#数字资产市场动态 Look at the 4-hour chart of Bitcoin; the structure is weakening. Each new high is lower than the previous one, and it has already broken below the midline towards the lower band. During the rebound, trading volume is clearly insufficient. This kind of movement is a typical continuation of a downtrend, and the small rebound now is just a technical correction.
The key level to watch above is 90,000 (initial resistance), then higher at 92,000 (midline plus previous support turned into resistance). Below, 88,000 is a short-term support, with the previous low and lower band support around 87,500. If it breaks below 87,500, then 86,000 will be the next level to watch.
The short-term trading strategy is clear: during a rebound near 90,000, avoid chasing longs; consider a small short position. Place the stop-loss above 92,300, with initial targets at 88,000, then 87,500. Unless there is a volume surge and a firm hold above 92,000, there's no need to consider turning to long positions. $BTC $ETH
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BearMarketSunriser
· 9h ago
It's starting to weaken again, and this time it's really going to drop down.
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GasOptimizer
· 9h ago
Breaking or not breaking 90,000 is the key. Based on the data, the trading volume is indeed weak. This rebound is just a pullback mechanism... Small positions can still try shorting and gamble a bit.
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DaoTherapy
· 9h ago
A rebound with insufficient trading volume, this wave is indeed a bit weak.
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quietly_staking
· 9h ago
It's really heartbreaking to say that there's insufficient trading volume; hardly anyone is following the rebound.
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CrossChainMessenger
· 9h ago
A rebound with insufficient trading volume is fake; short positions are indeed attractive.
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Web3Educator
· 9h ago
ngl the volume situation here is what i always tell my students - weak bounces are basically the market whispering "keep shorting" 🚨 90k rejection could be the key inflection point, fundamentally speaking
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BearMarketBard
· 9h ago
It's the same old story, peaks and valleys. We're already tired of it. 88,000 is just a joke. Will it break or not?
#数字资产市场动态 Look at the 4-hour chart of Bitcoin; the structure is weakening. Each new high is lower than the previous one, and it has already broken below the midline towards the lower band. During the rebound, trading volume is clearly insufficient. This kind of movement is a typical continuation of a downtrend, and the small rebound now is just a technical correction.
The key level to watch above is 90,000 (initial resistance), then higher at 92,000 (midline plus previous support turned into resistance). Below, 88,000 is a short-term support, with the previous low and lower band support around 87,500. If it breaks below 87,500, then 86,000 will be the next level to watch.
The short-term trading strategy is clear: during a rebound near 90,000, avoid chasing longs; consider a small short position. Place the stop-loss above 92,300, with initial targets at 88,000, then 87,500. Unless there is a volume surge and a firm hold above 92,000, there's no need to consider turning to long positions. $BTC $ETH