Bitcoin dipped to the support level last night, but quickly regained its ground and then touched the four-hour support level at 90600.
The four-hour level correction has been completed, followed by the start of a four-hour uptrend.
Currently, it has broken through the upper resistance level of 92000, and the next key resistance level to watch is 93400.
From a smaller timeframe perspective, the support levels are 91465 and 90600.
If these two support levels are broken, attention should be paid to the bottom support level of the four-hour consolidation area at 88763.
If this bottom support level of the consolidation area is also broken, the price will continue to decline, possibly falling to the levels of 86800 and 85261.
Trading ideas are as follows:
Consider going short near 93200, with a stop loss set at 93500;
You can lightly go short near 95000 - 96000, with a stop loss set at 96600;
Public account: Yunzi Public Community, no waste good skirt.
If the price breaks 100000, a three-fold leverage can be used for medium to long-term short operations at a 5% position. As for going long, you can make a short-term long operation at 85200, with a stop loss set at 84500.
