⚠️ Please pay attention to the upcoming market trends!
#Bitcoin is currently on a strong upward trend, but be cautious of the resistance level around 90,000.
• If it cannot break through with volume, it is still suitable to short at high points, beware of a trap for retail investors.
• There are still unknown trapped positions above, so rushing to go long carries significant risk, and be wary of the market making a false move to attract retail FOMO into the market.
• Reasonable entry point: The previous breakdown of 80,000 was a good point for phased positioning, rather than the current high.
🔹 Is a Bitcoin bull market starting?
Currently, there is still a lack of sufficient confirmation signals for a bull market, and reasons for a decline or consolidation are more compelling.
• Macroeconomic environment: The Federal Reserve's policy has not yet shifted, and the liquidity environment still needs to be observed.
• Market structure: The tug-of-war between bulls and bears still exists, and if 90,000 encounters resistance, a short-term pullback is still possible.
📌 Core of trading: Execute discipline, avoid blind trial and error!
• Current range: 80,000 – 90,000, key points to focus on market data performance.
• Observe the volume changes at key support & resistance levels to confirm breakout or pullback signals.
• No signals, no entry; missing opportunities is more important than blindly operating and incurring losses!
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