Today's Bitcoin continues to move out of the震荡回调 structure, and has once again reached around 92000.
This wave of Bitcoin has chosen to continue weakening, further breaking below the support level of 92600. It is recommended to pay attention to the expected pullback in the range of 89100-90000 for potential low long opportunities.
Overall, Bitcoin is still in a pullback phase after a major rise. This wave has not yet fully reached the expected pullback structure, so short positions can be considered, but it is essential to set stop-loss measures.
Compared to chasing short positions, a more prudent approach is to patiently wait for the pullback to be completed before entering long positions to seize rebound low long opportunities. This means waiting for a pullback to the support range around 89000 before executing long orders.
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