Recently, the fluctuations of Bitcoin at a small scale are significant, with daily ups and downs reaching two to three thousand points, making the market feel like a roller coaster, aimed at eliminating high-leverage players to pave the way for future rises.

Currently, after Bitcoin reached a historical new high, it faced a correction, with large sell orders frequently appearing, making the road to breaking new highs fraught with difficulties.

Many institutions and big players have already bottomed out and made considerable profits, leading to increased selling pressure and intensified market fluctuations.

In the future, it is essential to closely monitor the support situation in the 90500-91000 range; if it does not break down, the upward trend is expected to continue.

Once a stop-loss signal appears in this range, it will be a good opportunity to enter the market. This is the current trading thought for BTC.

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