The market briefly dipped below the 93500 line at midnight. The short position that was laid out at the intraday high of 95145 yesterday also took profits, capturing nearly 1700 points of movement. The strategy at midnight indicated to pay attention to the gains and losses around 93500. As expected, the market broke below this level, and the bearish rebound showed some continuation. Currently, the market is also testing the support at 93000. The focus remains on the bottom support.

Looking at the short-term hourly chart, the market's pullback to 93000 did not produce a rebound. Although the price is under pressure to rise, the short-term trend has not changed. If the previously resistant 93500 is successfully breached, the next level will be the strong support at the bottom of 92000. The current market has not fallen below the 93,000 line, indicating strong bottom support, and the KDJ indicator lines show a convergence with a golden cross signal. The market still has some room for collection and payment. However, the current structure clearly shows a downward trend, so we will maintain a low long strategy. The upper pressure is between 95,000 and 96,000, with strong bottom support at 92,000. In the short term, we can operate based on the current support and pressure with high and low positions accordingly.

Bitcoin can be bought in the range of 92000-92500, targeting around 95000. Ethereum can be bought in the range of 3300-3325, targeting around 3420. $BTC #BTC上攻11万？ #加密市场调整