Last night, BTC once again experienced a sharp drop, with the price briefly nearing 95,000, delivering another painful blow to the bulls!
Looking at the daily candlestick chart, the key middle track support has been broken, and there is still plenty of downward space. A short-term rebound correction has occurred in the four-hour timeframe, but it does not change the long-term bearish trend. Therefore, the strategy for the future market is still to choose to short at high positions.
It is recommended to short around 96,500 on the rebound, add to the position at 97,000, and look for a drop of 1,000-2,000 points!
