The market was closed yesterday. Bitcoin did not fluctuate normally. At the current 4-hour level, Bitcoin is already at the bottom of the oscillation range. It did not continue to break down yesterday, and turned into a small K-line at the end, breaking the previous four consecutive negative downward pattern. The market stabilized after testing the low point of 95,000 first-line support, and the Bollinger Bands showed a flat trend overall. In the absence of major negative news, the market is unlikely to fall below the key support level. In addition, the KDJ indicator showed a golden cross signal, further enhancing the possibility of a short-term rebound.
Early trading analysis:
Big cake retracement: 95500-96000 range, target 97500
Auntie retracement: 2700-2720 range, target 2800
Market conditions are changing rapidly, the above suggestions are for reference only, and specific operations should be based on actual conditions