【BTC Breaks 94,000 USD | Strategy for April 23】

1. Core Trend Analysis

Breakthrough Confirmation

The price strongly broke through 92,900 USDT and shot straight up, stabilizing at the psychological level of 93,000 USDT, currently fluctuating at a high level with a strong trend. The trading volume has significantly increased, market buying is strong, and there has been no significant pullback, indicating a clear dominance of bulls.

Technical Structure

From the perspective of the theory of entanglement: It is in the third buying phase, with a clear upward trend, and short-term fluctuations do not change the bullish direction. The inducement for shorts: The fluctuations in the range of 92,400-92,800 USDT yesterday were a washout; the bears were unable to fight back, and support is effective.

Key Levels

Resistance Level: 93,000 USDT (current high point, needs to break through for bullish continuation). Support Zone: 92,500-92,700 USDT (can enter lightly on a pullback). 91,000-91,500 USDT (strong support, can add positions if it pulls back to this level). 90,000 USDT (key defense line, need to be cautious of trend reversal if it breaks down).

2. Strategy Recommendations

✅ Prioritize Long Positions (trend continuation)

Entry Point: Light long positions in the range of 92,500-92,700 USDT on a pullback, stop loss below 91,500 USDT.

If it quickly dips to 92,000 USDT (new support), can add positions.

Targets: First target: 94,000 USDT (previous high area).

Second target: 95,000-96,000 USDT (if a new high is broken).

⚠️ Optional Short Positions (high-level risk control)

Trigger Conditions: If the price cannot stabilize at 93,000 USDT and shows signs of stagnation (such as a high-level bearish engulfing or top divergence).

Entry Point: Pull back to around 93,200 USDT,

stop loss set above 93,800 USDT.

Targets: 92,500 USDT (short-term), 91,500 USDT (deep pullback).

3. Market Sentiment and Risk Control

Sentiment: Short-term bulls are dominant, but caution is needed for high-level fluctuation risks, avoid chasing highs. Operating Advice: Gradually build positions on pullbacks to the support area, strictly enforce stop losses. If it falls below 90,000 USDT, need to reassess the trend.