#BTC #币安Alpha项目公布

Good morning everyone! Did you not sleep all night? Bitcoin plunged 7000 points, and there are groups of people facing liquidation again.

Let's take a look at the Bitcoin trend this morning.

Morning Bitcoin market analysis

Review of price movements in the early morning: After a sharp drop to a low of 95700, Bitcoin slightly rebounded to 98500 before dropping again to the current price of 97400!

Morning market trend viewpoint: Bitcoin is in a horizontal consolidation phase, with a consolidation range of 98300--96162. Currently, it is experiencing a technical pullback after failing to stabilize above 98000. Bitcoin will undergo small range fluctuations with decreasing volume; if it cannot stabilize above 98000 for a long time, there is a trend for another drop. Be aware that 98720 above is a resistance level for the price increase!