Big pancake btc strategy: Similar to Ethereum, the main players are withdrawing, which is not beneficial for market prices. On Friday, a significant drop broke through the key support of 90000, where many supports above turned into resistance. Therefore, as it stands, the market will be tougher for long positions than short positions, unless there are favorable factors or significant capital inflows to stimulate it. Setting those aside, let's be practical, two strategies: using 90000 as a signal for long strength, if it faces pressure around 90000, then go short. It can be said that the area down to around 870 is smooth for shorting. If unexpected situations occur, and the market can stabilize above 90000, or if the upward momentum is strong enough, we can also look at the resistance around 92000 $BTC

BTC
BTCUSDT
90,239.4
-2.03%

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