#BTC The market dropped this morning, reaching a low near 89200 and has now rebounded. The direction is still uncertain for tonight's trend. The high point of the small range is 90500, and if it goes up, watch the 91500 level. The low point is 89000; if it breaks here, look for the 88000 level.
Currently, the overall market is still relatively weak. If no direction emerges tonight, we will have to look to tomorrow, Friday, which is quite critical. If Bitcoin can hold above 88000, then the weekend might see some consolidation, lingering around 90000, but next week will be hard to predict.
Those who listened to the live broadcast yesterday might have been shorting Bitcoin and Ethereum at high levels. The recent strategy has been profitable for those who kept up.
For those looking to short Bitcoin, you can consider entering in batches around the 91500-92500 range, with a stop loss if it breaks 93500. Short positions can be closed around 89000-88000.