BTC's CME gap has not yet been filled, and in the past two days, it has repeatedly retraced around 90.4K-89K. The key point is that as long as the 89K level is not broken, the bullish pattern remains intact.
Looking at the 4H chart makes it clear—this wave of upward movement started near 89K. From the trend of institutional actions, there hasn't been a significant sell-off; instead, it indicates a bullish outlook. Since the main players haven't given up, the long-side logic still holds.
The most intuitive feeling from shorting altcoins yesterday: although the decline wasn't aggressive, it was indeed moving downward, so I started to take partial profits. As long as the judgment is correct, BTC should at least push up to the 97K level.
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AirdropChaser
· 13h ago
89k holding steady, no problem. The main force hasn't backed down yet. Keep waiting and aim for 97k.
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SerumSurfer
· 01-08 06:58
89k holding steady, no problem. The institutions' move still looks like they want to push it up.
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DAOdreamer
· 01-08 06:50
89k must be held, otherwise the bull market is really in trouble
Institutions didn't dump, that's the key, the main force will push up if they want to
Altcoins are falling so weakly, which actually indicates that Bitcoin still has hope
97k is not a dream, but the prerequisite is not to break 89k
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RugDocDetective
· 01-08 06:50
89k, if it doesn't break, there's still hope. The main force indeed has no intention of giving up in this wave.
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SerumSquirrel
· 01-08 06:44
The 89k line is really crucial; breaking it or not will determine whether we can continue to profit later.
BTC's CME gap has not yet been filled, and in the past two days, it has repeatedly retraced around 90.4K-89K. The key point is that as long as the 89K level is not broken, the bullish pattern remains intact.
Looking at the 4H chart makes it clear—this wave of upward movement started near 89K. From the trend of institutional actions, there hasn't been a significant sell-off; instead, it indicates a bullish outlook. Since the main players haven't given up, the long-side logic still holds.
The most intuitive feeling from shorting altcoins yesterday: although the decline wasn't aggressive, it was indeed moving downward, so I started to take partial profits. As long as the judgment is correct, BTC should at least push up to the 97K level.