Thursday, a new day has begun! After waking up from a sleep, the Bitcoin market has collapsed again, dropping significantly after a slight rebound to 104900, directly falling back to around 99900, a decline of nearly 5000 points. Currently, the market is fluctuating around 100000.
At present, Bitcoin is showing a fluctuating trend near 100000. From the four-hour structure chart, the K-line has touched the lower Bollinger Band, and there is still some resistance in this area. The daily structure's pullback is not enough to change the trend structure, but it may present some short-selling opportunities. Therefore, the short-term structure still leans towards a strong continuation trend. Although it has declined, it has stopped at a low point, and there is still a possibility of a further rise in the short term. All current pullbacks are viewed as corrections in the bullish upward process. #加密市场狂欢 #加密市场回调 #币安HODLer空投CAT、PENGU
Bitcoin is focused on 99500-99700 for buying, looking at 103000.
Ethereum is focused on 3645-3665 for buying, looking at 3800.