The opening of the US stock market in the evening did not push the bulls too much. The highest rise was blocked at 98300. The price of the currency was also weak. Affected by the news, the price of the currency also plummeted and continued to fall. The current market has fallen back to around 94200.

In the short term, the price of the currency fell back and stopped. The K-line was positive, basically recovering most of the decline last night, but the strength was still lacking. The pressure returned to the 98000 line yesterday.

It is expected that the market will continue to explore and may approach the previous support level again. At this stage, the market may fluctuate around this support level.

In terms of operation, it is recommended to short the price of Bitcoin near 97200-97700, defend above 98500, and target 93000