The midnight market once pulled back and broke below the 93500 line. The short position set up at the daily high of 95145 yesterday also successfully closed out with nearly 1700 points profit. The focus at midnight was to pay attention to the gains and losses around 93500. As expected, after breaking below, the rebound strength from the bears has shown some continuity, and the current market is also beginning to test the support at 93000. The key remains the bottom support.

From the short-term hourly chart, the market's pullback to 93000 did not lead to a rebound. Although the price is under pressure on the upside, the short-term trend has not changed. With the previously stubborn 93500 successfully taken down, the next strong support will be at the bottom of 92000. The current market has not broken below the 93,000 line, which also indicates that the bottom support is strong, and the KDJ indicator line shows signs of convergence with a golden cross. The market still has some room for collection and payment. The current structure clearly indicates a downward trend; in terms of operation, we will still maintain a low long strategy. The upper pressure is between 95,000 and 96,000, with strong bottom support at 92,000. In the short term, we can operate high on the current support and pressure and low on the long side accordingly.

Bitcoin can be bought between 92000-92500, targeting around 95000. Ethereum can be bought between 3300-3325, targeting around 3420. $BTC #BTC上攻11万？ #加密市场调整