Check today's Bitcoin core strategy. The market is experiencing repeated friction, making it difficult for both bulls and bears. Will it head to 90,000 or return to 100,000?
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$BTC Daily Analysis
The four-hour level has a low point of 93,500, which did not break the previous low. This is the third bottoming out in this round of decline. Can it stabilize and rebound?
Yesterday's decline was mainly linked to the U.S. stock market. The bullish main force has not yet returned from vacation, making it difficult for the crypto world to have an independent market in the short term. Overall, the market is quite lackluster, so don't think too much about the overall pattern.
From an overall perspective, view the range of 93,000-100,000 with a focus on buying the dip and not chasing highs easily.
Operation Suggestions:
Start positioning long positions around 93,500. If the four-hour closing line breaks below 93,000, exit. The risk-reward ratio is relatively high; right-side thinking can focus on stabilizing at 95,000 before following the trend to go long, with a target of 97,500.