Recently, BTC surged to 94371.8 and briefly broke through the 94000 point mark before encountering selling pressure. Currently, it has rebounded to 94048.4. The chart shows that multiple major selling orders are concentrated at high levels, indicating an increased bearish sentiment in the market.
From the perspective of K-line structure, although there is a rebound momentum, we must be cautious of the impact brought by the main funds selling at high levels. Therefore, in the short term, domestic demand should focus on the effectiveness of the support at 93000 points below.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.
