#BTC This technical pullback may be coming to an end. The Long Wick Candle tested the 93500 support level in the evening, indicating strong support below, and a short-term pump may be on the horizon.

From the daily chart perspective, since April, the main force has been consistently driving up the market and accumulating positions, showing no obvious signs of selling. This recent sharp decline is merely a technical pullback aimed at correcting the previously unhealthy rising trend. If the main force were to sell, they would certainly push it to a high level.

Operation suggestions

Short with light positions in the range of 94800-95000 for a rebound, targeting downward to 93600-93300, stop loss at 95600.

After a pullback to 93300-93600 with reduced volume stabilizing, go long, targeting first 94600-95000. If there is a volume breakthrough, then look at 96000, with a stop loss at 92700.