Bitcoin Latest Market Analysis + Support and Resistance Levels!!! #BTC $BTC
🧊 Weekend Market Rating: Cautiously maintaining the 90,000 level, entering a “weak fluctuation” period for recovery Latest Updates: Defense Success: Last night (Friday night), sellers launched a fierce attack on the 90,000 level, reaching a low near 90,000, but bulls showed strong resilience at this level, preventing the daily candle close from effectively breaking this psychological threshold. Currently, the 90,543 level is a weak rebound after successful defense. Weekend Effect: With Saturday, institutional liquidity halts, and the market becomes less liquid. In this environment, large attacks (V rebound) are difficult, and recovery is likely to stay within a narrow range between 90,000 and 91,500. Potential Risks: Despite holding the 90k level, the rebound strength is weak (not surpassing 91,200). This indicates caution in buying operations. If large sudden sell-offs occur over the weekend, weak liquidity could cause the price to drop quickly to 89,500 or lower. 1. Support and Resistance Levels (Precise Calculation) Short-term support (1-3 days, weekend) 90,000 - 90,200: Main defense line. This is the current bull pillar. It is likely to be tested repeatedly over the weekend. 89,400: Fraud protection support. If traders try to exploit low liquidity over the weekend for a “false breakout,” this is the furthest point for a rebound. 88,500: Weekend maximum. If the price breaks 90k and causes successive explosions, the price will directly head to the higher support of this range. Medium-term support (1-2 weeks, wave) 88,000: Stable structural base. The upper range of previous fluctuations, a very strong buying zone. 86,000: The dividing line between bullish and bearish trends. 84,500: Major structural bottom. Short-term resistance (1-3 days) 91,200 - 91,500: Immediate resistance. Previous support has now turned into pressure (support turned resistance). If trading volume does not increase during the rebound, breaking this level will be difficult. 92,200: Short-term range midpoint. 93,000: Downtrend pressure. Medium-term resistance (1-2 weeks) 94,415: Previous higher resistance. 96,500: Fibonacci expansion target. 98,000: Barrier before reaching 100,000. 2. Comprehensive Analysis and Optimal Entry Strategy Market Sentiment: The current level of 90,543 is “fluctuating on the edge of a precipice.” Bull Strategy: Since the 90,000 level has not been broken, this level can be relied upon for short-term bullish trading, but with reduced expectations, exiting at the first sign of a rebound (above 91k). Bear Strategy: The area below is currently unclear (the fact that 90k is very solid), unless the price rebounds to 91,500, it’s better not to sell directly at support.
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Bitcoin Latest Market Analysis + Support and Resistance Levels!!! #BTC $BTC
🧊 Weekend Market Rating: Cautiously maintaining the 90,000 level, entering a “weak fluctuation” period for recovery
Latest Updates:
Defense Success: Last night (Friday night), sellers launched a fierce attack on the 90,000 level, reaching a low near 90,000, but bulls showed strong resilience at this level, preventing the daily candle close from effectively breaking this psychological threshold. Currently, the 90,543 level is a weak rebound after successful defense.
Weekend Effect: With Saturday, institutional liquidity halts, and the market becomes less liquid. In this environment, large attacks (V rebound) are difficult, and recovery is likely to stay within a narrow range between 90,000 and 91,500.
Potential Risks: Despite holding the 90k level, the rebound strength is weak (not surpassing 91,200). This indicates caution in buying operations. If large sudden sell-offs occur over the weekend, weak liquidity could cause the price to drop quickly to 89,500 or lower.
1. Support and Resistance Levels (Precise Calculation)
Short-term support (1-3 days, weekend)
90,000 - 90,200: Main defense line. This is the current bull pillar. It is likely to be tested repeatedly over the weekend.
89,400: Fraud protection support. If traders try to exploit low liquidity over the weekend for a “false breakout,” this is the furthest point for a rebound.
88,500: Weekend maximum. If the price breaks 90k and causes successive explosions, the price will directly head to the higher support of this range.
Medium-term support (1-2 weeks, wave)
88,000: Stable structural base. The upper range of previous fluctuations, a very strong buying zone.
86,000: The dividing line between bullish and bearish trends.
84,500: Major structural bottom.
Short-term resistance (1-3 days)
91,200 - 91,500: Immediate resistance. Previous support has now turned into pressure (support turned resistance). If trading volume does not increase during the rebound, breaking this level will be difficult.
92,200: Short-term range midpoint.
93,000: Downtrend pressure.
Medium-term resistance (1-2 weeks)
94,415: Previous higher resistance.
96,500: Fibonacci expansion target.
98,000: Barrier before reaching 100,000.
2. Comprehensive Analysis and Optimal Entry Strategy
Market Sentiment: The current level of 90,543 is “fluctuating on the edge of a precipice.”
Bull Strategy: Since the 90,000 level has not been broken, this level can be relied upon for short-term bullish trading, but with reduced expectations, exiting at the first sign of a rebound (above 91k).
Bear Strategy: The area below is currently unclear (the fact that 90k is very solid), unless the price rebounds to 91,500, it’s better not to sell directly at support.