$BTC Down to 88K three hours later recovered to 90K
But currently I personally think it's just the European and American market closing
Recently, it often plays out that the European and American market drops during opening hours
Then the Asian market rebounds during opening hours
Could it be that Asians prefer to buy the dip?
Since the US market closed, the most troublesome thing has been the lack of overall economic indicators
Everyone seems to be worried and scared
In the short term, I personally believe that as long as the price does not break and stabilize above 94K, we can expect a fluctuation in this range (88K-94K)
In this range, whether going long or short is not very appropriate
For me, the better choice is to patiently wait to see if it breaks below the range to look at 75K
Or whether it can stabilize and break through the 100K mark again after rising
Combining with the recent old whale selling, 100K seems to have transformed from strong support in the past to key resistance
The best way at this stage should be to wait with empty hands
Sigh, if only I hadn't been greedy and broken my own discipline in trading contracts
Right now, I could still have more bullets
But currently I personally think it's just the European and American market closing
Recently, it often plays out that the European and American market drops during opening hours
Then the Asian market rebounds during opening hours
Could it be that Asians prefer to buy the dip?
Since the US market closed, the most troublesome thing has been the lack of overall economic indicators
Everyone seems to be worried and scared
In the short term, I personally believe that as long as the price does not break and stabilize above 94K, we can expect a fluctuation in this range (88K-94K)
In this range, whether going long or short is not very appropriate
For me, the better choice is to patiently wait to see if it breaks below the range to look at 75K
Or whether it can stabilize and break through the 100K mark again after rising
Combining with the recent old whale selling, 100K seems to have transformed from strong support in the past to key resistance
The best way at this stage should be to wait with empty hands
Sigh, if only I hadn't been greedy and broken my own discipline in trading contracts
Right now, I could still have more bullets