Since Bitcoin hit the 100,000 mark last week but did not break through and went back, more and more people in the market are talking about the waterfall. The more it rises, the more it falls is the current thinking of many people. What I want to say is that many people still don’t understand the definition of a "bull" market, so I have been explaining in recent posts that there is no possibility of a deep correction at present. Bitcoin maintains a high level above 9W, and a correction of 5K points is almost the same, which is also a relatively normal trend.
Personally, I think that after the oscillation adjustment, the price of the currency will still give an upward breakthrough action, at least the 100,000 mark will be broken. If Bitcoin falls slightly after a new high, then the cottage collectively cry. The current market situation is very painful. Wall Street funds only buy big cakes, and American retail investors only buy on-chain MEME. The cottages at the middle level are temporarily abandoned by the market.
Let me briefly talk about my personal opinion. Combined with the hourly chart, it has retreated several times and started a steady rebound above the low point of 95800. In the morning, it broke through the low point of 97000 last weekend. In the short term, it will rebound and correct first, reconfirm the upper resistance, and pay attention to the resistance suppression between 99000-99500.
Friends who hold Duodan should wait patiently for the market to rise in the future. After the market, they can combine the intraday resistance to short and short and look at the shock correction. Finally, I wish you all the best! ! !
