On Thursday afternoon, after everything settles down, the market will enter a decision-making phase, whether to continue moving downwards or to fluctuate and recover. Many friends have entered into disagreements at this time. However, ignoring the structural aspect of the technical side, there is a saying—I'm not sure if everyone agrees—that the essence of change is still the technique. No matter how the market intersperses or tempts capital, the pattern has not finished adjusting and falling within its scope; we still have to follow the major trend and observe the emotional sentiments, as the window for adjustment has not changed.
So far, the daily line has consecutively closed in the red, and the effect is evident. The previous bearish cloud cover after touching 102800 has not changed, and the adjustment is still within expectations. The four-hour stair-step downward momentum is also relatively obvious. The technical aspect is almost certain, with a shakeout consolidation in exchange for time and space.
Therefore, in short-term operations, it is still essential to follow market characteristics and continue to observe adjustments. A rebound can be directly shorted. Recently, there has been a downward trend in the afternoon, continuing into the US market. First, pay attention to 92000 below, which is also the first short-term target area. If it continues to break below, the second target looks towards around 90000.
In the afternoon, for BTC short-term operations, rebound in the 94000-94500 area, with targets looking at 92000-90000.
The status is quite significant, the winning streak continues, and if you can't accurately gauge long or short, recognize the reasoning and walk alongside each other! Create brilliance again!