The current market situation is particularly complicated—prices are repeatedly testing around $95,000, and neither bulls nor bears can claim victory. A pattern with a top above and a bottom below has already formed, and short-term pullback pressure indeed exists, but continuous influxes of institutional funds have provided significant support at the bottom.



The MACD indicator currently shows no clear direction, and the midline on the 4-hour chart is strongly pressing down on the price. At such times, it's easy to get caught in a trap. It is recommended not to be too aggressive—if the price pulls back to the support level of 94,400 and does not break below, then consider trying long positions, with targets in the range of 95,800 to 96,300.

The key is to be disciplined when the rebound approaches around 96,000—take profits when the move looks good and avoid greed. Only after the price truly stabilizes above the USDT resistance level of 96,581 should you consider adding positions or chasing longs. This way, risks can be better managed.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
alpha_leakervip
· 9h ago
94,400 not broken yet, only then consider getting in? Feels like the bottom hasn't been reached in this wave.
View OriginalReply0
ProtocolRebelvip
· 9h ago
If 94400 can't hold, then this wave is really panic... Institutions are stacking at the bottom, it doesn't seem that simple.
View OriginalReply0
ChainWallflowervip
· 9h ago
Breaking 94,400 is a big deal. If it breaks, we'll just wait and see. Anyway, institutions are accumulating at the bottom.
View OriginalReply0
GoldDiggerDuckvip
· 9h ago
95000 tokens here are really annoying. Institutions keep buying at the bottom, when will we small retail investors finally get to enjoy the gains?
View OriginalReply0
StakoorNeverSleepsvip
· 9h ago
95000 at this position is really annoying, feels like it's repeatedly tormenting people right there.
View OriginalReply0
OptionWhisperervip
· 9h ago
95000 this pit is a bit deep, institutions are accumulating at the bottom, don't rush to buy in
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)