The overall volatility of Bitcoin at night has been operating near the lower point, showing a trend of consolidation and trying to test the support area below. The support at 92000-90000 is still very strong and effective, consolidating and accumulating strength. After completing the bottom formation below, Bitcoin is very likely to welcome an increase, and the probability of a surge is very high.
From the 4-hour structure chart, the K-line pattern shows a continuous tug-of-war between bulls and bears, and the one-sided market has been greatly restricted. The support area is currently consolidating in a downward trend and is in the bottom formation stage, with the possibility of further testing the support. We are waiting for the bulls' momentum to increase. Market sentiment is overwhelmingly bullish, and Bitcoin is expected to return to a bull market. The evening operation is recommended to focus on the previous consolidation range for high short and low long operations.
Operation suggestion:
Bitcoin: Short at 94000-93600, target 91500.