It's a bit regrettable to have missed the entry opportunity this morning. In the afternoon, I followed up with a light short position around 90200 during the live broadcast, aiming for the 89200 zone. The market movement near the target level basically met expectations, which can also be considered a good confirmation.
The interesting part is that Bitcoin's rebound from here is quite fierce. The area around 89200 repeatedly appears, similar to last Saturday's trend—always gathering strength here before surging. Whether it will consolidate around 89200 before continuing to rebound or if there's another deeper meaning, it's too early to draw conclusions.
For now, I'll mainly observe and wait for the market signals in the late night. Tomorrow's bullish or bearish strategy will be decided once the trend becomes clearer; there's no need to rush into a direction. Anyway, technical analysis is like that—it requires time and price action to verify.
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TradingNightmare
· 18h ago
89200 is indeed an interesting level. The repeated buildup feels quite uncomfortable to watch.
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SelfCustodyBro
· 01-09 09:45
89200, this critical level is being repeatedly tested, it feels like a big move is really coming.
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MoonBoi42
· 01-08 16:46
89200 is indeed a strange level; the repeated buildup suggests something big might be coming next.
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BearMarketSurvivor
· 01-08 16:45
89200 is indeed an interesting level. Repeated confirmation is just testing the bottom's resolve.
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ApeWithNoFear
· 01-08 16:44
89200 at this position is really quite addictive, the feeling of repeatedly squatting.
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GasOptimizer
· 01-08 16:33
89200, I still have to wait in this pit. Repeated testing is it trying to build up a big bullish candle?
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CountdownToBroke
· 01-08 16:29
89200, this threshold is quite interesting; repeatedly testing it is not without reason.
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LostBetweenChains
· 01-08 16:29
89200 this level is quite interesting, I have a feeling something is going to happen.
It's a bit regrettable to have missed the entry opportunity this morning. In the afternoon, I followed up with a light short position around 90200 during the live broadcast, aiming for the 89200 zone. The market movement near the target level basically met expectations, which can also be considered a good confirmation.
The interesting part is that Bitcoin's rebound from here is quite fierce. The area around 89200 repeatedly appears, similar to last Saturday's trend—always gathering strength here before surging. Whether it will consolidate around 89200 before continuing to rebound or if there's another deeper meaning, it's too early to draw conclusions.
For now, I'll mainly observe and wait for the market signals in the late night. Tomorrow's bullish or bearish strategy will be decided once the trend becomes clearer; there's no need to rush into a direction. Anyway, technical analysis is like that—it requires time and price action to verify.