#比特币价格上涨 Bitcoin has returned to 90,000? 🚀 Honestly, technical analysis is just technical analysis. There are no new stories; it's just short sellers being squeezed out. The previous outflow of over 1 billion in ETFs was a signal of profit-taking, and this rebound is just mechanical lifting due to options expiration.
The key is whether this rally can break and hold above 90,000; otherwise, it will be a pattern of repeated sell-offs. Let's wait and see if there are any new catalysts later, or if it will just be oscillating within the 86,500-90,000 range for profit-taking 😅
I've said it before, focusing on technical levels is more useful than paying attention to news. Those catalysts touted by KOLs are all nonsense; the price is the hard data. Hey, wait, did any of you get in during this rebound?
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#比特币价格上涨 Bitcoin has returned to 90,000? 🚀 Honestly, technical analysis is just technical analysis. There are no new stories; it's just short sellers being squeezed out. The previous outflow of over 1 billion in ETFs was a signal of profit-taking, and this rebound is just mechanical lifting due to options expiration.
The key is whether this rally can break and hold above 90,000; otherwise, it will be a pattern of repeated sell-offs. Let's wait and see if there are any new catalysts later, or if it will just be oscillating within the 86,500-90,000 range for profit-taking 😅
I've said it before, focusing on technical levels is more useful than paying attention to news. Those catalysts touted by KOLs are all nonsense; the price is the hard data. Hey, wait, did any of you get in during this rebound?