Weekends are usually characterized by lower liquidity, and these past two days $BTC has been fluctuating around 88,000. But you know, after weekends, a decent move often emerges.
The support levels below are still relatively solid, and there are no signs of panic selling. Just keep an eye on the 93,000 level — this is often where the bulls' profit-taking concentrates, and resistance can be more pronounced.
From the daily chart, the bottom-building process is basically complete, but the resistance levels above are still quite stubborn, and the short-term direction is about to make a statement. Be ready to respond to a possible breakout!
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HappyToBeDumped
· 2h ago
Tired of the weekend holding pattern talk, but the 93,000 level really requires caution. When profit-taking hits, no one can withstand it.
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LiquidityOracle
· 12h ago
Weekend tinkering, waiting for Monday to make a big move... That 93,000 hurdle really needs to be watched closely.
#BTC资金流动性 Evening Bitcoin Market Observation — 12.20 Market Quick Read
Weekends are usually characterized by lower liquidity, and these past two days $BTC has been fluctuating around 88,000. But you know, after weekends, a decent move often emerges.
The support levels below are still relatively solid, and there are no signs of panic selling. Just keep an eye on the 93,000 level — this is often where the bulls' profit-taking concentrates, and resistance can be more pronounced.
From the daily chart, the bottom-building process is basically complete, but the resistance levels above are still quite stubborn, and the short-term direction is about to make a statement. Be ready to respond to a possible breakout!