Although the short-term trend is not very friendly to the bulls, the bears are basically bearish again to 85000, 80000, 77000, etc., but the three consecutive negative lines on the daily line have released most of the bearish energy. There is no need to chase the short today, but to prepare for bottom-fishing.

The first three consecutive negative lines on the daily line after a strong rebound generally have a rebound. In the bull market trend, the strength of the rebound after three consecutive negative lines is generally with volume. If the non-agricultural data still rebounds weakly tomorrow night, or even shrinks in volume, it will be determined to be a downward relay. Since BTC broke through 10w after the US election on November 5, no one has effectively fallen below the 9w mark. Although this is not a copper wall, countless shorts have encountered desperate resistance from bulls when they came here. Once it rebounds to 9.6-9.7w, it will break through 98200 and rush to 10w again.

So 93300-91555 is still the range for short-term bottom-fishing.

Every time it rises, it sees 150,000, 200,000, and after adjustment, it sees 80,000, 70,000. The two extreme emotions of the leeks cannot influence the market. Only institutions can dominate the direction. If it does not fall below the key support level, there is no need to continue to be bearish. Especially when 90,000 has not been broken once, you are bearish to 85,000, which is not appropriate. Because the first break will usually recover. Otherwise, if it really goes as the short-selling analysts say, it will already be a bear market cycle, so what are we looking forward to here?

Low-long means flying against the wind. The road to rising is never smooth, but it is still necessary to maintain a bullish mindset in the bull market trend.