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#数字货币市场回调 $BTC The developments over the past two days have been truly interesting.
On the 4-hour chart, after yesterday's sharp V-shaped rebound, the price reached 92,200 and then paused. The selling pressure in the 92,000 to 93,000 range is very heavy; every time the price touches this area, it gets pushed down, giving the impression of a recovery after a steep drop rather than a trend reversal. Currently, the intent to buy above 92,000 is clearly not strong; if this level is broken, it may have to test the middle area of the Bollinger Bands.
Switching to the daily chart for a clearer view—the downward channel pressure still hasn't eased, and the 92,000–93,000 wall has blocked many counterattack attempts. The current price is touching the lower line of the channel and there are no signs of a breakout with strong volume, so the previous correction rhythm is very likely to continue.
Possible strategy: try shorting around 91,800–92,100, add another order at 92,600, first target at 90,800; if broken, then target 89,000. Also, keep an eye on the correlation of $ETH .