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In the past three days, BTC has risen strongly, breaking through ninety thousand, once reaching around the 94 position. Currently, it has also shown a significant reversal, with the 94 position being a key resistance level. For those looking to enter a position southward, this position is already a good time to start slowly entering a position! Continuous surges will lead to some appropriate pullbacks. There's no need to rush for now.
Currently, from a technical structure perspective, the resistance level above is around 94. The support below is at 87. Looking at the 4-hour chart, the large bullish candles continue to rise. Basically, there haven't been too many entry positions. This wave of cleansing is almost over, and there should be some degree of pullback adjustment in the next couple of days. However, the market sentiment is currently high, so we still need to follow the trend and continue to look upward.
BTC trading suggestion: Near 93500, go south
Target: 91500, if it breaks, continue to look down at #BTC# #ETH#