BTC completed accumulation around 90500, finally breaking through the long-term resistance line near 94500. It has now started to pull back. The market needs time to verify the true strength of this rally. For the bulls, the most critical factor is whether the price can stay above 93500 and absorb selling pressure—this will determine whether a new consolidation range (94000-98000) can form.
The current support level is around 93500-94000. If the bulls can hold this position, there is a chance for the price to repeatedly test the bottom within the 94000-98000 range, which will be very helpful for a subsequent breakout. Conversely, if it breaks below the bottom line of 89000-90500, the situation could reverse directly—at that point, a shift to a bearish outlook is necessary.
The current strategy is clear: give the market enough time to test, avoid rushing into long positions, maintain the stability of the 90500 core position, and patiently wait for the market to choose a direction.
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AirdropHunter007
· 6h ago
93500, this critical level really needs to hold, or else we'll have to go through another round of washing.
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ProofOfNothing
· 8h ago
93,500 can't hold, this rebound is very fake
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consensus_whisperer
· 8h ago
If 93500 is unstable, you really need to consider reducing your position. This oscillation is too exhausting.
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SquidTeacher
· 8h ago
If 93,500 isn't broken, stay strong; once it's broken, it's time to run. It's that simple.
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GateUser-a5fa8bd0
· 8h ago
Can 93,500 really hold? It feels like the bulls are a bit weak.
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AlgoAlchemist
· 8h ago
Is the 93,500 line really that critical? It feels like it's always said the same way every time.
Stay alert, don't fall into the same old tricks again.
Bottoming out sounds good, but it depends on whether the bulls have the stamina.
If we can't hold 89,000, it'll be liquidation immediately—too intense.
Still, we have to wait; there's no rush anyway.
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MintMaster
· 8h ago
I feel like this round is mainly testing the market, the real direction hasn't emerged yet.
Let's see if 93500 can hold, that's the key.
No rush, anyway the core position is at 90500, just take it slow.
If you ask me, with this trading rhythm, there will definitely be more fluctuations later on.
BTC completed accumulation around 90500, finally breaking through the long-term resistance line near 94500. It has now started to pull back. The market needs time to verify the true strength of this rally. For the bulls, the most critical factor is whether the price can stay above 93500 and absorb selling pressure—this will determine whether a new consolidation range (94000-98000) can form.
The current support level is around 93500-94000. If the bulls can hold this position, there is a chance for the price to repeatedly test the bottom within the 94000-98000 range, which will be very helpful for a subsequent breakout. Conversely, if it breaks below the bottom line of 89000-90500, the situation could reverse directly—at that point, a shift to a bearish outlook is necessary.
The current strategy is clear: give the market enough time to test, avoid rushing into long positions, maintain the stability of the 90500 core position, and patiently wait for the market to choose a direction.