#比特币市场波动观 Yesterday was another decline adjustment, currently $BTC is fluctuating around 95000 to 96000, but based on the current trend, the probability of a downward movement is higher, with the possibility of pulling back to yesterday's low point, which is the short-term support level at 93500.
Since the spike to 92200 caused a large number of long positions to be liquidated, $BTC's attempt to rise to 100000 was unsuccessful. The reason could still be that the market is too heavy, and retail investors have not been completely washed out, so there is still a high probability of another downward spike.
Today, it is necessary to control long positions or open short positions for hedging. It is very likely to drop to around 93600.