Just took a look at the trend of Bitcoin, it broke below the previously mentioned purple zone yesterday, which is quite important. After breaking below, I think it won't be easy to pull back.
Currently, Bitcoin is testing the minor resistance level of 96200. If it can't hold above this level, Bitcoin will face a new round of decline. We can open a short position at the current price, setting the stop loss at 96800 and take profit near the support at 93000.
