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#数字资产动态追踪 Wednesday morning, I wish everyone to keep the rhythm well and trade smoothly.
Bitcoin's recent trend hasn't shown anything too out of the ordinary. The bulls and bears have been tugging back and forth, but the price is stuck within a range, repeatedly testing the boundaries. Last night, the US stock market surged strongly, and $BTC also followed suit, soaring to 94,400. But it didn't take long before it plummeted straight down to around 91,200—this 3,000-point drop, if held firm, could turn into profit. Currently, the price has returned to around 92,500, with no clear intention of breaking through either the upper or lower levels.
From a technical chart perspective, the short-term bulls still have some momentum to push upward, but the resistance levels have been tested multiple times. Each rebound gets stuck there, making it hard to buy high at a good price. The entire market is a tug-of-war between bulls and bears, with the upper boundary unbreakable and the lower boundary unable to fall through. In this oscillating pattern, there's no need to pick sides. The current price is relatively high; instead of expecting a continuous rise, it's better to wait until it drops to support levels before taking action.
Today's trading strategy remains centered on range-bound operations: consider short positions when the rebound approaches the 93,000 level, targeting the 92,000 to 91,000 range below; if the price reaches that level and loses downward momentum, no longer continuing to drop, then reversing to go long can also catch the trend. Grasp the rhythm of oscillation, and profits will naturally follow.