$BTC performance today is indeed fierce. Look at that volume-driven decline, dropping all the way to 87200—that's not just a simple shakeout—major players are really going all out.
Now it has rebounded above 89000, seeming to stabilize? Not really. Trading volume is clearly sluggish, and such a recovery rebound is usually a breather before further decline. Don’t be fooled by the rebound.
The key level is coming—91000. Whether the daily chart can break above this level is crucial. If it can't, it's a shorting opportunity. Simply put, all upward rebounds should be treated as chances to escape.
**Recent strategy is very clear**: short on rallies. When the price approaches 91000, consider short positions targeting the 88500 range. Technical support has not yet formed, and trend reversal signals have not appeared. Continue to stay cautious.
The market always repeats the same story. Those who understand how to identify technical patterns often avoid many detours.
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.
16 Likes
Reward
16
9
Repost
Share
Comment
0/400
BearMarketSurvivor
· 3h ago
Coming back with this again? Short if it doesn't break 91,000. Let's see if it can really stabilize this time.
View OriginalReply0
TopEscapeArtist
· 14h ago
Here comes that routine of "recognizing technical patterns to avoid detours" again, I just smile and say nothing. Last time, @91000@ also mentioned key levels, and what was the result? Using the rebound opportunity as a chance to escape, only to become the bagholder.
View OriginalReply0
GateUser-9f682d4c
· 17h ago
87,200, that move was really fierce; the main force didn't hold back.
View OriginalReply0
BrokenDAO
· 17h ago
It's the same old story—when trading volume is weak and there's a rebound, it's called a chance to escape. This narrative always works until one day it suddenly doesn't. The 91,000 level, frankly, depends on whether the casino is willing to support the market; the technical aspect has long been manipulated.
View OriginalReply0
SoliditySurvivor
· 17h ago
That move at 87,200 directly cut me open, and now I'm still waiting for a rebound to harvest the chives.
View OriginalReply0
WagmiWarrior
· 17h ago
Hmm, it's the same trick again. As soon as it rebounds, it runs. I believe it.
View OriginalReply0
GasFeeCrier
· 17h ago
That move at 87,200 was really fierce; the main force isn't playing around with you.
View OriginalReply0
GasFeeBarbecue
· 17h ago
Rebound and run, I've seen this trick too many times.
View OriginalReply0
ContractExplorer
· 17h ago
Here comes another wave of cutting leeks, see you at 87,200? I think it's uncertain.
#数字资产市场动态 【Market Technical Analysis Quick Read】
$BTC performance today is indeed fierce. Look at that volume-driven decline, dropping all the way to 87200—that's not just a simple shakeout—major players are really going all out.
Now it has rebounded above 89000, seeming to stabilize? Not really. Trading volume is clearly sluggish, and such a recovery rebound is usually a breather before further decline. Don’t be fooled by the rebound.
The key level is coming—91000. Whether the daily chart can break above this level is crucial. If it can't, it's a shorting opportunity. Simply put, all upward rebounds should be treated as chances to escape.
**Recent strategy is very clear**: short on rallies. When the price approaches 91000, consider short positions targeting the 88500 range. Technical support has not yet formed, and trend reversal signals have not appeared. Continue to stay cautious.
The market always repeats the same story. Those who understand how to identify technical patterns often avoid many detours.