The large pancake has already outlined a triangle pattern on the 4-hour K-line level, with a turning point close at hand.

The key level of 93000 is now like a defensive line that must not be breached; once it is lost, the market will likely rush towards the previous low set on December 20.

If this previous low is also broken, the price could slide down to around 90000. But that being said, even if it does drop to this level, there isn’t much room below.

For spot traders, it might be a good idea to try buying in batches to catch the bottom; whereas for those using leverage, patience is still required.

After all, the weekly and monthly lines will close together the day after tomorrow, which is a key signal. Overall, the market in the first quarter is still worth looking forward to! #本周微策略是否继续增持BTC？ #加密ETF申请热潮涌现