I've been following this wave of Bitcoin's rise, but the situation has completely changed after the retracement. The technical indicators have already signaled a breakdown, honestly a bit frustrating😪



My stop-loss order was set long ago. I opened a long position at $90K and exited at $88K. Now I have no position and am just observing the market trend👀

Although the stop-loss from $90K to $88K isn't too deep, this breakdown signal is significant. From the four-hour chart, the previous upward channel has been broken, and continuing to hold the position at this point carries considerable risk. The market needs a clearer direction confirmation.

The performance of ETH and MSTR is also worth paying attention to—they often reflect institutional fund movements. The key now is whether Bitcoin can hold the $88K support or continue to decline to find a new pressure level.

The best strategy right now is to wait until the next clear trading signal appears. What are your thoughts on the future market?
BTC0.46%
ETH-0.17%
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TokenDustCollectorvip
· 21h ago
Breaking below support is just breaking below support. Anyway, I already cut my losses long ago. I just feel a bit unwilling that I didn't catch the tail end of this rally. Now, let's see if ETH will follow suit and dip further—that would be a real trap.
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IfIWereOnChainvip
· 12-15 20:16
Breaking through is breaking through; timely stop-loss is the key. Compared to those who stubbornly hold on, I give full marks for your operation.
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SolidityStrugglervip
· 12-15 20:14
Breaking through is just breaking through, anyway, the stop-loss was set early, which is the correct attitude. Compared to those who stubbornly hold on, it's much smarter.
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CountdownToBrokevip
· 12-15 20:12
Breaking through is just breaking through, anyway I already got out early. Whether we can hold the $88K level remains to be seen.
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ChainMaskedRidervip
· 12-15 19:59
Once the 88K support is broken, we need to find the next one. This wave is a bit dull. ETH and MSTR haven't caught up; it seems institutions are also observing. Let's wait for signals. Anyway, the cut has already been made. Now it's just a matter of seeing who can identify the direction first.
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RebaseVictimvip
· 12-15 19:57
88k, if it breaks, it breaks. Anyway, right now it's all about betting on the next signal. Rather than obsessing over it, it's better to wait for institutional reactions. The movements on ETH should be more genuine than BTC.
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