Bitcoin, as promised the day before, was supposed to see 91000, but the lowest fell to around 90800, mainly due to the Federal Reserve adopting a hawkish stance, putting pressure on Bitcoin. In the end, as U.S. stocks collectively rose, Trump and Musk's combination joined the fray, leading to a surge in sentiment across the crypto space. Bitcoin rebounded after dipping and continued to rise throughout the day, but in the short term is under pressure around the 94000 USD mark.
Throughout the day, Bitcoin slowly rose, while Ethereum continued to show volatility, retreating each time it surged. Currently, support for Bitcoin needs to focus on around 92500. Next, we will look at the U.S. market and stock trends. If it can hold steady above 92500, Bitcoin will continue to maintain a slow upward trend and test the resistance at the 94000 mark; otherwise, it will continue to dip.
For the short positions in hand, decisions should be made based on the situation in the U.S. market. Currently, Ms. Ying still holds short positions, and if the situation is unfavorable, timely withdrawal is the best protection for the principal!