#比特币走势分析

Market tug-of-war continues, Bitcoin's trend is full of twists and turns!!

Last night, the market surged like a raging tide, once again probing recent lows, nearing the 93600 area, and then seemingly counterattacked, quickly rebounding to 95500.

Although this point is on par with yesterday's daytime levels, the volatility in between is astonishing, with fluctuations of thousands of points, leaving many investors deeply trapped and unable to extricate themselves.

High-level consolidation resembles a silent battle, aimed at clearing some positions; therefore, during this critical period, we must firmly adhere to the principle of seeking victory amidst stability, and we must not act impulsively or gamble recklessly.

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#Bitcoin plunge triggers a tragic situation for 290,000 people in liquidation#

From an overall structural analysis, the triangular area still has not revealed a clear breakout signal, and the market tug-of-war remains confined within the established range.

In this stalemate where the top has not yet been broken and the bottom has not yet been penetrated, accurately exploring various resistance levels and cleverly planning based on resistance strength becomes the key to investment decisions.

Currently, the four-hour chart shows signs of pressure at the mid-track, and the downward rhythm is gradually becoming clear; thus, we can take the mid-track at 96500 as a key reference point for carefully planning short positions.

Bitcoin (Big Pie) trading strategy: decisively layout short positions in the 96000 - 96300 range, with an expected target towards 94000.

Ethereum (Auntie) trading idea: focus on short positions in the 3700 - 3710 range, with a target price set at 3550.