Bitcoin completed a pullback tonight around 91800, without breaking below the key support, and then began to gradually rebound. The intraday high reached around 9370, but after encountering resistance at 94000, it experienced a slight pullback and consolidation.
From a technical perspective, as long as Bitcoin stays above the support at 92500, the upward trend can be maintained, and no obvious downward signals are expected in the short term. After sufficient consolidation and accumulation, it is highly likely to test the two key resistance levels at 94000-94700.
However, breaking through and stabilizing within this range remains challenging. It is recommended to consider short positions in batches between 94-94700, with proper stop-loss settings. If it can break above 95000 and hold steady, it will confirm the start of a new upward momentum, at which point stop-loss positions can be adjusted.
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RektHunter
· 12h ago
92,500 won't be broken, so it's stable. Can it really reach 95 this time, or will it just deceive me into cutting losses again?
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WalletsWatcher
· 12h ago
If you can't hold 92,500, you have to admit defeat. Stop gambling.
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ColdWalletGuardian
· 12h ago
If we can't hold 92,500, we're done for. This rebound feels pretty hollow.
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VCsSuckMyLiquidity
· 12h ago
If 92,500 can't hold, it's really hanging by a thread. Whether this wave can break through 95 depends on the mood of the big players.
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AirdropJunkie
· 12h ago
94,000 was topped again. This resistance level is really tough, but as long as 92,500 holds, I'll be at ease and keep fighting.
Bitcoin completed a pullback tonight around 91800, without breaking below the key support, and then began to gradually rebound. The intraday high reached around 9370, but after encountering resistance at 94000, it experienced a slight pullback and consolidation.
From a technical perspective, as long as Bitcoin stays above the support at 92500, the upward trend can be maintained, and no obvious downward signals are expected in the short term. After sufficient consolidation and accumulation, it is highly likely to test the two key resistance levels at 94000-94700.
However, breaking through and stabilizing within this range remains challenging. It is recommended to consider short positions in batches between 94-94700, with proper stop-loss settings. If it can break above 95000 and hold steady, it will confirm the start of a new upward momentum, at which point stop-loss positions can be adjusted.