Tuesday evening, the wind direction of Bitcoin has changed, heading straight for 90,000!
Yesterday, the analysis from the day before was beyond my expectations; the anticipated 100,000 never arrived and instead, we are continuously breaking through the lower limits. The information was not updated in time, and I must admit my mistakes; I must stand firm when facing criticism! Here, I apologize to all my supportive fans and friends!
Back to the main topic, up until now, the Bitcoin market has broken the trend of high volatility, and the wind direction has changed. From the four-hour chart, the K-line shows a continuous downward trend. I have always emphasized that one must act in accordance with the market trends; going against the wind will make it extremely difficult! Currently, Bitcoin is slowly declining while seeking new resistance points! Today, it is expected to continuously test the lower levels until a new support point is found! Ethereum is also affected and shows a downward trend!
BTC Short-term: 91,000-91,500 sell target 89,000-88,000
ETH Short-term: 3,280-3,260 sell target 3,200-3,220
If you don't understand the market and cannot identify the trends, trust Chen Bing!