The review is here for $BTC !

Do you all remember the target level of 91800 mentioned yesterday? At that time, it was said not to chase the long position at this level—what happened? The price turned around and fell right at that point.

This position is a bit awkward right now. Want to short? Wait a moment. This is precisely a key area for support and resistance flip, and the price hasn't really broken down yet, so acting rashly carries considerable risk.

The real opportunity is at 85300. Once this support is broken, the downside opens up, with a target around 83500 to the previous low.

Since the structure of the rebound has broken down, the next step is clear—look for high points to set up short positions. Focus on two levels: 87700 and 89600. When reaching these areas, consider entering in batches.

BTC-6.52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
5
Repost
Share

Comment

0/400

UnluckyLemur

· 3h ago

91800 has been dumped again, this time not chasing in is considered a gain. 85300 is the real bottom line, if it breaks, it will head straight to 83500. I have marked these two points, 87700 and 89600, waiting for a high short. The support and resistance switching in this area is indeed easy to fall into a pit, better to be patient. This wave structure is indeed broken, need to be more cautious when shorting.

View OriginalReply0

GateUser-a5fa8bd0

· 3h ago

Once again, I precisely missed out here, I just watched the show during that 91800 wave. I really was just a bit short of jumping in, fortunately, I held steady and didn’t get reckless. 85300 is the real opportunity, only below 85 would I dare to take serious action.

View OriginalReply0

RugPullAlarm

· 3h ago

I didn't chase that wave at 91800; I had already seen the Large Investors' Address quietly dumping on-chain, and the results are self-evident. Now, this hurdle at 85300 is the real test. Only when it falls through can we confirm that the space is truly opened; otherwise, it's all just empty.

View OriginalReply0

CoffeeOnChain

· 3h ago

91800 is really impressive, it just turned around when I said I wouldn’t chase, this rhythm is indeed amazing. I’m waiting at 87700, the feeling of entering the short position in batches seems reliable. If it really breaks 85300, it will be the real show time. This position is indeed awkward, it’s better to stay calm. Wait for the high point to take action, don’t get trapped. If the rebound structure breaks, it’s time to adjust positions, my thinking is the same. Let’s see at 89600, preparing to increase the position. There should be support around 83500, we’ll see the situation then.

View OriginalReply0

SandwichTrader

· 4h ago

91800 This wave is indeed amazing. I laughed when it fell directly without me chasing it. I have already placed my order around 87700, just waiting to see if it can come back. If it really breaks 85300, it will be a big deal; this wave has opened up a terrifying space. However, it's still a bit precarious right now. I'm afraid it might take the opposite position and hit me. Target 83500, just waiting.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
223.67K Popularity
#DecemberMarketOutlook
16.9K Popularity
#GIGGLEAndPIPPINSurge
2.87K Popularity
#LINKETFToLaunch
2.25K Popularity
#SharingMy100xToken
3.1K Popularity

Hot Gate FunView More

1
морекоты
MC:$3.32KHolders:1
0.00%
2
ZYGO戴歌青蛙
MC:$3.37KHolders:1
0.29%
3
XYY喜羊羊
MC:$3.31KHolders:1
0.00%
4
BEARBear Market Coin
MC:$3.38KHolders:2
0.22%
5
BEARACLESBearacles
MC:$3.34KHolders:1
0.21%

Sitemap