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Mr. Know-it-all's operation indeed stirred up the market data, and the originally upward momentum was forcefully interrupted.
The technical aspect is currently at a delicate juncture—although the daily level has not yet breached the lower boundary of the ascending channel, the closing price has been unable to stabilize, much like a soccer match where the final kick is always off target, with both bulls and bears in a contest.
The key lies in the weekend closing battle: if the daily line can hold the current position at the close.
The market still has the opportunity to continue the rebound script;
#BTC #ETH
Once a valid breakdown occurs, the area around 92000 may become a target for bears.
However, retail investors don't need to bet on a black-and-white basis; the current position resembles a crossroads: aggressive investors can use small funds to bet on a short-term rebound, while conservative investors are advised to wait as bystanders until the technical patterns become clearer before taking action.
If you're really going to operate, you could place a light short position at the previous high level to test the waters, after all, the pressure from trapped orders at this level should not be underestimated.