$BTC Pay attention to the 91000 position!

Although yesterday Brother Bao's long position at 89600 was not executed, it precisely gave us a signal that we must pay attention to the area around 91000 for the short term. On the daily chart, a large bearish candle fell nearly 5000 dollars. From a larger perspective, Bitcoin has shown signs of weakness.

If it continues to drop, I think the best position to watch is whether 91000 can hold. If it can't hold, we might look to enter a short position at 89600, and then go short at 95300.

Brother Bao also believes that if 91000 holds, it will likely consolidate in the range of 91000~95300 for a while before choosing a new direction. With this wave of declines, the bears have gradually increased their positions. Observing the order book, the bears are continuously increasing, so there might be a significant rise to squeeze the bears, as the price of Bitcoin has been established, making it difficult to drop.

If Bitcoin consolidates next, Brother Bao will look at ETH. Yesterday, Ethereum at 3260 had a six-fold profit on a bounce. He left when the market didn't hold during lunchtime, but we can still pay attention to ETH's trend, which is likely to continue its rebound. It's the savior of the altcoin sector. Let's see if we can get in at #BTC走势预测 later.