Bitcoin (BTC) dipped to 90800 in the early morning, leading to a certain degree of divergence in short-term market sentiment.
Investors are faced with a dilemma: should they view it as a support level and remain bullish, or consider this just the beginning of a correction with prices likely to continue falling?
From the current overall market situation, it remains in a relatively strong pattern, and the extent of this pullback is not significant.
Previously, prices rose from 98800 before retracing and then falling to around 90800.
In the upcoming trends, this price range will likely experience multiple fluctuations, and investors' mindsets will continuously adjust back and forth.
However, it is crucial to note that only when prices strongly and quickly break below the key point of 90000 will the market open up new downward space.
As for the current operational situation, it seems that investors who previously went long have not achieved ideal returns. Given this, it may be more prudent to continue shorting during the pullback phase, though this also requires investors to closely monitor market dynamics and make decisions cautiously.
