The performance of Bitcoin these past couple of days has indeed been a bit disappointing. From the 1-hour rebound starting at 86420, we initially expected it to surge past 90500, but it only reached a high of 89567 before turning around. Since it failed to break through 90500, this 4-hour rebound hasn't truly succeeded; in other words, it was a false alarm.
However, the current bearish momentum is not very strong, which is crucial. If the support at 86000 can hold and not be broken, Bitcoin is likely to start rallying next week, targeting above 92000. That's the logic of the market: as long as the key support holds, there’s still a chance. The next few days are worth closely watching the performance around 86000.
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retroactive_airdrop
· 8h ago
The word "虚晃一枪" is used perfectly here, it's exactly the feeling.
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It's another near-break scenario, watching it is tiring.
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The key is how long 86000 can hold; this is really too important.
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I agree that the bears are not motivated; otherwise, it would have broken support already.
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92000? Let's first take down 90500 before talking haha.
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Every time, I say to closely watch key levels, but the market just likes to go against that.
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This time is different; 86000 is really the last line of defense.
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Waiting for next week to watch the show, anyway, there are no good opportunities now.
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If it can't break 90500, then there's no trend; the logic is sound.
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I bet 86000 will hold; it feels like the bulls are still holding back a big move.
View OriginalReply0
SolidityNewbie
· 9h ago
Another fake move, this time it really hurts.
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If we can't hold 86,000, we're in trouble.
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Let's see how long 86k can hold; these past few days feel dangerous.
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I agree that the short sellers are not strong, but the lack of rebound strength is also a fact.
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92000? Overthinking it, let's first protect 86000.
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Every time we talk about key support, it gets broken, so exhausting.
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If this wave breaks support again, where will the next bottom be?
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Waiting to see how it performs around 86k; no action for now.
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Fake moves are really disgusting; it's always the retail investors following the trend who lose.
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The logic is sound, but the execution is disappointing.
View OriginalReply0
CryptoPunster
· 9h ago
Once again, a false alarm, and my dream is shattered this way.
At 89567, I thought it was about to take off, but the turnaround made me laugh until I cried.
If 86000 also breaks, I will really have to write a small essay.
The lack of strength in the bears gave me a reassuring pill; at least I didn't get beaten in vain.
Close attention to 86000? My eyes are almost popping out, but I still don't understand the market.
Oh, big pancake, big pancake, can't you just let me save some worry?
Just watching this 86000 level; if it breaks, I’ll lie flat and hold on to continue my sleepwalking.
This rebound is a trap to lure us into the market.
Above 92000? Dreaming very sweetly, everyone.
As long as the support holds, there’s still a chance. Just listen and don’t take it seriously.
View OriginalReply0
BearMarketGardener
· 9h ago
Another fake move, this rhythm is really amazing
Oh, 86,000 is truly the line between life and death; if broken, it's game over
Actually, the bears are weak, which is the biggest good news
Let's wait and see if we can truly push higher next week
As long as 86,000 holds, I’ll believe you this once
Back to 92,000 and dreaming again? I'll trust you this time
Watching 89,567 but it just won't pass, so frustrating
View OriginalReply0
SchrodingerPrivateKey
· 9h ago
Fakeouts are really frustrating. If 86,000 doesn't break, I'm still optimistic about next week.
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It's the same story again. If it can't break 90,500, then the rebound is considered failed. Feels like the analysis is somewhat predetermined, huh?
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Holding 86,000 is key, I agree on that. But can it really push up to 92,000? That's a bit uncertain.
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The bears are really out of steam this time. It's much stronger than the previous two waves.
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Honestly, it all depends on whether the support can hold. If it holds, there's hope; if it breaks, just wash and sleep.
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It's always like this—yet Bitcoin keeps surprising us. Who knows what will happen?
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I agree that 86,000 is a critical point to watch. These days, it's truly a dividing line.
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If it can't push through 90,500, it's just a fake-out. I accept that logic. Just worried about another false break and then a rebound.
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Next week, 92,000? Come on, let's first see if it can stay steady above 88,000.
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If it hasn't moved out in 4 hours, just keep waiting. Anyway, it can't run away, support is right there.
The performance of Bitcoin these past couple of days has indeed been a bit disappointing. From the 1-hour rebound starting at 86420, we initially expected it to surge past 90500, but it only reached a high of 89567 before turning around. Since it failed to break through 90500, this 4-hour rebound hasn't truly succeeded; in other words, it was a false alarm.
However, the current bearish momentum is not very strong, which is crucial. If the support at 86000 can hold and not be broken, Bitcoin is likely to start rallying next week, targeting above 92000. That's the logic of the market: as long as the key support holds, there’s still a chance. The next few days are worth closely watching the performance around 86000.