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Idle without movement, unable to rise?
Bitcoin rebounded to around 90300 yesterday but faced resistance and retreated to around 89400. Our long position was entered at around 885. From the chart, it initially rose above 90,000 but then started to decline again.
After a particularly unusual candlestick pattern, the market stabilized within the 885-90,000 range. Today, the market looks too weak; could it break below the support at 884?
First, watch for the break below 884 yesterday, which would mean our long position is protected and we exit. Then look for the next support level to re-enter. If it doesn't break, we continue to hold and aim for above 90,000.
BTC trading suggestion: 874-879 range, defend 800 points, target 91,000. Breakthrough to watch for 92,000#加密市场观察