#数字货币市场回升 The capital market has shown unusual movements, with a net outflow of over 160 million that warrants caution.

Let’s talk about the data: Although prices are still rising, the capital flow tells a different story. Continuous net outflows indicate that this uptrend may lack genuine buying support.

Interestingly, short sellers lost 120 million within 24 hours, which created upward space for the price. But the question arises—when the main funds have quietly withdrawn, who will take on the high-position chips?

From a technical perspective, the current price is in a relatively high range. If you are leaning towards a bearish outlook, you can pay attention to the resistance zone between $91,500 and $91,950. In terms of strategy, this range is suitable for positioning short positions, and it is recommended to place a stop loss above $92,500 to give the market some room to maneuver.

How to view the downside target? First, focus on the previous low of $88,300, which is the first support level. If it breaks down effectively, $86,000 will be the next observation point. Of course, there are always variables in the market.

In simple terms, the apparent increase in K-line can be misleading, but the true direction of funds is often more honest. When there is a divergence between data and price trends, staying clear-headed is more important than chasing the rise.

The essence of trading is a probability game, not a casino bet. It is only worth taking action when high win-rate opportunities arise; at other times, waiting is also a form of wisdom. Remember to manage risk well; the market will not change direction because of your position.