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#数字资产代币化浪潮 Monday morning observation
$BTC This wave of correction is indeed significant, directly breaking through the psychological barrier of one hundred thousand USD, with a lowest spike down to around ninety-three thousand. These past few days, every time there is an attempt at a rebound, it gets smashed back down, and it is clear that the willingness of bulls to take over is very weak.
There may be a technical correction in the morning session, but don't expect it to go too far. From the perspective of volume and candlestick patterns, the overall trend is still a weak downward channel, and it is difficult to reverse the situation in the short term.
In the current volatile market that is weakening, I personally tend to favor a short position at higher levels. If it rebounds to around 95000, consider entering short in batches, with the first target at the support level of 92500; simultaneously, keep an eye on the resistance level at 3120, breaking below which we look at 3050.
Key reminder: At this stage, do not blindly chase the bottom; the price has not fully stabilized yet, and entering the market rashly can easily lead to getting stuck halfway up the mountain. Wait until the market truly stops falling before making a move.