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Bitcoin has rebounded, is the cryptocurrency market going to turn upside down? It shouldn't be, the rebound means 🈳, and An Nan still firmly believes in a downturn today.
From the recent trend, the overall price of the currency is still in a wide range of fluctuations, basically maintaining a back-and-forth in the 94000-98000 range. In the short term, after a series of declines yesterday, the price surged significantly in the evening, only to retract its gains again at midnight. It is not difficult to see that although the price cycles up and down, the high points show a gradual downward trend, indicating that the resistance above remains very strong, but at the same time, the support below is also very evident. The repeated tests have not been able to break out into a continuation pattern, and it has maintained fluctuations within the box.
Bitcoin around 96300 first 🈳 once, watch the 94000 region.