Bitcoin remains in a high-level wide-range oscillation pattern in the short term, with relatively light trading volume. Buyers and sellers are still repeatedly testing each other. Currently, the key resistance level is in the 89,000 to 89,800 range, which is an important obstacle that the bulls need to break through. If Bitcoin can effectively increase volume, recover, and stabilize above this area, there is a chance for further upward movement in the short term, with targets above 90,500. Conversely, support below needs to focus on the 86,200 to 86,800 range. If this support is broken, market sentiment may weaken. The current market pace is relatively slow, mainly testing levels and consolidating within ranges, waiting for clear signals to emerge.
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DAOdreamer
· 9h ago
Bottoming out, there's not much meaning... Let's wait until 89800 breaks to talk.
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Just testing again, when can we get a clear signal?
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With such light volume, the possibility of the bulls breaking 89000 is not high.
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The next support is 86200. I'll buy the dip as soon as it drops, it's not that complicated.
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The market is really deadening, I'd rather see a decline than this sluggishness.
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Before breaking 90500, they are all scammers, I said so.
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Light trading volume indicates that funds are on the sidelines, waiting for signals. How many times have I heard this?
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I bet it can't break through 89800, too many bears are guarding it.
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The term "bottoming out" is overused; in reality, no one dares to move.
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I added to my position at 86500 support; now just see if it can hold.
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NftRegretMachine
· 9h ago
Another frustrating sideways market, so annoying.
Will 89000 break or not? Can we get a clear answer?
If it drops below 86200, I’ll cut my losses, honestly.
The trading volume this time is too thin, feels like no one wants to take the risk.
Waiting for a signal? Might be waiting until the Year of the Monkey.
90500? Wake up, bro, wait until it surpasses 89800 first.
Feels like wasting time here; might as well check out other coins.
A breakdown is a buying opportunity; that’s just how I see it.
Bottoming out tests patience the most; stay calm, everyone.
Is 86800 the bottom? I don’t believe it anyway.
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GasFeeCryBaby
· 9h ago
Still grinding away... The buyer and seller are really in a tug-of-war. With such light trading volume, you still want to break through 89,800? Dream on, haha.
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rugdoc.eth
· 9h ago
Trading volume is so light, everyone is just bottoming out, 89800 really can't break through
Wait, if 86200 really drops, I should just run
It's the same repeated testing, so annoying, when will there be a definitive signal
Bottoming out, bottoming out, after saying so much, I'm still waiting, I just want to know who will be the first to give in
90500? That's a nice thought, let's first take down 89800 before talking
This market really can't hold up, both buyers and sellers are pretending to be dead
If it breaks support, I will close my position, I won't play psychological games with you anymore
Insufficient trading volume, I will stay on the sidelines, wait for a clear signal before taking action
Bitcoin remains in a high-level wide-range oscillation pattern in the short term, with relatively light trading volume. Buyers and sellers are still repeatedly testing each other. Currently, the key resistance level is in the 89,000 to 89,800 range, which is an important obstacle that the bulls need to break through. If Bitcoin can effectively increase volume, recover, and stabilize above this area, there is a chance for further upward movement in the short term, with targets above 90,500. Conversely, support below needs to focus on the 86,200 to 86,800 range. If this support is broken, market sentiment may weaken. The current market pace is relatively slow, mainly testing levels and consolidating within ranges, waiting for clear signals to emerge.