Last night's analysis showed that the big coin encountered resistance at 94,300 and 95,000, reaching a high of 94,700. The risk-reward ratio tells us that it is unwise to enter rashly at the peaks, and blindly chasing shorts at the lows also lacks logic. Meanwhile, the important support levels at 91,500 and 90,000 have also been predicted, with a low of 90,800 reached.

Currently, the big coin shows signs of a rebound on the one-hour and two-hour charts, but the daily chart still indicates a retracement trend. A reversal on the daily chart requires at least a four-hour chart breakout above 95,000. Without such a breakout, we can only consider this a short-term rebound. At present, the key support level below is at 92,400. If the one-hour chart breaks below this point, this rebound will end, and the market may continue to probe lower, with the next support levels at 90,800 and 89,500.

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