Change strategy, there are too many resistance levels above, and the one-hour support has already been broken. Observe whether it can hold above 97000 at the close of the next one-hour candle. This wave looks for a pullback, with the first target around 93500 and the second target at 91000.
However, Bitcoin will certainly have another surge; the lowest point of this wave may go down to around 89000.
Trading suggestion: open a short near 97100, set the stop loss at 98500. There are already two trend lines providing resistance above, which is very strong. The short-term breakthrough pressure is significant. Set the take profit around 93500 and close half of the position, then set a breakeven stop loss near 91000 to close all.
For subsequent operations, please wait and do not rush to catch the bottom, as it may test the weekly support around 88500.
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