2.6 Bitcoin market analysis: Bitcoin is still mainly waiting and watching, and the overall market is still in the consolidation stage (Bitcoin contract trading) Commander

What is the trend of Bitcoin today, Bitcoin prediction? 2.6 Bitcoin price today's market: Bitcoin is currently at around 96,000, and the overall market is still in the mid-term consolidation stage of the bull market. It will continue to move bullish after the consolidation is over. It had previously risen from 48,888 to 110,000, completing the first five-wave structure, and then entered a pullback. It can be basically confirmed that this five wave of rise has ended. As expected, this pullback is likely to reach around 80,000, and then the bull market will start again. The current consolidation time and range are not yet in place. In terms of time, it has only been 16 days, and the consolidation cycle must reach at least 20 days. In terms of range, it fell from 110,000 to 91,000, only 17%. Theoretically, the consolidation must exceed 18%. It is best to reach more than 20% to make a good time to deploy medium and long-term lines in batches. So 91,000 is not the bottom of this round of consolidation, and there will be a subsequent decline to confirm the real low. From a structural perspective, it is possible to form support around 96,000 at present, but the stop loss at this position is far away, so it is not recommended to go long rashly. If you step back to around 93,000, it will be a better long entry point and a stop loss will be easier to set. In addition, there may be two trading opportunities in the volatile market, one is to short selling near the trend line, and the other is to long selling after falling below 91,000. Overall, the wait-and-see position is still the main focus, and the short-term orders last night can be cancelled! I didn’t have 100,000 yuan, and I didn’t get it. The market was garbage during the day. I saw if there was any chance to do a short-term trading at night. I was patient and waited for a clearer opportunity. 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