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Bitcoin is consolidating right at a key resistance level after breaking through it earlier. This pullback actually presents an interesting setup—my buy signal triggered at this exact zone, which is the setup I favor most.
I've positioned with 50% of my trading capital on a 2x leverage long entry at the $88K level, with my stop-loss anchored at $86K to manage downside risk. The technical setup here looks solid, and I'm watching to see if we get the follow-through move.
The broader market backdrop with $ETH and other major alts also deserves attention as they track BTC's momentum. Looking at the bigger picture, how are traders positioning around these levels? Interested to hear what your strategy is for this current consolidation phase.