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Bitcoin continues to face pressure, and the market remains in a state of "extreme fear."
The day after, Bitcoin dipped and rose back to around 93,800, but today it faced pressure and fell again, briefly breaking the 90,000 mark. It is currently maintaining adjustments around 91,500.
Currently, the market consensus is bearish, but Yingjie believes that we are in a low-level accumulation phase, and there is always the possibility of an upward explosive rebound. Therefore, while others greedily short, we still look for opportunities to buy, after all, it has fallen so much for so long.
As long as it does not fall below the 90,000 mark, bulls will have the opportunity to counterattack at any time, and the key to the future trend lies in tomorrow's Thursday "non-farm payroll report." Remember, when others are greedy, you should be fearful, and when others are fearful, you should be greedy. Opportunities are often brewed amidst big ups and downs...
For the evening US market, the pullback can still be caught.
Bitcoin: Look for opportunities to buy in the 90,000-90,808 range, targeting the 93,000-93,500 area.
Ether, targeting the 3030-3050 range for entry, aiming for around 3200, looking for a breakout. #BTC