LinsenBit
Recently, Bitcoin's daily chart has been relatively weak, with prices continuously retracing, forming a clear downtrend. It now seems to be in a pit, in a low-range consolidation phase. On the hourly chart, the price repeatedly tests the important level around 90,000: when it falls below, buying support lifts it up (support is effective); when it bounces up, it is quickly pushed down again (upward pressure is evident). This creates a tug-of-war situation.
The market is in a "post-decline consolidation period," with bulls and bears fighting around 90,000. In the short term, it may continue to f
View OriginalThe market is in a "post-decline consolidation period," with bulls and bears fighting around 90,000. In the short term, it may continue to f











