Bitcoin prices are showing a downward trend

Recently, Bitcoin prices have continued to decline, and the market is in a state of consolidation. We have previously issued a short-selling recommendation, expecting to short in the 98,000 range and take profit near 95,000, achieving a good floating profit.

Currently, Bitcoin is still in a box consolidation pattern. Short-term trading opportunities are increasing, but risks are also rising accordingly, and investors need to operate cautiously. It is more advisable to adopt a swing trading strategy to avoid excessive short-term risks.

From a technical perspective, Bitcoin has entered an adjustment phase after a significant rise, and after a slight rebound, it may continue to decline. This round of decline may present in a step-like fashion, and it is recommended to pay attention to whether the daily level falls below the middle track support. Overall, the current Bitcoin trend is relatively clear. #XRP解锁新趋势 #下一个换谁涨？