From the current market rhythm, Bitcoin clearly appears to be struggling as it attempts to break the 90,000 level. The price has repeatedly tested near 90,000, but whenever it touches the middle band of the Bollinger Bands, it quickly encounters selling pressure and pulls back. This "touch and fall" pattern has already clearly reflected the current weakening of bullish momentum.
Overall, today's market is likely to remain in a sideways and slightly weak pattern. The rebound strength is limited, and the resistance above is very clear. Therefore, the main trading strategy remains "short on rebounds." As the weekend approaches, market trading sentiment tends to become cautious, and liquidity may shrink. This stage is not suitable for blindly chasing longs, especially before any clear breakout signals.
Operationally, it is recommended to stay prudent, take profits when appropriate, and secure gains without being fooled by short-term upward movements.
Bitcoin Suggestions: • When rebounding to around 90,500—91,500, consider taking the opportunity to short based on market strength or weakness • First target around 88,000; if broken, further look towards 87,000 $BTC $GT $ETH #加密市场回调 #欧美关税风波冲击市场 #加密市场观察 #Gate广场创作者新春激励
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1.23 Bitcoin Silk Road Sharing
From the current market rhythm, Bitcoin clearly appears to be struggling as it attempts to break the 90,000 level. The price has repeatedly tested near 90,000, but whenever it touches the middle band of the Bollinger Bands, it quickly encounters selling pressure and pulls back. This "touch and fall" pattern has already clearly reflected the current weakening of bullish momentum.
Overall, today's market is likely to remain in a sideways and slightly weak pattern. The rebound strength is limited, and the resistance above is very clear. Therefore, the main trading strategy remains "short on rebounds."
As the weekend approaches, market trading sentiment tends to become cautious, and liquidity may shrink. This stage is not suitable for blindly chasing longs, especially before any clear breakout signals.
Operationally, it is recommended to stay prudent, take profits when appropriate, and secure gains without being fooled by short-term upward movements.
Bitcoin Suggestions:
• When rebounding to around 90,500—91,500, consider taking the opportunity to short based on market strength or weakness
• First target around 88,000; if broken, further look towards 87,000
$BTC $GT $ETH
#加密市场回调 #欧美关税风波冲击市场 #加密市场观察 #Gate广场创作者新春激励