Yesterday, BTC rebounded to the 107,146 level, and we perfectly welcomed the entry, currently gaining several thousand points.
On the daily chart, the price of Bitcoin is still in a wide range box oscillation pattern. When the price breaks through the trend line and continues above, the high point of yesterday's rebound faced resistance, pulling back 3,000 points. There are still signs of further pullback. As long as the four-hour closing is below the 104,000 midline, it will indicate a confirmed downward trend. We will then continue to watch the 102,000 support. If it breaks below, the market will return to the 90,000 range.
For those who haven't closed their shorts from yesterday, continue to hold. Those without positions can consider shorting in batches in the 104,500-104,800 area, targeting the 102,000 level. If it breaks, we will look below 100,000.
Those who are not afraid of debt collection are heroes; what is truly scary is being poor while in debt! There is no so-called correct bottom, nor is there an undeniably wrong top. People are always afraid to face the harsh ups and downs but cannot escape the sadness of being overwhelmed. I am not a fortune teller on the street, and I can't spout the nonsense you love to hear. Judging the problem with a single bottom call is a problem in itself. Anytime you enter the market, what follows is either a story or an accident. Many people enter your life just to teach you a lesson and then turn away. The ideal of a hen is just a handful of chaff; your original hope is merely to double it.
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