Bitcoin has undergone a period of consolidation over the weekend, with a mild upward trend emerging on Sunday. From a technical perspective, the probability of further gains is relatively high, but my stance remains bullish without chasing highs. As a long-term short-term trader, I choose to wait patiently. The immediate target is around 88,800 — this is not only an important previous resistance level but also a clear technical obstacle, and the psychological level associated with this number is worth noting. Once BTC hits this price intraday, I will moderately establish short positions; this is my trading plan. In the short term, the likelihood of upward movement is greater, but the risk of a pullback from high levels should also be carefully watched.
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GetRichLeek
· 9h ago
88800, this critical resistance level really can't hold. I've already taken a screenshot and issued a warning in the group, waiting to see how the big players will play with this psychological price point.
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RugDocScientist
· 9h ago
88800 is indeed a tough level to break through, but there are too many people chasing the high now, so I will continue to hold my position.
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OneBlockAtATime
· 9h ago
88800 is really stuck at this point, just waiting for it to break through.
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MetaverseVagabond
· 9h ago
88800 is indeed a point where bears should be waiting and watching.
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FreeMinter
· 9h ago
The 88,800 level is really holding tightly; it all depends on whether it can withstand the pressure.
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ChainProspector
· 10h ago
I'm also watching that key level at 88,800. If it really breaks through, be careful; the pullback and rebound are equally fierce.
Bitcoin has undergone a period of consolidation over the weekend, with a mild upward trend emerging on Sunday. From a technical perspective, the probability of further gains is relatively high, but my stance remains bullish without chasing highs. As a long-term short-term trader, I choose to wait patiently. The immediate target is around 88,800 — this is not only an important previous resistance level but also a clear technical obstacle, and the psychological level associated with this number is worth noting. Once BTC hits this price intraday, I will moderately establish short positions; this is my trading plan. In the short term, the likelihood of upward movement is greater, but the risk of a pullback from high levels should also be carefully watched.