Last night, BTC experienced a flash drop, quickly breaking below the 1-hour Bollinger Bands and parallel channel support. It is currently pulling back to the midline for confirmation.
The long-term downward channel structure remains intact. In the short term, it's suitable to try short positions with tight stop-losses, while closely monitoring the effectiveness of support at the 90,000 level.
Consider shorting BTC around the 92,500-93,000 area, with downside targets at 91,000-90,000.
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Last night, BTC experienced a flash drop, quickly breaking below the 1-hour Bollinger Bands and parallel channel support. It is currently pulling back to the midline for confirmation.
The long-term downward channel structure remains intact. In the short term, it's suitable to try short positions with tight stop-losses, while closely monitoring the effectiveness of support at the 90,000 level.
Consider shorting BTC around the 92,500-93,000 area, with downside targets at 91,000-90,000.