The Bitcoin reversal signal has appeared at #加密市场反弹 , strongly breaking through the pressure level of 90,000. Will it continue to rise or fall again?
The area around 92,000 is a key position on a large cycle level, and the current price just reached it yesterday. The market is now a battle between bulls and bears, and this key position will certainly require time to determine the outcome. No matter what, there will definitely be an outcome, which means the appearance of a reversal signal, confirming that there will be significant market opportunities ahead!
At this critical moment, do not blindly chase highs; it could easily be a false signal of the strong player starting to harvest. From any perspective, there is no direct reason to initiate a major bull market, as it is an unreasonable rise. Clearly, this type of market should be viewed with more calmness.
Currently, I am primarily shorting at this position, entering in three batches around 92,000, 94,000, and 96,000, with a take profit at 86,000. Of course, adjustments will be made based on subsequent market conditions.
Let me clarify this. Shorting at this position does not mean it won't continue to rise; rather, the risk-reward ratio here is very favorable. The essence of trading is a game of risk-reward ratios and probabilities. $BTC $ETH $SOL
