The market has reached a point where drawing any lines is actually meaningless, because there is nothing to refer to within this declining range!
Currently, the strong support point is 93041. If the daily line cannot close above the support line and stabilize, it is very likely that we will enter the next range tomorrow! The second strong support position is 86737.
Right now, no one can give you a clear direction. From my perspective, I can only offer a few suggestions:
1: If you plan to hold your position, the liquidation price must be guaranteed to be below 86737.
2: If you are out of position and want to go long, you must see a daily-level rebound signal before entering the market.
Since the main force has decided to go down and trigger long positions, they will definitely not let go of the high position to chase long positions; Entry signal: a quick pullback after a spike; currently, the downward signal is obvious, and the rebound momentum is clearly insufficient; Be cautious of a sharp drop tonight into tomorrow morning that might hit the second support in extreme circumstances!
Conversely, if the daily line can hold above the first support line, then it is possible to enter the sideways range I mentioned before, which is also the market I am looking forward to! $BTC $ETH #币安HODLerTHE #XRP市场价格动向 #比特币盘整分析