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Looking at Bitcoin's recent market trend, every time it seems to be about to pull back, the short-term moving averages just hold it up. This kind of approach clearly indicates that the main players are shaking out the market—dropping prices to scare people, with the real goal of handing over chips to those quick-reacting bulls.
In such a steep one-sided upward trend, who would dare to open a short position? That would just be giving away transaction fees to the exchange. Instead of overthinking, it's better to follow the rhythm.
From a technical perspective, the current logic is simple: go long, and do so with confidence.
In practical terms, you can consider building long positions below the key support at 88,500. The initial target is resistance around 90,200, and then 91,500 is also a good profit-taking level. That's how the market works—follow the mainstream direction, and the chances of making a profit are actually higher.