Last Friday we indicated that Bitcoin would retreat at 98500, today it touched a low of around 95700, a decline of nearly 2800 points. However, it has bounced back above 97000 now. The current market is not overly strong, still in a fluctuation pattern, and not extremely weak either. Just like this time looking for a pullback, it won't drop straight to 95000 or even 94000 as some people think. Therefore, we should respond according to the fluctuation range, and those with positions should reduce them accordingly, ensuring profits are secured.

Currently, in the short term, the market is still characterized by back-and-forth movements. The key is to pay attention to structural resistance and breakthroughs; the high points in the short term have not effectively broken through. Thus, in the short term, we still revolve around consolidating within the range. At present, the extension of this wave of increases still requires attention to the breakthrough situation around 98500-99000. If it cannot effectively break and stabilize, we will maintain our view within the range. Operationally, we should focus on short positions, looking for a pullback of 1500-2000 points before going long again.

Morning BTC short-term operation: rebound in the 98700-98000 area, target at 95700-94000!

The state is quite significant, the winning streak continues, if you can't determine bullish or bearish, stick to your thoughts and walk alongside each other! Let's create brilliance again! #比特币打破感恩节魔咒 #市场回暖新机遇 #以太坊时刻到来？