【BTC Market Update】
Current BTC is at a critical position. Yesterday it retraced to around 92500 from 2500 points, but there is still a gap to the ideal support:
Key support levels:
Normal retracement: 90000
Deep retracement: 89000
Extreme situation: 86000
Market status:
There are still a large number of trapped positions around 88000, with short-term selling pressure present.
Currently, the battle between bulls and bears is intense, and the direction is unclear.
If it breaks directly, it may not give a chance for a second retracement.
Operation strategy:
✔ Short-term trading: Quick enter and exit, do not hold the battle
✔ Strict stop-loss: Prevent sudden reverse fluctuations
✔ Breakout confirmation: If there is a volume increase in the upward attack, you can follow with a light position.
(Yesterday's low buy near 92500 has taken profit, currently recommended to wait and see for clearer signals)
