This week is a special week that relies on needle rebounds, as Federal Reserve officials are speaking every day from Tuesday to Thursday, and Monday has already seen a drop in advance as a courtesy. This aligns with my expectation over the weekend to buy the dip for BTC at 94666-93888, and so far it has not broken below this range. The range of 94000-94666 has already seen several trades, and 93888 was touched for the first time. If it comes back down again, buying at the recent support point below 93800 will also be a short-term buy opportunity.
Currently, unlike a one-sided decline, it shows strong rebounds at each support level, with deeper pullbacks resulting in stronger rebounds. In a one-sided decline, rebounds generally retreat 10 and advance 4/6. Therefore, the profit space for low-margin long positions is still the largest. However, this week's market is not suitable for heavy positions with high leverage, as the fluctuations are large. If you don't take profits in a timely manner every day, it can be easy to get stuck at a certain price level. For short positions, if the pattern is not handled properly, failing to take profits in batches can also be easily swallowed by a sharp rebound after a needle prick.
I enjoy this beauty of short-term fluctuations in a bull market.