Bitcoin is still oscillating within the four-hour central range. The upper resistance is quite clear, around 92,000 to 94,000, which is the pressure zone. However, recent attempts to break through have only reached below 92,000 before being pushed back. The support levels are at 89,000 to 90,000, and these two lines define the current trading range.



From a strategic perspective, it is still more reasonable to focus on shorting high and buying low at this stage. But be careful not to be too greedy—take profits when you have them and avoid fighting against this choppy market.

If the market continues to fluctuate for about another week, there is a gap on the futures side that needs to be filled—at the 88,000 level. So, do not rule out the possibility of a downward dip; be mentally prepared. Wishing everyone the right direction in their trades.
BTC3,38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)