In the afternoon, Bitcoin has also dropped from the high of around 97200 to around 96000. Our bearish outlook in the afternoon was also to take a small profit, after all, the price broke below 96000 twice but was resisted, so it is very clear that the bottom support at 96000 held. We manually took profit on our short position at 96200, nothing much to say, this market is still easy to grab short-term trades, and the strategy is effective. Following the trades mainly involves one-on-one real-time guidance, and adjusting to the market is crucial. Currently, the price is around 96700.
From the current trend, Bitcoin has repeatedly tested the bottom support level, and it has been resisted. The market sentiment has begun to shift from bearish to bullish, with bulls starting to quietly gain strength. The bears have not provided a significant breakdown due to their weak momentum, and their volume is about to end. This evening, we will still focus on the 96000 level. If it breaks down, we will look down further, but if it stabilizes, we will look for a pullback to enter long positions. $BTC $ETH #BIO开盘
Bitcoin strategy: Long around 96000-96300, target 98500
Ethereum strategy: Long around 3400-3430, target 3550