Wednesday, a brief analysis of the evening trend for Bitcoin!

It has been mentioned before that during a bull market, significant pullbacks are common, and after a large-scale retracement, a strong rebound will inevitably follow! Currently, there is a certain need for price adjustment and consolidation.

At the moment, Bitcoin has shown a clear sign of recovery from a strong decline, with obvious signs of a stop in the downtrend. Although there are some short-term fluctuations, I personally still have a positive outlook for bulls to successfully reclaim the upward momentum, with a strong rebound bringing it back to the 100,000 mark!

In terms of morning trading strategy, we still maintain the view of a rebound unchanged, aiming for the 99,000 area as the target!