Personal Thoughts
Dropped below 93500, went down to 92000, but has rebounded to stabilize at 94500. However, looking at the 4-hour and 1-hour charts, there is still a downtrend. Both levels of the Bollinger Bands have strong resistance. Every breakthrough leads to a larger downtrend, so I speculate there will be another significant pullback, likely down to around 90500. However, it cannot drop below 90000 for this downtrend to be considered over, and only then can we expect a rise. It might be wise to set a stop-loss around 90000.
The altcoin hasn’t really followed the downtrend, so the opportunity to trade altcoins is back. Altcoins are not providing entry points, and I’m too lazy to check the charts, just didn’t look just now haha🫤
I am a somewhat lazy young lady.
All personal opinions, trading has risks, it’s best to consult more technical KOLs, haha. If $BTC is right, then I guess I was lucky.