Trend Analysis:
Recently, the Bitcoin K-line has shown a significant downward trend, with a large drop in the past two days.
Currently, around 95000 constitutes a strong resistance level, with multiple unsuccessful attempts to break through.
Technical indicators show a bearish bias:
MACD is in the negative zone, with DIF and DEA diverging downwards, and the EMA three lines are synchronously declining while the price is below the moving averages.
The RSI indicator is at 31.9, close to the oversold zone, suggesting a possibility of a short-term rebound.
Evening trading strategy:
Take 95000 as a reference for resistance, maintain a bearish outlook, with an initial target looking towards 92000 - 91600. If the market further breaks down, the subsequent target is set around 90000.
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