Bitcoin's recent trend shows typical range-bound oscillation, with several key price levels visible on the technical chart.



Looking upward, the 90500 to 91000 range has formed a clear resistance. If the price can break through this level, attention should then be paid to higher resistance levels. On the downside, focus on the support zone between 88000 and 87800. If the price breaks below 87900, the risk will increase.

From a trading perspective, there are two strategies to consider:

1. Bullish scenario — go long in the low range from 88200 to 88500, with a stop-loss set below 87900. If the market moves upward as expected, the levels at 89200, 89800, and 90000 are reasonable profit-taking points, allowing for partial exits.

2. Bearish scenario — if the price shows resistance at the high levels between 92000 and 92500, consider shorting. The stop-loss should be placed above 92800 to prevent a breakout, while take-profit targets can be set at 90000, 89800, and 89000 in stages.

Overall, this is a relatively mature technical framework, but specific operations should be combined with real-time trends and individual risk tolerance.
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GasFeeCryingvip
· 17h ago
Over 88,200 longs, if it doesn't break 87,900, there's a chance
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AirdropJunkievip
· 17h ago
I need to keep an eye on the 88500 level; it still feels a bit uncertain. It's another range-bound fluctuation. When will there be a big move? The explanation sounds convincing, but whether the actual trading can follow the pattern is another matter. Is the 90000 line too ideal? It feels like it gets stuck there every time. Is 87900 really the bottom? I have some doubts; it might drop further.
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tx_pending_forevervip
· 18h ago
Buying at 88200 sounds good, but I'm just worried that a sudden black swan event might break through 87900 directly, and at that point, I'll be completely wiped out.
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FlashLoanPrincevip
· 18h ago
88200 is really a sniping point, I am already ambushing.
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