Yesterday, BTC experienced significant volatility, but the overall trend is bearish.

The current market is oscillating in the range of 92300-99500, and there is a high probability that the market will test the 92300 support again. Considering that the market has been generally sluggish over the weekend, it is advisable to wait and observe if the market drops to the 92300-93000 range, where long positions can be arranged.

But we must also be cautious with BTC!

The recent trend in the daily chart is actually a downward oscillation,

with the two-day rebound being countered by two days of decline, reflecting strong bearish sentiment in the market! The expectation for next week continues to be weak and bearish,

so the support in the 92300-93000 range can only be viewed as a short-term quick in-and-out; the market's true direction remains weak and bearish towards 90200.