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Bitcoin has clearly fallen below the important psychological threshold of 100,000 USD, dipping to around 93,000 over the weekend. Although there has been a slight rebound, the strength is weak, and the overall structure shows a clear trend of oscillating downward.
Current market sentiment is leaning towards pessimism, with a severe lack of confidence among bulls. It is essential to remain clear-headed in operations, strictly prohibiting blind bottom-fishing, and rigorously preventing the risk of being trapped due to continued price declines.
Heavy pressure at 96500—97500, Rebound at these two positions, can enter short in batches, stop loss at 98200, targets 94500, 92000, 90000! $BTC