$BTC #BTC

Yesterday, the lowest price of Bitcoin reached approximately $91,500, nearing the strong support area mentioned earlier. Recently, market sentiment has remained sluggish, and after breaking through $100,000, Bitcoin has entered a short-term consolidation phase.

Trend Analysis: Although the smaller time frame trend continues to decline, the drop is relatively limited, and a rebound can be attempted when approaching the strong support range. It is recommended to pay attention to the support in the $90,500-$90,000 range below.

The short-term resistance level above is around $94,000, while also monitoring the previous rebound high at the $95,000 area.

Operational Suggestions: Currently, operations can be conducted according to the range-bound market, using a strategy of selling high and buying low. Today, pay attention to the $90,500-$90,000 range below, and the $94,000-$95,000 range above.