We review the market, Bitcoin continued its evening trend in the early morning, contesting around 93500, with shorts reducing volume and slowing down to create a false sell-off situation. Then, there was a sudden drop between three and four o'clock, subtly forming a stop-loss and enticing buyers. After breaking the 91500 support, it encountered resistance at 91250 and rebounded. After the US stock market halted, Bitcoin contested around 91500.
Today's morning session was unusual, showing no signs of recovery, with both sides making false spikes to confuse the market. By lunchtime, it crashed to around 8900. A delayed recovery arrived in the afternoon.
Xiao Kang activated the left-side bullish entry at 9150/9230 in the morning, holding positions until 8900. Sticking to the direction without wavering. Firmly bullish.
At the time of breaking 90,000, Ethereum simultaneously broke 3000.
A large number of shorts have increased their positions after breaking, their path has narrowed.
Bloodied chips are hard to pick up; now the tides have turned.
The evening liquidation targeting shorts has already arrived.
Today, other indicators are meaningless.
We default to expecting eight consecutive positive hours.
The Bitcoin direction remains unchanged, looking up to around 9600. If it breaks, it could reach 9700.
Bitcoin's current price around 3050 could be bought, looking up to 3120.