Today's early market analysis;
Bitcoin fell sharply last night, breaking through the 94500 range to a low of around 93600, then quickly rebounded back to around 96000, forming a V-shaped pattern. Now it has formed a long lower wick, indicating that the supporting funds below are sufficiently strong. The situation in South Korea has had a considerable impact on volatility in the crypto market; although there was some panic, the overall effect was minor. In fact, it has positively impacted major platform currencies, with BNB skyrocketing to set a new all-time high. The rise of BNB has also stimulated SOL, which is currently ranked fifth with a market cap of 112 billion. After BNB's rise, its market cap is now 108 billion. SOL's position in the top five is at risk unless it rises. Therefore, those who followed me to bottom-fish SOL should have made a profit. I recommend everyone to hold on. TRX also surged; Sun spent tens of millions to buy a banana, and such a move returned tenfold. Next, there's a piece of news that is likely to help Bitcoin's push to 100,000 USD, which is the resignation of SEC Chairman Gary Gensler. This news has not fully released yet, so Bitcoin is expected to continue its push towards 100,000, or even higher. Starting from this 95000 range, if it begins to attack by 10%, the first target is 104500. If it attacks by 15%, the second target is 109300. If it attacks by 20%, the third target is 114000. Therefore, you can consider getting in directly as there may be opportunities for bottom fishing. The 94500 range for Bitcoin is already stable, and the sharp drop has ended; it won’t go down to the 91500-92500 range unless there is some significantly bad news. Currently, there are three weeks left until Christmas, so there isn't much time left for the market manipulators to wash out positions. Thus, this week's volatility and adjustment is the best opportunity for everyone to get in. Get in, get in, get in.