Good morning on Wednesday, a brand new day!
Yesterday, after the US stock market opened, Tesla led the way down, causing all related stocks to fall sharply. The cryptocurrency market was heavily impacted, experiencing a significant pullback, reminiscent of a roller coaster ride. Major players took the opportunity to wash out the market, leading to widespread lamentation among both bulls and bears.
Yesterday, before the US stock market opened, we provided timely alerts, and after a small loss, we decisively reversed and entered the market again, which can be considered a small profit. Last night, I mentioned that breaking below 100,000 would mean 97,000; the lowest point at midnight was 96,100, which was still quite significant. At the same time, this round washed out the chips around 97,000, resulting in a one-sided market sentiment. There shouldn't be any large declines in the short term, so in the early stage, we continue to look for a rebound!
On Wednesday morning, Bitcoin's current price is around 96,800, directly going long, and adding positions near 96,000. We are initially targeting near 99,000, with a wave target of 102,000.