No matter what, as long as the Bitcoin price does not break above the daily resistance zone of $94,000, I still firmly maintain a bearish medium-term outlook.

Currently, the key resistance point in the short to medium term is here, while the critical resistance in the medium term is around 107,000.

The downward trend depends on whether the resistance can be broken effectively, thereby indicating a trend reversal. Of course, this also depends on the cycle level.

This wave of decline still firmly supports the $70,000 level. It's not about an exact price but a price zone of support and resistance.

Furthermore, a medium-term wave trend of decline requires a complete release of bearish forces and a bottoming oscillation to prepare for a future trend reversal.

The decline is far from over. Want to "buy the dip"? Just be patient~

Today, I took the kids to the wild animal park all day, and only in the evening did I review and analyze the market. Currently, in this market, it’s enough to browse news for half an hour each morning and check the charts for half an hour. If you put in a little more effort, you can add another hour. In the evening, similar — covering most of the day’s situation. I also suggest everyone enjoy life more, step away from the market appropriately, and live each day well 🙂🙂🙂 #BTC