The Bitcoin market is experiencing rapid fluctuations, with a tug-of-war between bulls and bears in play. The trend is somewhat melodramatic, but the overall rhythm remains unchanged!
After all, neither the bulls nor the bears show strong continuity; ultimately, it’s just building momentum. The resistance above is too strong, and the rapid downward trend inevitably allows for some rebound space!
The rebound is merely a buildup of strength and does not indicate a reversal signal in the market. The overall rhythm remains unchanged!
There is strong resistance at the 100,000 mark, so don’t be misled by such market conditions. The volatility is too high; reasonable risk control is paramount, and the rhythm hasn’t deviated at all. The short position strategy continues!
In the morning operations for Bitcoin, Lin Kun personally suggests shorting the price during the rebound at 98,000-98,500, targeting a drop to around 94,000-93,500!
