After a round of decline in the afternoon, the price of Bitcoin fell below 95,000. After the lowest point reached 94,646, the market did not continue to decline. Then there was a round of rapid rise and the price reached 97,544 and fell under pressure. This is the trend of Black Friday. The long and short positions were obviously washed back and forth, but the overall style remained unchanged. The trend is still under pressure and falling, so the bearish outlook remains unchanged at night!
From the 4-hour chart, the overall market will still rebound, but the sustained rise is a bit uncertain and difficult. During this period, the price of the currency has been a roller coaster market. There is no opportunity for mid-term speculation. It can only be based on swing trading. The unilateral signs have not yet formed, and the back-and-forth tug-of-war is more obvious. The trend of wide-ranging box fluctuations, try to keep one direction as much as possible, but the shorts are still more dominant in the general direction, so it is still bearish!
In terms of Bitcoin night operations, Lin Kun personally recommends shorting when the price rebounds to 96850-97350, with the target at 95000-94500! #2025加密趋势预测 #GMT热度飙升 #币安Alpha公布第8批项目 #FlokiETP流动性提案通过 #加密市场调整 $BTC $ETH $XRP