#BTC☀ Morning Analysis

At present, the daily trend of Bitcoin shows obvious stagflation. The attempt to break through $97,000 failed, and the market sentiment turned to decline. The market fluctuated violently, like a roller coaster, and the negative signal of the K-line was strong, indicating that the short-selling force was still dominant.

On the four-hour chart, the three lines of KDJ turned downward, and the current high-level shock appeared relatively weak. Although there was a rebound in the short term, it was still difficult to resist the pressure of the decline. Therefore, we should be cautious in operation, continue to pay attention to the market's decline, and avoid blindly chasing highs. The short-selling trend may continue. The market is volatile, so be cautious.

Operational suggestions:

It is recommended to short in the 96,200-97,200 range, with a target price of 94,800-93,000.