Be cautious when buying the dip; the decline has not yet stopped, continue to short at midnight!

Good midnight! Today's Bitcoin high short given to everyone is perfectly aligned! The short from 96300 has currently dropped to a low of around 92900, easily securing 3000 points of bearish profit. Refusing that kind of vague high short and low long, clearly indicating where to short, and telling everyone which indicators to use for judgment, has truly been a delight!

Bitcoin's first support at 93700 has been broken. Next, pay attention to the support levels at 92200 and 90200. There are no plans for long positions at midnight, as I currently hold short positions and do not expect any significant rebound strength. If there are sudden news events or sharp price movements, then there's nothing more to say. Simply from an indicator perspective, there are currently no signs of a bottoming out, so there’s no talk of any significant rebounds.

After the daily K-line surged and fell back, it has broken through the upper and middle bands, now oscillating around the lower band support. The Bollinger Bands are widening, and the lower band is beginning to trend downwards; breaking below it is just a matter of time. MACD continues to release bearish energy, and KDJ has crossed downwards and is moving lower. On the 4-hour level, the price has already broken below the lower band support, with MACD's bearish energy increasing, and KDJ crossing downwards. Currently, there are no signs of a bottoming out. The hourly chart is the same; the bearish sentiment is strong.

In summary, for those holding short positions above 96000, continue to hold and look towards 92200 and 90200. If you have no short positions, you can only wait for a rebound; there are currently no plans for long positions, and there are no reasons to go long! For short positions during a rebound, you can still refer to the 4-hour Bollinger middle band resistance near 96500, followed by upper resistance at 97700 and 99700; these are all levels that bulls must break through to rise!