Market Analysis:
After a week of continuous rise, Bitcoin has started a significant downward correction, failing to stabilize above 100,000. From the 4-hour perspective, the Bollinger Bands are opening downwards, with the price operating between the middle and lower bands. Currently, the market is in a low-level consolidation, and it is not advisable to blindly chase short positions. If there is a continued pullback breaking below 96,000, it is highly likely to reach around 94,500.
Operational Strategy:
A good hunter must be patient, watch more and act less. There is support near 94,700-94,500, with resistance above around 97,300-97,500. It’s advisable to gradually build long positions at important support levels, strictly implementing take profit and stop loss strategies.
#BTC
Altcoins to pay attention to:
sui ena doge uni bnb pepe ens eth sol lpt aave link