The Bitcoin market is experiencing increased volatility. Is the bullish strategy leading to a breakthrough of 90,000?
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If the market wants to break through 90,000, it only needs to oscillate in the range of 97,000 to 99,000, and quickly drop about 8,000 points with two large bearish candles.
If the Bitcoin price breaks through 100,000 (whether it touches 100,000 or stabilizes at 100,000, these are two different concepts), the bulls' operations will become more cautious, and the opportunities for shorting will increase, unless the price rises to 110,000.
Currently, the market's fluctuation range is about 1,000 points up and down. There may be situations that give bulls hope, even reaching 100,000 in the short term, but once the price breaks above 100,000, the bears will start placing orders, and the bulls may begin to enter the market.
Looking back at the market trend from a few days ago, the market maker benefited from both the bulls and bears through a strategy of rising and then crashing. Now the market maker's strategy is to prevent either side from gaining an advantage, thus reversing the situation and quickly liquidating the other side. Just like yesterday's trend, the market maker did not allow the bulls to place orders below 92,000, directly pushing the bears toward the liquidation point. This time, they will not allow the bears above to easily place orders either.
The most ideal operation is still to push down and break through 90,000; this is the best choice of the current strategy.
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