Although moving on the short term is not very friendly to the bulls, the bears basically expect the market to go down to 85000, 80000, 77000, etc. However, with three consecutive daily bearish candles, the bearish energy has almost completely been released. There is no need to chase shorts today; instead, we should prepare to buy the dip.

After a strong rebound, the first three consecutive daily bearish candles usually indicate a rebound. In a bull market trend, the intensity of the rebound after three consecutive bearish candles is generally accompanied by increased volume. If tomorrow's non-farm payroll report still shows a weak rebound, or even a decrease in volume, then it can be determined as a continuation of the downtrend. Since BTC broke 100k after the U.S. elections on November 5, it has not effectively dropped below the 90k mark. Although this level is not unbreakable, countless bearish attempts have encountered fierce resistance from the bulls. If it rebounds to 96k-97k and manages to break through 98,200, we will see another push towards 100k.

Therefore, 93,300-91,555 remains the range for buying the dip in the short term.