Recently, this wave of market movement has indeed shown strong support around 95,000. Yesterday's rebound had about 800 points of room, but a close look at the rebound rhythm over the past two days shows that the momentum has clearly weakened. Today, the market still has some support at 95,000, but my judgment is that it will weaken further tonight.
The resistance levels above have basically reached the expected positions. The main event rhythm of this week has been largely released, and the continuation of the rebound is weakening. If there are no unexpected positive news, trading opportunities in the next two days may not be too many.
From a technical perspective: - Resistance above is in the 96,800-97,200 range - Support below is in the 94,300-94,600 range - Currently, the bulls are still in control, but conservatively, long positions can be arranged around 94,000
The market is still bullish, but the fading rebound strength warrants caution. Tonight's final wave of volatility will depend on the market's performance. Wishing everyone smooth bottom fishing!
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MEVHunter
· 7h ago
nah the 95k support's already showing cracks... that momentum decay is textbook sandwich setup territory if you ask me. watching the mempool timing on this bounce, something feels off about the distribution pattern here
Reply0
PortfolioAlert
· 7h ago
Hey, this wave of market movement is indeed weak, and the rebound is so feeble that it's obvious at a glance.
I also want to buy at 94,000, but I'm afraid of catching it halfway up the mountain.
This support at 95,000 will probably break sooner or later, right?
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OffchainOracle
· 7h ago
The 95,000 support level is indeed tough, but the rebound lacks strength. You can feel it these past couple of days.
#美国核心物价涨幅不及市场预估 Let's talk about the trading opportunities for $BTC tonight.
Recently, this wave of market movement has indeed shown strong support around 95,000. Yesterday's rebound had about 800 points of room, but a close look at the rebound rhythm over the past two days shows that the momentum has clearly weakened. Today, the market still has some support at 95,000, but my judgment is that it will weaken further tonight.
The resistance levels above have basically reached the expected positions. The main event rhythm of this week has been largely released, and the continuation of the rebound is weakening. If there are no unexpected positive news, trading opportunities in the next two days may not be too many.
From a technical perspective:
- Resistance above is in the 96,800-97,200 range
- Support below is in the 94,300-94,600 range
- Currently, the bulls are still in control, but conservatively, long positions can be arranged around 94,000
The market is still bullish, but the fading rebound strength warrants caution. Tonight's final wave of volatility will depend on the market's performance. Wishing everyone smooth bottom fishing!