The trend of Bitcoin has also reached a turning point. From the 4-hour chart, the market shows a step-by-step downward rhythm. The lower support has been completely opened, and the market trend is very much in line with expectations. It has been emphasized before that if the 97000 level is broken, we will look down to 95000!

The plot has not deviated much. Bitcoin still maintains a downward trend, and the bearish sentiment has not weakened with the pullback, continuing to oscillate at low levels downward!

The overall trend remains bearish. From the hourly chart, the Bollinger Bands have begun to narrow downward, with significant space below. A slight rebound in the middle is also quite normal, so we can continue to go short in the evening!

For the evening operation on Bitcoin, I personally suggest to short during the price rebound at 96150-96650, with the target looking down to around 94500-94000!