Oscillation range

Today, the financial market seems to be shrouded in volatility and turmoil. With the changing landscape of the global economy, the fluctuations in the market have intensified, making every movement in the market particularly significant. In this seemingly unstable atmosphere, we need to respond cautiously and remember one principle - Wednesday, excessive fluctuations, do not chase a one-sided trend. $BTC $ETH

When the market oscillates back and forth, chasing a one-sided trend often leads to impulsive decisions and mistakes. Bitcoin frequently experiences sharp spikes, and during this process of back-and-forth movement, we can clearly feel the unpredictable changes in the market.

In the early trading hours of Bitcoin today, the market once again saw a surge, reaching the 96700 area. In such a market environment, we should treat every trading decision with greater caution. Although recent negative news has added pressure to the overall background, today’s operational strategy still relies on range pressure for short positions, considering support levels after a pullback.

In the face of alternating market pressures and supports, we must assess the situation wisely and make informed decisions. Based on the current market trend analysis, resistance mainly concentrates around the 97500-98500 area, while support is located at 93500. In such wide-ranging oscillations, the market shows a pattern of first declining and then rising. Therefore, it is recommended to short around 96500 initially. The target is to see 95000—94000!

In summary, the current market environment requires us to maintain a high level of vigilance and calm analysis. The above suggestions are for reference only! #bnb创历史新高 #RWA板块普涨 #微策略持续增持BTC #微软比特币投资投票案 #微软比特币投资投票案