In the evening, the price of Bitcoin reached around 91700, once again hitting our predetermined target. Short positions took profit again. Don't tell me there are still greedy people among you, because such people are insatiable, so it's normal for them to face liquidation. What we can do is to go with the trend in the crypto market, taking profits and setting stop losses are essential. Currently, the price has pulled back to above 94000, and since we exited our short positions, it naturally means entering long positions. There is currently nearly 600 points of space, and the price is now around 4000.
From the current market situation, Bitcoin has already rebounded from the bottom. As long as it stabilizes above 94000, there is a good chance that the price will recover lost ground during the early morning hours. Additionally, from the four-hour timeframe, it seems that the bearish volume should be coming to an end. It is clear that the bottom at 91500 has formed strong support, and during the early morning hours, we expect a short-term long position aiming for around 95800.
Bitcoin Strategy: Long around 93500-94000, target 95800
Ethereum Strategy: Long around 3280-3300, target 3400#比特币价格走势分析 $BTC $ETH