Bitcoin continues to trade sideways at high levels today. From the daily chart perspective, the previous candlesticks received support from the seven-day moving average and closed with bullish candles, indicating that the bulls still have strength.
After the market opened in the morning, it moved within a narrow range, and the Bollinger Bands only slightly widened. The short-term moving averages continued to trend upward, all signs pointing to bullish dominance.
From an operational standpoint, the current price between 89,200 and 89,700 is suitable for long positions, with a stop-loss at 88,600. As for the upper targets, first look at 91,500, then 93,500, 94,500, and ultimately around 96,000. For each target, consider taking partial profits and adjusting positions flexibly.
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AirDropMissed
· 01-10 14:48
The bulls are still interesting, but can this high-level consolidation really break through...
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SatoshiSherpa
· 01-10 12:14
Hmm, it seems the bulls are not giving up yet. It's just a bit annoying that the price keeps stalling at this high level. When will there be a real breakout?
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SignatureVerifier
· 01-08 18:30
ngl, the whole "multi-target exit strategy" thing feels like security theater when you haven't validated the underlying data sources. technically speaking, what's the actual auditing on these support levels? insufficient validation if you ask me... but sure, 89200-89700 entry looks statistically plausible i guess
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WalletInspector
· 01-08 09:00
89200 is indeed an interesting level, the bullish sentiment is still there.
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PebbleHander
· 01-08 08:56
The bulls are actually quite resilient, but I need to take another look at the 89200-89700 range. I still feel that a breakthrough above 91500 is necessary to truly feel at ease.
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Degen4Breakfast
· 01-08 08:46
89,200 to go long? I've already ambushed at 89,500, just waiting for this wave to break through 96,000.
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SchrodingerWallet
· 01-08 08:46
89,200 entry is indeed good, but can this rebound reach 96,000? I have a feeling it's a bit mysterious.
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OfflineNewbie
· 01-08 08:39
Hmm, that's interesting. The bulls still seem able to hold their ground in this wave.
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LowCapGemHunter
· 01-08 08:39
High-level fluctuations are back again, it's always the same routine. I bet it still needs to push through.
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CryptoMom
· 01-08 08:34
Still dragging along at high levels, this wave is just waiting for the patient to come in and buy the dip.
Bitcoin continues to trade sideways at high levels today. From the daily chart perspective, the previous candlesticks received support from the seven-day moving average and closed with bullish candles, indicating that the bulls still have strength.
After the market opened in the morning, it moved within a narrow range, and the Bollinger Bands only slightly widened. The short-term moving averages continued to trend upward, all signs pointing to bullish dominance.
From an operational standpoint, the current price between 89,200 and 89,700 is suitable for long positions, with a stop-loss at 88,600. As for the upper targets, first look at 91,500, then 93,500, 94,500, and ultimately around 96,000. For each target, consider taking partial profits and adjusting positions flexibly.