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$BTC 2.14 Bitcoin price today:
Currently, the price of Bitcoin is above 96,000, and the retracement is quite significant, close to 78%, so I'm taking profit on the long positions I entered in the past two days. Although the retracement is a bit challenging mentally, overall, there is no major change in the structure. We are still in a range-bound channel, and this kind of oscillation may continue to move upwards after testing our mental resilience.
There are two possibilities next, one is that the retracement has ended, and the breakthrough will continue to rise; the other is that the unstable small-scale upward structure may continue to oscillate. If it returns to the lower channel, consider going long again; if it breaks through, a breakthrough order may be placed.