The situation in the Middle East continues to escalate, and Bitcoin has fallen below the 100,000 mark. Is this a trap for short-sellers or a bottom-fishing opportunity?
1. News
1. Market News
From market news: The ongoing situation may continue to escalate, making it difficult for prices to show significant upward trends. The market may experience some fluctuations or continue to decline in the recent price trends. The key for Bitcoin is whether it can hold below 100,000 and maintain a bearish outlook. A bullish sentiment can only be established if it holds above 105,000. Recently, rebounds can be used for short positions as the main strategy.
2. Market Sentiment
From market sentiment: The market has entered a bearish zone. If there aren't any supportive positive data soon, the price may continue to decline, and rebounds should mainly focus on short positions. #币安Alpha上新 $SOL
