In the early morning, the market reached a low of around 95800, found support, and then moved upwards, but could not break through the key resistance level of 98500 above, so the market began to move downwards. Currently, this wave of retracement has not yet finished, indicating that the market will still move slightly downwards. However, overall, the bullish trend has not changed, so our main strategy today is still to focus on buying the dip. The market is currently running around 97000, and Yita is running around 3310. Aggressive friends can establish a bottom position at these two levels and go long directly, while cautious friends can wait for this retracement to finish before entering the market.
This week's market, if the upper level 10🥣 fails to break for a long time, the market will face a significant correction, likely going down to around 92000. Therefore, this week, it is important not to blindly chase long positions.
Bitcoin: Buy on retracement around 95800-96300, targeting 96800-97300-97300
Yita: Buy on retracement around 3260-3290, targeting 3320-3350-3380