It's that familiar feeling again! The Bitcoin has rebounded to the secondary high point of 99,000 after touching the bottom, with another four to five thousand points of fluctuation. The recent market movements have all occurred at midnight, with the white pancake having been repaired as the main focus, starting to explode in the evening, getting closer to the 100,000 mark, and everyone's emotions are rising accordingly. The tug-of-war rhythm still revolves around high short and low long positions! #Bitcoin plunge causes 290,000 to be liquidated#
From the four-hour rhythm, there are fragmented declines accompanied by large increases, and the bearish momentum is clearly insufficient. The current market has surged to the top and is under pressure from overhead resistance, requiring a short-term adjustment; a pullback is inevitable. The daily state is even clearer, with the high position remaining the same, having engaged in a tug-of-war to form a peak, with a focus on pullbacks for the day. #Crypto Circle#
Bitcoin is focused on shorting around 98,800-99,000, looking at 95,000.
Ethereum is focused on shorting around 3,830-3,840, looking at 3,500.
