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BTC has fallen back into a weak trend. The previous judgment remains the same—without breaking through the 94,500 level, the bottom oscillation will continue endlessly. The profit-taking and selling wave from 83,300 to 87,000 should have been secured around 94,500.
But the problem is, there is a lack of enough news to drive buying. From a technical perspective, it’s most likely to move downward. It has now returned to the 90,500-94,500 range for repeated testing, just as previously predicted.
To be honest, the trading opportunity the night before last was right in front of us—taking profits on long positions at high levels, then switching to short positions—that rhythm was really comfortable. In the end, I missed it, but there’s no regret. That’s how the market is; what’s meant to come will come.
The current focus is still on whether we can effectively break through this range. If not, it will continue to oscillate, which is the most probable scenario.