$BTC It is not advisable to chase the price at the moment. You may consider looking for buy low opportunities near the support area of 87,500-88,000, with 87,200 as a short-term stop loss reference. On the upside, closely monitor the breakout situation of the resistance zone at 89,500-90,000. If it cannot break out with higher trade volumes, a double top or head and shoulders pattern may form, at which point you should consider reducing position or exiting. The market is at a critical Node for choosing direction, and the next breakout with higher trade volumes will determine the short-term trend.
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$BTC It is not advisable to chase the price at the moment. You may consider looking for buy low opportunities near the support area of 87,500-88,000, with 87,200 as a short-term stop loss reference. On the upside, closely monitor the breakout situation of the resistance zone at 89,500-90,000. If it cannot break out with higher trade volumes, a double top or head and shoulders pattern may form, at which point you should consider reducing position or exiting. The market is at a critical Node for choosing direction, and the next breakout with higher trade volumes will determine the short-term trend.
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