$BTC From the structure of 15m, this rebound of $BTC belongs to a typical weak repair: the pressure at 91,600 causes a reversal, indicating that the short-term selling pressure here has not been fully released; below, there are people supporting around MA99, preventing the price from accelerating directly. This kind of trend essentially indicates that bears are not anxious, and bulls are weak.

There are two points to pay attention to in the market:

1) 91,550–91,600 is a short-term breakthrough point. If there is no volume, it will not rise, and will only continue to fluctuate.

2) A break below 91,150 will set the rhythm, and the liquidity gap below is quite obvious. Once it falls, the inertia decline will be very fast.

Overall, the market is still oscillating in a weak range. Before a direction is given, it is all about high short and low long short-term trading methods, and there are no signs of a reversal in the large trend.

I will continue to monitor 91,150 and 91,600. Whichever of these two points is broken first will determine the direction of the rhythm.

BTC

90,879.99

+0.22%