Bitcoin experienced a strong rebound on Monday morning, with the price stabilizing above the 89,000 level. This rally can be said to have cleared the haze caused by the false breakout last Friday. After a slow climb during the weekend when trading volume contracted, the bulls finally found an opportunity to exert force.
The most critical change occurred in the 88,000 to 88,200 range — from last week's resistance ceiling to now becoming the support floor. This role reversal is highly significant, marking a fundamental shift in market sentiment. The price levels that once left the bulls breathless have now become their strongest defense.
The morning surge on Monday clearly illustrates the point. According to market principles, the opening performance often hints at the main trend for the entire week. Since the main capital chose a strong breakout during the Asian session, the next target is quite clear — the 90,500 watershed level. As long as the price does not fall below 88,200 intraday, the logic of a unilateral upward trend remains intact.
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MetaverseVagabond
· 11h ago
If I can't break 88200, I'll go all in. Anyway, I can't lose many more kidneys.
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CrashHotline
· 11h ago
Once 88,200 is broken, it's over. Stop bragging.
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StopLossMaster
· 11h ago
The 88,200 hurdle has really been stuck for a long time, but it's finally broken through.
Bitcoin experienced a strong rebound on Monday morning, with the price stabilizing above the 89,000 level. This rally can be said to have cleared the haze caused by the false breakout last Friday. After a slow climb during the weekend when trading volume contracted, the bulls finally found an opportunity to exert force.
The most critical change occurred in the 88,000 to 88,200 range — from last week's resistance ceiling to now becoming the support floor. This role reversal is highly significant, marking a fundamental shift in market sentiment. The price levels that once left the bulls breathless have now become their strongest defense.
The morning surge on Monday clearly illustrates the point. According to market principles, the opening performance often hints at the main trend for the entire week. Since the main capital chose a strong breakout during the Asian session, the next target is quite clear — the 90,500 watershed level. As long as the price does not fall below 88,200 intraday, the logic of a unilateral upward trend remains intact.