2025/2/24
Bitcoin's directional trend view this morning:
Current direction of Bitcoin: Is it a sideways range fluctuation, fluctuation range 95800-96300
Overall direction: Fluctuating downwards, expected to decline
Support below: 94300
Resistance above: 96580--96800
Notes: Currently, Bitcoin is in a fluctuation phase, with indicators diverging. After several rebounds, if it cannot stabilize above 96080, Bitcoin will continue to fluctuate downwards! If it stabilizes above 96080, the market will maintain a sideways fluctuation, with an overall bias of fluctuating downwards in the range of 95800--96300!
Operational strategy: Focus on short positions, the overall fluctuation range is limited, and heavy positions are not recommended!
