Today's pullback was expected, after all, the upward close in the morning is not a good sign. The midnight analysis mentioned that there is strong resistance around the 99800 level. The breakthrough touched the $100,000 mark but did not form an effective breakthrough. The earlier suggested short position also successfully reached the stop loss level, and this significant deep pullback indeed requires a strategy. To fully grasp the gameplay of the market, you need to be more adept.
The market is often like this, requiring constant attention. Returning to market data, we need to pay attention to the resistance around the 96600 level above, and the support around 93500 below. It is expected that the price will come back to the previous wave.
I personally believe that the rebound of the asset at 95500-95800 can continue to be taken, with a focus on the 94000-94300 area first, and if it is strong, it can be seen around 93500. The rebound at 3385-3410 for the alternative asset can look towards 3325-3290.
The market sentiment is very clear; just go along with it. There’s always a share to be had, and within the range, it is advisable to play it safe.
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