Yesterday was yet another day of consecutive declines, which was indeed a tough day for the bulls. The price fell from 97,000 all the way down to 92,500, with a decline of 4,500 points. However, fortunately, there were opportunities for the bulls to breathe in between, as each wave of decline was accompanied by some rebound space. Although this rebound space is not large, it is enough for the bulls to hold on.
From the 4-hour chart, after the K-line faced pressure from above, it plummeted nearly 10,000 points like a flood, ultimately dipping to the position of 92,500, leaving a long shadow. It is worth noting that the support near 92,000 remains strong, and the bullish energy bars are starting to expand, indicating that the bulls' counterattack is about to begin. In terms of operational strategy, it is still advisable to maintain a bullish outlook.
Specific operational advice: When Bitcoin pulls back to the range of 94,400 - 94,000, consider going long, with target prices looking at 97,000 - 98,000. #BTC #ETH #加密市场回调 #币安Alpha上新 #DeFAI热点