News can make people double their investment in an instant, but faith can carry you through an entire cycle. True gains are not in the moment in front of the screen, but in every dark night you persevere. A bear market? That’s not the end, but a long letter written for those with patience; a bull market? Not the end either, but a reward for those who continuously enhance their understanding.



Since early morning, Bitcoin has been experiencing wide-range fluctuations, with intraday volatility gradually narrowing, and the price oscillating around the 87,600 level. The entire fluctuation range has already shifted downward significantly compared to previous periods.

From the daily chart perspective, the situation is a bit tricky. The price has failed to stabilize above the 88,000 level after several rebounds, each time being pushed back down. The Bollinger Bands are opening downward, and the moving average shows a bearish alignment, with the five-day attack line already sliding toward 90,000, creating resistance. If there is no decent rebound today, there is a risk of further downside.

Overall, technical indicators lean towards bearishness, and trading volume is increasing. Based on this assessment, the suggested trading strategy for today is: mainly short on rebounds, with long positions on dips, while closely monitoring key levels for potential breakthroughs.

Specific trading suggestions:
- Short Bitcoin around 88,000, targeting 85,000
- Short Ethereum around 2,970, targeting 2,700
BTC0.52%
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TokenStormvip
· 18h ago
88000 didn't hold, this time it's really a bit uncertain... The moment the Bollinger Bands opened downward, I knew today wouldn't be easy It's another rebound to short situation, always so exciting, betting on whether I react quickly or the market reverses, it all depends on who has a stronger mentality Writing a long letter in a bear market? I think it's more like writing a cut-loss order, but on the other hand, there are indeed patient people bottom-fishing, as for me... I'm still debating whether to add a short position On-chain data shows frequent whale activity recently, it feels like a storm is brewing. Is it a trap to lure shorts or is it a real dip... that's the most tormenting part Whether the 85000 level breaks or not is the key. If it breaks, it's over; if it doesn't... well, let's keep betting.
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ApyWhisperervip
· 18h ago
A bear market is just a period of cultivation. The ones who truly make money are never those chasing the hot trends, but those who can stay calm. We need to break through this 88,000 barrier. If we don't rebound today, it will be dangerous this afternoon.
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ContractTearjerkervip
· 18h ago
Sounds good, but you still have to buy the dip to turn things around. The bear market tests who has the strongest mental resilience.
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WhaleMinionvip
· 18h ago
Faith is well articulated here, but for now, we still need to watch the market. Breaking below 88,000 is really a tough challenge.
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