Since yesterday afternoon, after the coin price touched a strong support level below, the coin price has continuously made a strong rebound. The coin price has once again held above 90,000. However, recently, long positions have been severely suppressed, leading to the market data's rebound not forming a strong counterattack. In the early hours of today, the coin price once again followed the previous trend and started to retrace. Currently, the coin price is running near 90,000 again. The retracement trend of the coin price has not completely ended yet. This week, the overall market data has not shown significant changes in the downward trend. The shared real-time strategy remains as precise as ever. Also, starting this evening, our live broadcast rhythm will resume, during which we will periodically provide various benefits to everyone.

Looking at the four-hour chart of Bitcoin, after the price continuously broke through previous lows, there was some rebound and repair. However, from the current market data, the price has not shown the momentum to break through the mid-track limit. After a consecutive bullish rebound and repair, it quickly formed a series of bearish candles that swallowed all the previous repair space. The liquidity in the current market data continues to decrease. Therefore, if there are no significant positive news events to stimulate the market in the future, the larger structure will still be a stable downward trend. In the short-term hourly chart, after the price broke through the upper track pressure with consecutive bullish candles, it quickly fell back down with a series of bearish candles near the lower track, forming a brief oversold condition. The market then provided a certain rebound repair again. From the current rhythm, the price rebound is not a trend change, but a technical repair after a significant pullback. The continuous downward movement of the Bollinger Bands also opens up channels for further continuation of the current price decline. The short-term view remains bearish, with a focus on the evening's US stock movements that could trigger a significant rebound repair in the market, suggesting a short position entry.
The big coin is short around 91400, pay attention to the area near 90000, the second coin is short around 3070, pay attention to the area near 2950.
#比特币行情观察