Wednesday Market Observation: The BTC daily chart bull structure remains intact, but in the short term it's in a dilemma stage with oscillations between resistance and support, requiring clarity on direction before making decisions.
Let's check opportunities across different timeframes:
Short timeframes (1-4 hour charts): You can consider range trading. Around 94500-95000, you can try light short positions with targets around 93500-93000; on the other hand, the low positions at 91500-90800 are good entry points for long positions, with profit targets near 93000.
Daily chart perspective: For those already holding long positions, the key support level is at 90000. If it breaks below here, consider reducing positions; traders not yet in position can continue to observe. It will be safer to follow the uptrend after BTC breaks 95000.
The key is maintaining discipline and risk awareness—don't get shaken out by market volatility, and don't chase highs blindly. Keep your own trading rhythm, find opportunities with strong certainty during oscillations, and that's how you survive long-term in the market.
Range trading is really that annoying—the more you watch, the more you want to reverse your position
We really have to hold this 90000 level
Waiting for a 95000 breakout before chasing feels much safer, don't want to be caught in a trap
Range trading sounds simple in theory, but when you're actually doing it, you realize you're just a tool
This move is a bit boring, I'd rather wait for a more definitive signal
Wednesday Market Observation: The BTC daily chart bull structure remains intact, but in the short term it's in a dilemma stage with oscillations between resistance and support, requiring clarity on direction before making decisions.
Let's check opportunities across different timeframes:
Short timeframes (1-4 hour charts): You can consider range trading. Around 94500-95000, you can try light short positions with targets around 93500-93000; on the other hand, the low positions at 91500-90800 are good entry points for long positions, with profit targets near 93000.
Daily chart perspective: For those already holding long positions, the key support level is at 90000. If it breaks below here, consider reducing positions; traders not yet in position can continue to observe. It will be safer to follow the uptrend after BTC breaks 95000.
The key is maintaining discipline and risk awareness—don't get shaken out by market volatility, and don't chase highs blindly. Keep your own trading rhythm, find opportunities with strong certainty during oscillations, and that's how you survive long-term in the market.