#数字资产市场观察 Bitcoin trend observation on the early morning of December 1st
The market is currently in a delicate balance period. After dropping from the high point of 93080, it fell to a low of 90092.7, and now the price is fluctuating around 91300. Neither the bulls nor the bears are willing to back down, and they are competing within this range.
Friends who are bullish can pay attention to pullback opportunities. If the price drops to the range of 90500-91000 and shows signs of stabilization—such as a bullish engulfing candle or a hammer candle indicating a stop in the decline—that would be a good entry window.
The upper pressure is first looking at 91934, and after breaking through, the second target aims for 92500. If this wave of consolidation can maintain support at $BTC , there may be further opportunities for upward breakthrough.
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MemeCurator
· 12-03 16:01
The 91300 level has been grinding for a long time, feels like both bulls and bears are exhausted.
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liquidation_watcher
· 12-03 12:14
91300 is really acting as a strong barrier, both bulls and bears seem to be testing each other. If it drops to 90500, I’ll get ready to jump in—just waiting for that hammer candlestick anyway.
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Here we go with this theory again. So what if it breaks through 91934? Feels like we talk about these resistance levels every day, but sometimes a single red candle just smashes through them all.
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It's really hard to say whether the support will hold or not, and the trading volume hasn’t been great these past few days either.
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Wait, isn’t the bullish engulfing candle signal a bit too lagging? By the time it shows up, half the rebound is already gone.
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92500? That’s a bit far off. I’d rather focus on whether we break 91934 first, no need to look too far ahead.
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This consolidation might drag on for a bit longer, both bulls and bears are still testing each other’s limits.
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The worst losses happen during these choppy markets. Gotta be patient and wait for a clear reversal pattern before making a move.
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GovernancePretender
· 12-02 22:41
91300 this position is really outrageous, both long and short are pulling here
If a hammer line appears, I will enter a position, otherwise, I'll just wait and see
If we hold 90500, there is hope, otherwise, it will have to be smashed down again
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OldLeekMaster
· 12-01 20:04
This wave is going to trample on us suckers again, it's really annoying and dragging on.
Wait, can 90500 really hold steady? It feels like it will continue to crash.
When will the hammer line appear? I can't wait any longer.
It's the same old story, break through and make money, if not, keep losing, haha.
91934 this resistance level is a bit tough, it feels like it can't break through.
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MEVHunterWang
· 11-30 19:50
The position at 91300 is, to be honest, a bit awkward; neither the bulls nor the bears have made a firm decision.
If it really drops down to around 91000 and a hammer candle appears, I'll take action; otherwise, I'll just wait and see.
I'm just worried that at that time, it might take the opposite position and catch you off guard. This market trend is really exhausting.
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ChainComedian
· 11-30 19:50
91300 back and forth, I can't understand who is really winning between long and short... However, if a hammer candlestick appears, I'll enter; I feel there is indeed a chance in the range of 90500-91000.
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PrivateKeyParanoia
· 11-30 19:50
The 91300 position is really stuck, it feels like both bulls and bears are weak.
Only breaking 91934 would be interesting, right now it's just a waiting game...
Has the hammer candlestick appeared? I haven't seen it.
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GasWastingMaximalist
· 11-30 19:48
91300 points have been around for so long, it feels like we need to throw some more in to really hit the bottom.
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WalletAnxietyPatient
· 11-30 19:25
The position of 91300 is really tough, just looking at it is annoying.
Long and short positions are in a stalemate, this is the real test of mentality.
Wait for the hammer candlestick to appear before entering a position, otherwise it's easy to get trapped.
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GasGoblin
· 11-30 19:23
Hey, this wave is really frustrating, fluctuating around 91300 like this, it feels like both bulls and bears are holding back a big move.
#数字资产市场观察 Bitcoin trend observation on the early morning of December 1st
The market is currently in a delicate balance period. After dropping from the high point of 93080, it fell to a low of 90092.7, and now the price is fluctuating around 91300. Neither the bulls nor the bears are willing to back down, and they are competing within this range.
Friends who are bullish can pay attention to pullback opportunities. If the price drops to the range of 90500-91000 and shows signs of stabilization—such as a bullish engulfing candle or a hammer candle indicating a stop in the decline—that would be a good entry window.
The upper pressure is first looking at 91934, and after breaking through, the second target aims for 92500. If this wave of consolidation can maintain support at $BTC , there may be further opportunities for upward breakthrough.