Currently, Bitcoin is facing significant pressure. On the 4-hour and daily charts, the 92,000 level repeatedly acts as a "roadblock." There is no obvious increase in volume, so the probability of a bullish reversal is low. In simple terms, it’s now stuck in a range, repeatedly testing the bottom.
The underlying reason can also be understood—global tensions are high, with conflicts in the Middle East and Eastern Europe. Investors are flocking to safe-haven assets like gold and government bonds. Cryptocurrencies are relatively sidelined, and funds are continuously withdrawing.
From a technical perspective, $BTC can be watched around the 91,500-92,000 zone for a potential pullback. If it drops, the next target could be 90,000 or even 89,000.
By the way, regarding $TURBO, this coin can also be considered for a short position around 0.0019500-0.002, with targets at 0.0018500-0.0017500.
Overall, in the short term, we need to wait and see if there are any signs of a valid breakout.
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SmartContractDiver
· 7h ago
It's another one of those grind days, 92,000 really drives me crazy, repeatedly biting on this line.
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NftRegretMachine
· 7h ago
Always grinding at the bottom, so annoying. This level 92,000 feels like it's a real challenge.
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gas_fee_therapist
· 7h ago
Reaching level 92000 is really annoying, I keep dawdling here, and funds are fleeing quickly.
Let's see if I can break through; right now, buying feels like being a bagholder.
Bottoming out is exhausting; there's no need to torment yourself like this.
No short-term opportunities; just watch and wait.
The shorting idea for TURBO coin isn't bad; at least there's a direction.
With the market like this, it's better to check out the gold行情.
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GasFeeCrier
· 7h ago
That 92,000 level really needs to be worked through; even with increased volume, I haven't seen it happen.
#Solana行情走势解读 Bitcoin Latest Market Trends Observation
Currently, Bitcoin is facing significant pressure. On the 4-hour and daily charts, the 92,000 level repeatedly acts as a "roadblock." There is no obvious increase in volume, so the probability of a bullish reversal is low. In simple terms, it’s now stuck in a range, repeatedly testing the bottom.
The underlying reason can also be understood—global tensions are high, with conflicts in the Middle East and Eastern Europe. Investors are flocking to safe-haven assets like gold and government bonds. Cryptocurrencies are relatively sidelined, and funds are continuously withdrawing.
From a technical perspective, $BTC can be watched around the 91,500-92,000 zone for a potential pullback. If it drops, the next target could be 90,000 or even 89,000.
By the way, regarding $TURBO, this coin can also be considered for a short position around 0.0019500-0.002, with targets at 0.0018500-0.0017500.
Overall, in the short term, we need to wait and see if there are any signs of a valid breakout.