Market trend analysis: →♥

From a weekly perspective, currently, after retracing from the high point around 102000, Bitcoin slightly stopped falling and rebounded after touching the support near the previous low of 91000. I personally believe that the rebound will still be a short position. The provided strategy can be referred to in the previous updates, and adjustments will be promptly followed up on if necessary. The tendency is to see that it is easier to break below the 90000 mark in the future. From the weekly and monthly chart structure, it can be considered as the process of Wave A decline. This adjustment should be viewed similarly to the one from March to August, indicating that the adjustment won't end so quickly.

The same view as Ethereum believes that there is still a possibility of hitting a new low on the weekly chart, that is, falling below 3100 in the future. The real reference for bottom fishing is the one mentioned earlier in the weekly and monthly chart analysis.

$BTC