Boys and girls!

Bitcoin has been fluctuating at high levels for several days now, and the bulls are losing steam.

Market risk-averse sentiment has also cooled down, and the decline in US stocks has eased.

Currently, there isn't much upward space for Bitcoin, and it keeps plunging around 95,000.

For leveraged players, grasping the transition between long and short is crucial!

96,000 has not been broken through, so in the short term, it’s still a choppy consolidation.

The reversal will depend on breaking the key point at 93,300.

Don't just focus on the resistance level at 96,000!

The current price is around 95,000, it’s advisable to set a defense above 96,000.

You can try to short around 95,000, but don’t chase long positions.

If it breaks below 93,300, there's a high probability of a major correction.

Look towards 90,000 - 85,000 or even lower, and be sure to operate cautiously!#加密市场反弹