The recent price trend of BTC is quite interesting. When it touched the key support level around 89200 yesterday, a clear rebound signal was already evident. Now the price has risen to around 91000, with a high test at 91600.



The next critical level is 90600. As long as the price holds here, the upward momentum has not truly ended, and there is still potential for further gains. But be cautious—if it breaks below this level, the situation will become more complicated. If it breaks down on low volume, there's no need to panic, as it may form a double bottom. At that point, keep a close eye on 89500; if the decline can be halted there, it could present a new long opportunity.

Currently, the position is quite awkward. There is resistance at around 91600 above and support at 90600 below, placing it in a trapped state. Operating at this level is indeed risky; it's hard to determine whether the next move will be a breakout or a pullback. My advice is to avoid impulsive trading and instead wait patiently for a clearer directional signal before acting. Position management and risk control should always come first.
BTC-0.38%
View Original
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
0xSherlockvip
· 6h ago
If you can't hold 90600, it's game over. This time, it's really a bit uncertain.
View OriginalReply0
ZkSnarkervip
· 17h ago
honestly the whole 90600 support thesis feels like astrology until volume actually confirms it lol. like yeah sure, could bounce, could dump—that's literally always true? here's the thing about these "sandwich" consolidations: they resolve violently and nobody predicts which way til it happens. patience is correct tho, even if it's boring as hell
Reply0
OneBlockAtATimevip
· 17h ago
If 90600 doesn't break, I'll hold on stubbornly; if it breaks, I'll admit defeat. It's that simple.
View OriginalReply0
gas_guzzlervip
· 17h ago
Wait, can 90600 really hold? It feels a bit uncertain.
View OriginalReply0
RektRecordervip
· 17h ago
90600 is really a critical threshold. If you can't break through, keep going up. Once it falls below, it will depend on whether the second bottom can hold at 89500. Being stuck in the middle makes it hard to judge. Instead of reckless actions, it's better to wait for signals.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)