Bitcoin is currently quoted at $95,153, which is indeed a bit of an awkward position. From recent trends, BTC has been locked in a range between $94,000 and $98,000, repeatedly oscillating with no clear direction, but overall leaning towards a bullish trend—the problem is that the momentum for upward movement is clearly weakening.



Breaking through the $98,000 barrier is not easy. This level has become a key resistance on the weekly chart. If it can be broken, there will be more confidence to push towards $100,000. In the short term, attention should be paid to three resistance points at $95,700, $97,100, and $97,900, any of which could hinder the rebound.

Looking at support levels below, they are at $94,500, $92,900, and $91,700. If the $94,000 support is accidentally broken, the price may need to retest the $92,000 to $93,000 range to stabilize.

The most noteworthy aspect is the movement of institutional funds. The US spot Bitcoin ETF has been somewhat indifferent recently, with net outflows of $1.128 billion over three days, essentially wiping out the gains made earlier this year. This indicates that large funds lack confidence in the market’s outlook, and a typical tactical rotation is occurring—some are entering, some are exiting, and no one can predict who will dominate next.

From a technical perspective, the situation has become more complex. Although the daily MACD is still expanding, it has entered a contraction phase. The four-hour Bollinger Bands are beginning to narrow, and moving averages are intertwined, all signaling an increasing risk of a trend reversal. The RSI indicator is approaching overbought territory, which means a correction could happen at any time.

In practical trading, it is recommended to buy low and sell high within the $94,000 to $98,000 range, capturing oscillation opportunities. If the price truly breaks through $98,000, follow the trend and go long. Conversely, if it falls below $94,000, stay alert, manage risks carefully, and prepare for a possible correction. The key point is to strictly control position sizes, set stop-loss orders properly, and avoid being fooled by short-term market fluctuations—chasing highs and selling lows is the easiest trap in the crypto market.

It should be emphasized that cryptocurrencies are highly volatile. The analysis provided here is only a reference based on the current market state and should not be considered investment advice. Everyone’s risk tolerance is different, so make decisions rationally based on your own situation.
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DataChiefvip
· 6h ago
Still messing around in the dead zone of 94,000-98,000, so annoying --- Institutional net outflow of 1.128 billion? That’s what you call lack of confidence. Wake up, everyone --- Talking about buying low and selling high easily, but who can really grasp this rhythm when actually trading? Anyway, I often get caught out --- RSI is almost overbought, yet some still dare to chase longs. That’s what you call a self-inflicted pullback --- The technicals look a bit risky, but 100,000 is right in front of us. Who can resist the temptation? --- I’ve fallen for all three points at 9.57, 9.71, and 9.79. A bloody lesson, everyone --- Basically, there’s no consensus. Major institutions are all watching, and retail traders are just being harvested --- If it can’t break 9.8, I’ll keep it locked in the little black box. If this market keeps messing around, I might get depressed
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not_your_keysvip
· 6h ago
Institutions are dumping, this is outrageous. Wait, you said buy high and sell low, but who can accurately grasp this unpredictable market? Is it bullish or just oscillating? Even the analysts seem uncertain. Is the $98,000 barrier really that tough? It feels like it can't be broken. RSI is overbought, and they're still talking about following the trend. That logic doesn't seem right. The gains at the beginning of the year are exhausted; looks like we have to wait for the next wave. ETF continuous net outflows, the big players have already run away. Chopping chives back and forth between 9.4 and 9.8, how are retail investors supposed to play? Telling people to set stop-losses properly is annoying; I've already set a stop-loss once.
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GateUser-c802f0e8vip
· 6h ago
Institutions are smashing, this isn't something you can just understand and buy the dip. --- 98,000 is just a paper tiger, it won't break. --- RSI is overbought and still bullish, be careful of flying knives, buddy. --- Always talking about selling high and buying low, but are you getting cut every time? I might as well just go to sleep. --- ETF net outflow is 1.128 billion, indicating that smart money is already fleeing. --- If 94,000 can't hold, it will drop directly to 92,000, not surprising at all. --- Bollinger Bands are narrowing and the moving averages are tangled, isn't this a sign of a trend reversal? --- The ten-thousand mark is so tough, breaking through it is no easy feat. --- "Reference ideas are not investment advice," hearing this makes me feel at ease. --- What happened to those swing traders? Did they get cut at 95,700? Haha. --- This position is indeed awkward now, more bulls than bears or vice versa. --- Big funds have withdrawn, and retail investors still dare to enter? This is a bottom trap.
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HallucinationGrowervip
· 6h ago
Institutions are running away, I'm just here waiting to buy the dip ETF has been declining for three days in a row, I'm really getting anxious If we can't hold the 9.4 level, it's game over Talking about buying high and selling low is easy, but a shaky hand means losing everything Waiting for a breakthrough of 100,000, and then you'll have to queue up to enter the market
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StakeWhisperervip
· 6h ago
This position is indeed awkward, it's that feeling of being stuck and unable to move. Institutions are selling coins, to put it plainly, no one dares to take over. If it can't break 98,000, the 100,000 dream will have to wait a bit longer. ETF outflows exceed one billion, this number looks quite significant. Buy low and sell high is the way to go, don't think about going all in at once. RSI is overbought and you still want to chase, isn't that asking for trouble? Remember those support level numbers, if it drops, you need to catch and hold well. Large funds' recent operations are indeed a bit timid. Once it drops below 94,000, it won't be that simple anymore.
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FlashLoanLordvip
· 7h ago
Institutions are dumping, and retail investors are still catching the bag in this wave. Wait, if 98,000 can't be broken, will there really be a crash? High and low buying sounds simple, but in practice, you're repeatedly getting trapped. It's RSI overbought again, and Bollinger Bands are narrowing—same old story. Is $100,000 really that difficult? Feels like it's not far away. 1.128 billion in outflows—this number is a bit scary. It's all about betting and game theory—who runs first. Setting stop-losses properly is correct; last time, I didn't heed the advice.
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