Bitcoin experienced a rebound and surge in early trading yesterday, with the price testing upward along the daily chart. Currently, it is oscillating near the $90,000 mark.



From the daily K-line perspective, recent candles have been consistently bullish, but the rebound strength is limited. The key point to note is that the current price level is approaching the $90,500 resistance from the late December wave.

If it can break through and stabilize above the upper band, the short-term upward space will open. The issue is that the upper Bollinger Band on the daily chart is under significant pressure, which means there is a high probability that the short-term rebound will hit a ceiling. Based on this judgment, shorting above $90,000 would be more prudent—targeting around $86,000.

#比特币与黄金战争 $BTC $ETH ’s trend logic is similar, both are seeking direction near their respective resistance levels.
BTC-0.44%
ETH-0.74%
BNB-0.81%
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SandwichTradervip
· 5h ago
90,000 going to drop again? Last time I heard that, it shot straight up haha
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MEVHuntervip
· 5h ago
The Bollinger Bands upper band pressure is so obvious, there's really no desire to break through. Short-term short at 90,000 is indeed more attractive, with the target directly at 86K... To put it simply, the arbitrage opportunity has opened up.
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HashBardvip
· 5h ago
ngl the 90k resistance is giving us that same tired narrative we've seen before... like watching a tragic play where everyone knows the ending already. short above 90 hits different when sentiment's this fragile, nah?
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MEVHunterLuckyvip
· 5h ago
If you can't break through the 90,500 barrier, you'll have to smash it.
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HallucinationGrowervip
· 5h ago
Here we are again at this old resistance level, feeling like it might get pushed down again. It's really hard to stay above 90,000, as if an invisible hand is pressing down. The Bollinger Bands are about to reach the sky, this rebound feels a bit weak. 86,000 should hold, but the probability of going down is higher. All three coins are moving together, and it's quite uncomfortable.
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DecentralizedEldervip
· 5h ago
The 90500 resistance level, whether it can be broken this time is really hard to say. It feels like it's going to get hammered down again. If it can't break through, it's just another rebound trap. Short positions should wait at 86000 for a bottom-fishing opportunity. The Bollinger Bands are tightly constricted, so short-term trading isn't very meaningful. All three coins are doing the same, sideways trading is frustrating. Rather than guessing the top or bottom, it's better to wait for a breakout signal. Any move now is easily caught in a trap.
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