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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.
Long position stop loss at 87700, remember this level, otherwise it's easy to get trapped.
If 84955 cannot hold, it's dangerous and may head straight to 80607.
Doing anything now is less reliable than waiting for a signal; reckless actions will only lead to losses.
This wave of market movement is about watching first and earning later. Acting too quickly may lead to being proven wrong.
Wait and see if it can rebound at a key level; if it can't rebound, continue with a bearish mindset.
It feels like BTC still needs to fall further before finding the bottom, no rush.
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Another round of sharp decline, the bulls really can't hold on anymore, selling at 87700 is probably too risky.
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Watching and waiting, don't say you saw through it, let's wait and see.
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This BTC movement is really annoying, support levels are dropping one after another, when will the bottom come?
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81300 is about to be lost? That would be really troublesome.
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Still the same advice, if there's no clear signal, stay flat and don't get shaken out.
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If 84955 can't hold, it will drop straight down, this wave is really fierce.
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When the trend is bearish, you should stop. Not every market needs to bottom fish.
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After breaking 90600, there's no hope left. Now it's only a gamble whether the support can hold.
87700 needs to hold, or else you'll really have to cut losses
Can it rebound at 84955? Looks a bit uncertain
It's better to wait and see; entering now is just giving away money
I don't know how low it will go before hitting the bottom, feeling panicked
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90600 can't hold, just admit defeat. What are you still hesitating for?
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Getting stuck here is torture. I'll wait for a signal too.
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Once 87700 is broken, it will explode directly. It's too risky, not playing.
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I feel like I should try 84955, or just keep lying flat and watching.
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Such a harsh break, how many defense lines are left?
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Weren't we supposed to rebound? Instead, it played reverse directly.
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This move looks very steady, but in reality, it's just waiting to die.
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Let's see if 81300 can hold first. If not, just admit defeat completely.
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What support or resistance? Right now, it's just smashing downward nonstop.
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A drop below 87,700 directly leads to losses, making it hard to sleep.
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Just watch and wait, anyway, if there's no signal, don't make reckless moves.
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Feels like it will continue to drop, and the bottom might be lower than expected.
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I think the 84,955 support line is shaky; 80,600 is the real bottom.
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It's both watching and stop-lossing; this market trend is really frustrating.
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Breaking the support zone and still wanting to go long? Come on, the bears aren't done yet.
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Wait, only a few days since 90,600; how many times does it need to retest?
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Damn, with the trend still bearish, studying support levels is pointless; might as well go all-in short.
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Not acting without a confirmed signal, I respect this approach.