drops below 100,000 and continues downward, it might reach 95,000 in one go. This range has little support.
Currently, this is the situation with Bitcoin. Even if there is a rebound, don’t try to catch the bottom.
