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Bitcoin's recent trend has become somewhat tricky. After breaking through the downtrend line earlier, I’ve been watching the 90600 level. As long as this support-resistance flip holds steady, the probability of an upward move remains quite high. Unfortunately, now BTC has broken below an important support zone, and after retesting, it hasn't managed to recover—this indicates a problem.
Currently, the trend is clearly bearish. The probability of a decline is quite significant. For long positions, 87700 is a clear stop-loss point; once it’s broken, it’s time to exit.
There are two key support levels to watch next: 84955 and 83700. If these levels can hold and clear bullish signals appear, then consider entering. But if this area is directly broken, there’s still another line of defense— the support zone between 81300 and 80607.
Honestly, BTC is currently stuck at this level, and I prefer to stay on the sidelines. Until stronger confirmation signals appear, I won’t consider taking long positions.