The price of large pancakes has fallen to around 98600 before rebounding back to the 100,000 mark for adjustments. Friends who have followed Old Wang's thinking in the short term should have all exited with profits, right? Next, it is estimated that everyone is uncertain about the direction; it's unclear how the market will behave going forward, and it's also uncertain how to operate in the short term.

As the impact of fundamentals on price comparison gradually diminishes, technical indicators are correcting. The hourly chart indicates a short-term bottoming state. After the market fully breaks through the lower track, there will be a certain rebound space. In the short term, one can go long, targeting the range of 100000-101000, with strong resistance seen around 102000. Under the alleviation of the strong downward pressure dominated by bears in this market crash, making short-term trades requires a certain amount of courage. #比特币跌破十万美元 $BTC