In this round of Bitcoin pullback, I personally think that the position of 83800 will be a good support. Once it reaches there, it is likely to bounce back to around 93000 – looking at the daily chart volume, the support strength is still decent.

However, if it rises again to 93000 and fails to break through? Then we need to be cautious. It may head straight for 70000, so we have to be mentally prepared.

Conversely, if it can hold above 93500, then the situation will be different, and 98000 will not be a dream.

To be honest, the market is quite complicated right now. It's not as straightforward to judge as it was before; you need to monitor the market's real-time reactions and adjust your strategy flexibly.

BTC3.31%

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