1.9 Market Opinion

Last night at 8 PM, I posted a short article specifically reminding everyone that a storm is on the way, and there was another shot late at night; the trend is completely consistent with expectations.

For Bitcoin currently, you can pay attention to the upper range: 96000~97500, which is a significant resistance level at the moment. In daily operations, both long and short positions have opportunities, depending on whether you can grasp the rhythm.

BTC 90000~92500 is a support range below; the bulls won't let it easily break this level. The market is unpredictable; what we can do is follow the trend and trade in accordance with it, meaning we should go with this momentum.

Actually, what we need to think about now is, after this drop, where to buy the dip. It's hard to buy a bull's return; those who previously saw Bitcoin rise to 100,000 and couldn't hold back chasing the price up high, I wonder how they feel now, whether they have thrown this problem out of their minds.

Trading needs a plan; as the saying goes, plan your trades and trade your plans. Each plan should be prepared before trading, and then execute it according to your own plan.