#BTC走势 Just now, Bitcoin has fallen below $94,000, down 1.32% for the day.
After plummeting to $92,000 on Friday, Bitcoin quickly rebounded by $6,000, and after two days of consolidation between $96,000 and $98,000, it has fallen again, dropping below $94,000 today, currently rebounding a few hundred dollars in the short term.
At this point, the daily/4-hour/1-hour charts are all in a bearish arrangement. Whether Bitcoin will continue to drop below $92,000 to find stronger support, or if it will make a counter-trend reversal upwards at a nearby 4-hour second low, we will continue to monitor.
In the current downward trend, the $97,000 line serves as a defensive fortress in the short term. As prices move downwards, it is appropriate to adjust stop-loss levels downwards to protect profits. If the price does not meet expectations and starts to rise, one must not insist on increasing positions or raising stop-loss lines. $BTC