BTC fluctuates and builds momentum, is the short-term adjustment a bull trap?
Yesterday's BTC movement indicates that there may be some pullback pressure in the short term, with around $93,000 becoming initial support. The MACD indicator shows that the short-term is still in an adjustment cycle, with bearish strength slightly active.
However, it is worth noting that the overall trend remains firmly in the bullish camp, and the adjustment seems more like a buildup of strength for the next sprint. Market sentiment is swinging, and both bulls and bears are engaging in a battle at key points—will it be a buildup for a rise after the pullback, or is a deep adjustment brewing?
The wind is approaching, who will control the direction? Share your thoughts in the comments!
