Bitcoin's price fell below the previous low and rebounded to 95,000, but then it 'painted a door' and dropped again, indicating significant selling pressure above.

In the morning, it stabilized around the 92,000 level, and as long as the entity support holds, these fluctuations can be considered invalid.

Currently, this false breakout level requires more caution for entry.

The morning's re-test actually reinforced the support at 92,000, so it might be worthwhile to look for buying opportunities relying on this support level in the short term.

Set the short-term rebound target in the range of 95,000 - 95,500, with primary support to watch around the previous low of 91,500.

If you want to delve deeper into the cryptocurrency world but can't find a clue and want to quickly understand information differences, whether it's contracts or spot trading, you can 👉 learn more in my profile #ATA涨势分析 #MicroStrategy增持BTC