Afternoon Market Analysis:

Bitcoin prices have once again plummeted dramatically, cascading like a waterfall, with the previously anticipated target prices of 97000 and 94000 successfully reached. Each prediction of market trends is a deep interpretation of the market and a commitment to its execution. Given the current trend, there is still room for further price declines, and just one K-line could break the 90000 barrier.

From the comparison of the closing price and the opening price, the closing price is higher than the opening price, but the trading volume shows a reduction trend. Looking at the MACD indicator, although the histogram is still in the positive range, its length continues to shorten, indicating that the bullish momentum is gradually weakening.

In terms of operational strategy, enter a short position at the 97000 price level, with a target price set at 93000. Once Bitcoin breaks below 93000, it is very likely to continue to probe down to 90000; we just need to patiently wait for further developments in the market.

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