Every dip is an opportunity to buy, and every panic is a test of faith. Time rewards long-term thinkers, and compound interest will break through all short-term fluctuations. This morning, Bitcoin remains in a narrow range between 89,300 and 90,500, with overall volatility converging. The bulls failed to sustain the previous upward momentum; after testing the 90,500 resistance level, it pulled back without a clear breakout, showing a pattern of “weak attempts to push higher and oscillating under pressure.”
Today’s market presents a typical bearish dominance pattern, with the core strategy of “shorting on rallies” proving highly effective. The price repeatedly rebounded to the key resistance zone of 90,000-91,000 but encountered resistance and fell back, forming a clear downward trend. Although there was some fluctuation during the session, the overall structure remained bearish, with weak rebounds and smooth declines. We adhere to our strategy, neither chasing the highs nor bottom-fishing, only taking action near clear resistance levels, and the market’s movements ultimately confirmed our judgment. This once again proves: understanding the direction, strictly following discipline, and patiently waiting for key levels will naturally lead to profits. The current bearish rhythm is intact, and future focus should be on testing resistance zones. As long as the structure remains unchanged, our strategy remains valid. Trading suggestions: Bitcoin: Wait around 89,000, target 93,000 Altcoin: Wait around 2,950, target 3,300
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Every dip is an opportunity to buy, and every panic is a test of faith. Time rewards long-term thinkers, and compound interest will break through all short-term fluctuations. This morning, Bitcoin remains in a narrow range between 89,300 and 90,500, with overall volatility converging. The bulls failed to sustain the previous upward momentum; after testing the 90,500 resistance level, it pulled back without a clear breakout, showing a pattern of “weak attempts to push higher and oscillating under pressure.”
Today’s market presents a typical bearish dominance pattern, with the core strategy of “shorting on rallies” proving highly effective. The price repeatedly rebounded to the key resistance zone of 90,000-91,000 but encountered resistance and fell back, forming a clear downward trend. Although there was some fluctuation during the session, the overall structure remained bearish, with weak rebounds and smooth declines. We adhere to our strategy, neither chasing the highs nor bottom-fishing, only taking action near clear resistance levels, and the market’s movements ultimately confirmed our judgment. This once again proves: understanding the direction, strictly following discipline, and patiently waiting for key levels will naturally lead to profits. The current bearish rhythm is intact, and future focus should be on testing resistance zones. As long as the structure remains unchanged, our strategy remains valid.
Trading suggestions:
Bitcoin: Wait around 89,000, target 93,000
Altcoin: Wait around 2,950, target 3,300