#以太坊大户持仓变化 Wednesday's market movement for Bitcoin has been really tumultuous, with wide-range oscillations and a tug-of-war, and it has retested the support level.
Good morning everyone, I am Du Jingsheng. Yesterday's rhythm was like this — a slow decline in the morning, then gaining momentum in the evening, and finally a rollercoaster in the early hours, hitting the bottom and then bouncing back. Currently, it has retested the 92600 level, and neither bulls nor bears are showing sustained action. Yesterday morning, I provided a short entry opportunity, and the evening rally also yielded some profits — this is the typical short-term tug-of-war rhythm. Overall, the trend remains bullish, and we continue to maintain a low-buying approach.
From the daily chart perspective, $BTC has been consolidating within a range recently, showing signs of bottoming out. After five consecutive bullish days, it retested for correction, and you can really feel the market's desire to break above the upper boundary of the range, but the strength is still lacking — currently, there's a slight short-term pullback with insufficient momentum and no significant continuation. This precisely indicates that this retest is to gather strength for a potential surge. Therefore, our main logic remains unchanged — continue to look for bullish opportunities.
Suggestion: On Monday morning, consider going long in the $BTC 92000-91600 range, targeting the 94000-95000 level, with a stop loss at 91000.
Disclaimer: The above is only personal analysis and opinions. Welcome everyone to discuss and exchange ideas! Reminder: Investment involves risks; please trade cautiously.