After the early morning washout of long and short positions in Dapan, can the market continue its weak downward trend?

From the perspective of the market, after the significant drop last night, the coin price quickly rebounded to the support level of 91500, but unfortunately, it couldn't stabilize and fell back to around 91900. From a pure perspective of price fluctuation, the bulls seem to be slightly ahead, with a rise of 3500 points and a drop of 3100 points; I believe anyone can calculate that, right?

If you look closely, the upper resistance at 94500 was strongly broken, while the lower support at 91500 was not breached but has moved up to the 92000 area. Therefore, although the current trend is weak, it is not extremely weak; there is still a great chance for a rebound in the future. After all, no one could have predicted a washout trend like last night, and currently being at a low level of consolidation makes it somewhat unrealistic to chase shorts. If you can't control your hands, you might consider going long near the support area and look for bullish pressure.

That's all I have to say. It's the last day of 2024, and I sincerely wish everyone a good ending on this final day! $BTC $ETH $BNB #MicroStrategy增持BTC #GMT热度飙升 #加密ETF申请热潮涌现