Follow up on the latest operational ideas for Bitcoin.
The short-term volatility has come to an end, and now the price is in a retracement phase. Looking at the chart, it shows a typical triangle convergence pattern with signs of a breakout. However, this rebound has been too rapid, making it unlikely to stabilize—this is the core issue.
From a risk-reward perspective, the current price range of 89,000-90,000 is a relatively good short-selling point, with a stop-loss set at 91,000. The short-term small-scale rally has already entered an accelerated upward mode, which usually indicates a stronger tendency for a false breakout rather than a genuine breakthrough signal. Also, pay attention to the 90,000 level, which is a widely recognized strong resistance zone recently. The selling pressure here is never light—trying to break through in one go? That’s almost impossible.
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SolidityJester
· 7h ago
The 90,000 mark is really insurmountable; it always gets knocked down every time.
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bridge_anxiety
· 7h ago
It's unsettling how quickly it rebounds; the 90,000 level is really tough.
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ForkItAllDay
· 7h ago
This rebound is indeed too rapid, it feels like paving the way for the bears.
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PretendingSerious
· 7h ago
Coming back with the trap again? The 90,000 level has long been solid, and the rapid rebound makes it even more dangerous.
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MetaverseMortgage
· 7h ago
Is the 90,000 threshold about to be broken again? I'm already tired of this routine.
Follow up on the latest operational ideas for Bitcoin.
The short-term volatility has come to an end, and now the price is in a retracement phase. Looking at the chart, it shows a typical triangle convergence pattern with signs of a breakout. However, this rebound has been too rapid, making it unlikely to stabilize—this is the core issue.
From a risk-reward perspective, the current price range of 89,000-90,000 is a relatively good short-selling point, with a stop-loss set at 91,000. The short-term small-scale rally has already entered an accelerated upward mode, which usually indicates a stronger tendency for a false breakout rather than a genuine breakthrough signal. Also, pay attention to the 90,000 level, which is a widely recognized strong resistance zone recently. The selling pressure here is never light—trying to break through in one go? That’s almost impossible.