Recently, the Bitcoin market has continued to weaken, having broken below the midpoint of the lower shadow, forming a downward breakout trend, indicating that prices will further decline.

In response to this market trend, it is recommended that investors gradually establish short positions in a planned manner within the price range of 95000 to 95500, to capture potential market opportunities.

The initial target price is set at 92600. If this key support level is effectively broken, the price is expected to continue to slide below 90000.

During the trading process, investors should closely monitor market dynamics and flexibly adjust their trading strategies based on market changes.

At the same time, it is essential to strictly adhere to risk control principles to ensure the safety of investment activities. Investors should remain cautious when making decisions, treat market fluctuations rationally, and avoid blindly following the crowd.

If you have any other questions, feel helpless or confused about trading, or want to learn more about cryptocurrency-related knowledge and up-to-date information, click on my profile picture for free first-hand information, with no barriers to help you plan.