#数字货币市场回调 Bitcoin's fall today has made the entire crypto market sweat.

In the early session, it remained stable at a high of 92000, but in the afternoon, it experienced a rapid plunge—90000 couldn't hold, 88000 was instantly breached, and 86000 also couldn't stop it, testing a low of 84756. The price is now fluctuating around 85300, with a daily fall of 6.61%, evaporating over 6000 points in just one day.

From the 4-hour candlestick chart, there have been two consecutive large bearish candles. After the price fell below the MA7 short-term moving average, the MA25 mid-term support line is also in jeopardy. Last week it just touched the upper Bollinger Band and was knocked down, and now the focus is continuously shifting downwards, with the support level of the Bollinger Band middle line right in front. If the position of 85000 cannot be held tonight, 84000 is also likely to be lost, at which point a test of the integer level of 80000 may be necessary.

In short-term strategies, aggressive traders may consider attempting to short with a light position near 86500, with an initial target at 84500. However, if 84000 is effectively broken, the depth of this round of correction may exceed expectations. Remember to control your position and set stop-losses. $BTC $ETH