Friday: Bitcoin, dominated by fluctuations, continue to pay attention to the range!

On Thursday, the market went through a cycle.

The price peaked at around 102538, seemingly trying to break through the upper resistance.

However, it ultimately failed to break out and retraced.

Currently, it is running below 10000.

With the support level broken,

The overall market today is relatively weak.

As the downward adjustment space opens up, the first focus today is on the support area at 98300.

Due to the previous significant decline, it is understandable that there would be some fluctuations during the rise.

Therefore, when the market shows such a correction, there is no need to be overly pessimistic about the bullish rise.

Just view the retracement as a normal corrective pullback or a selling pressure process during the rise.