Will Bitcoin's US stock market morning closing trend dip or continue to break through resistance levels?

The current trend of Bitcoin is very important, with fluctuations in the 930-940 range, and the market-making mode has begun.

Are many retail investors now feeling like it's time to buy the dip? I advise everyone not to pay attention to the guesses in the market, such as whether it will retrace to 80000-88000, and then say it will rally to 11000. Don't follow the trend just because of a single statement! The market is determined by technical analysis and market movements, not by guesses. Just like last week, many said that by New Year's Day it would reach 80000, and what happened in the end? Always remember the 80/20 rule in the market, and do not blindly engage in long and short battles.

Currently, whether you are long or short, if there's a profit, you can exit. The market's retracement or rebound happens in an instant; you can reduce your position or gamble with a break-even stop loss, but do not let profits go unrealized and end up being trapped.

From the four-hour level of Bitcoin, it is still following a downward trend. For short positions, we are now focused on the low point of 91500. If it breaks below this, it may test the 90000 level, but it is not advisable to use your own perspective for medium to long-term positions as your profits may likely be given back or you could get trapped.

During the day, it rebounded after retracing to 928. The short-term market hasn't shown much volatility. Bitcoin is currently up near 93800. If entering a short position, consider the 940-945 range, and still maintain good position control and risk management. This month's short position has also started strong with a gain of 1000 points. Now waiting for a suitable entry point to position! If you feel you have no strategy, no direction, and can’t hold a position, you can contact 901. This month’s swing will combine with medium to long-term layouts to initiate $BTC .