$BTC Is the bull market over?
In the past 24 hours, the entire market has been sharply declining, with Bitcoin dropping below 92000. Looking at the current funding rates, there is still potential for further decline, possibly breaking below the 90000 mark.
The lower side is expected to continue testing the daily Bollinger band middle support at 89500-90000, but in the evening, don't rush to short or even go long. You can wait for the US market to open before positioning yourself. This pullback should not be treated as a reversal; the overall daily trend is still upward, and for the pullback conversion point, we will first look at 90000!
I will notify you of specific entry points for long positions. Brothers who want to know can find me at night!
