At night, Bitcoin's overall volatility has been operating near the lower point, showing a consolidation trend, attempting to test the support area below. The support at 92000-90000 is still very strong and effective, with consolidation and absorption of buying power. After establishing a bottom, Bitcoin is very likely to see an increase, with a high probability of a rally.
From the 4-hour structure chart, the K-line pattern shows a continuous tug-of-war between bulls and bears, with a one-sided market being greatly restricted. The support area for the downward fluctuation is consolidating and is currently in the bottom-building phase, with the possibility of further testing of support, waiting for bullish momentum to increase. Market sentiment is overwhelmingly one-sided, and Bitcoin is expected to return to a bull market. Evening operations are recommended to focus on high short and low long operations around the previous consolidation range.
Operation Suggestions:
Bitcoin: Short at 94000-93600, target 91500.