The market is really annoying and volatile, serious washout, not much to talk about technically, definitely do not chase highs or lows! Bitcoin midnight indicates a high short strategy at 96000 and 97000, still valid, those who shorted at 96000 can patiently hold. Pay attention to support at 95000, 94000, and 93000, and take profit in batches.
On the daily K-line, Bitcoin's Bollinger Bands are narrowing significantly, with the upper band pressure getting lower, currently mainly testing the middle band support. The MACD bearish energy bars continue to expand, KDJ has a dead cross pointing downwards. As mentioned at midnight, there is a possibility for a double bottom test, then testing the lower band around 90800 before pulling back up. If it goes down again this time, there is a high probability it will break below 90,000. For now, treat it as range-bound oscillation, with today's key focus on the support at 93000 and 94000, and whether yesterday's low of 93600 can be held.