Every time there is a pullback in the short term, there are quite a few voices predicting a drop to 80k or 70k. I think this view has too large a span and is not very meaningful in reality. If there is to be a deep drop, the standard definition for upgrading the 2-day line adjustment is: a strong break below 90850. If it falls below this and cannot recover above 93000, the next step would barely see a minimum of 85755 (strong support at the 2-day line level).
In the short term, as long as BTC does not effectively break below 94750 (if it breaks below this and cannot recover above 95855), it will not continue to dip further.
If it rebounds again and stands above 97450, support will move back up to around 95755, and it will strongly rebound further to 98200-98700.
In the next 24 hours, focus on these two positions.
One strong push leads to weakness, and then exhaustion. If the short position opened yesterday has a weight of 15%, today it should be 10%, tomorrow 5%, or even not entering at all.
