BTC actually doesn't have much to analyze, last time I judged there would be a wave of decline, and now it has basically been realized as expected, having broken the support zone of 89,000-90,000 USD, directly dipped to around 87,000. The current pattern is still an ascending wedge, which is a clear bearish signal.

Next, there will be a small-level rebound, but it's highly likely that after the rebound ends, it will continue to decline, the overall trend is very weak. I have basically judged the recent trends correctly, you can look back at my analyses in the past few days. The expected high point for the small-level rebound is in the range of 90,500-91,000 USD, I suggest placing orders around 90,550 USD if you want to short, if filled, it will be relatively stable. If it drops again, it might go near the last major crash low point.

If this ascending wedge pattern completes, the target is roughly in the range of 80,000-75,000 USD. Recently, there hasn't been any positive news to drive a strong rebound, this month is likely to continue to oscillate downwards. Unless it can stabilize above 93,000 USD, any rebound would be a great shorting opportunity, with a very high cost-performance ratio. #加密市场观察