Bitcoin has risen to 95,000, and then the altcoins including Ethereum not only did not rise but also kept plugging downwards. This market situation has sucked BTC's blood.
Bitcoin's short-term support is around 92,000, and the extreme support is 90,000. If it remains above 90,000, the bullish trend will be there. If the closing price is lower than 90,000, the trend will face a big correction. Just remember this key point. It has been posted many times. This is why we always have a higher winning rate in the band above 90,000.
Last time in mid-October, we analyzed and bottomed out with 2U precise points of Hat Dog WIF. This time the support has been raised, probably in the range of 3 to 3.2u (only spot, contract altcoins are horrible), and the pressure level is still around 4U. If someone asks what about the extreme point of Hat Dog, if it can't hold above 3U, it will be 2.3U, but I think it is almost difficult to plug to 2.3U without a particularly big negative. Even if it is later, it may hit a high point again and then to the extreme point, but at that time it may be a long trend. #WIF