On Tuesday, Bitcoin rose sharply before falling back and closing lower, following the trend to go long.
In the early morning, there was another round of declines, from 88460 to 87000, with bulls giving back all the gains of the previous trading day. This kind of rise driven by news cannot change the overall trend's technical structure; the market makers raised prices to offload. Next, we continue to go long without much concern, and we will continue to go long in the morning.
Today, almost no substantial rebound space was given since early morning. To be honest, I'm familiar with this rhythm, and it probably won't provide too many opportunities. Therefore, during the Asian session, a slight drop can be an entry point for long positions. Remember to enter with a probe position first, reserving 5% of the position to add back on a rebound of 1000-1500 points, which also prevents everyone from missing out.
Go long on Bitcoin in the 86500-87000 range, with a target of 89000.