Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🧊 Sunday midday market outlook: "Extreme low-volume sideways consolidation" above the 90,000 threshold Latest Situation: Dead Calm: Compared to yesterday (Saturday) afternoon’s 90,543, BTC has had almost no substantial movement in the past 20 hours, continuously drifting within a narrow range of 90,500 - 90,800, like a flatline on an ECG. This indicates that the weekend market is extremely lacking in capital participation, with both buyers and sellers waiting and watching. Defense Status: The bulls still firmly defend the psychological bottom at 90,000. Although the rebound is weak (unable to break above 91,200), it has not fallen below either. This "sideways instead of decline" pattern usually indicates waiting for the US stock futures to open on Monday to choose a direction. Weekend Risks: Beware of "Sunday night attacks." Historically, major players like to exploit very thin order books on Sunday night, pushing down near 89,500 to trigger stop-losses on high-leverage longs, then rallying again on Monday morning. 1. Support and Resistance Levels (Precise Calculation) Short-term support (1-3 days, weekend/Monday morning) 90,000 - 90,200: Intraday bottom. This is the last trench for the bulls. It held on Friday and Saturday, and likely will be tested again today. 89,400 - 89,600: Trap support (pinning zone). If the main force performs a "false breakdown," this is the limit for pinning, and also the "golden pit" for aggressive longs. 88,800: Short-term stop-loss line for longs. Falling below this indicates the 90k support is broken, and the price will seek 88k. Medium-term support (1-2 weeks, swing) 88,000: Structural strong support. The ceiling of the previous range, now the most solid floor. 86,000: Trend dividing line between bulls and bears. 84,500: Major structural bottom. Short-term resistance (1-3 days) 91,200 - 91,500: Immediate resistance. The current top of the range. Without additional capital inflow, it’s difficult to break through directly. 92,200: Strong resistance zone. The bottom of the oscillation platform on Wednesday and Thursday. 93,000: Downtrend line resistance. Medium-term resistance (1-2 weeks) 94,415: Previous high resistance. 96,500: Swing upward target. 98,000: Final hurdle before hitting 100,000. 2. Overall Analysis and Best Entry Strategies Overall view: The current 90,641 is in a "calm before the storm." Bullish strategy: Since 90,000 has not been broken, the operational logic remains "long with support at 90k." But considering the poor liquidity over the weekend, avoid heavy positions around 90.6k, and try to set entries lower. Bearish strategy: The downward space is only 600-1000 points, and with strong support at 90k, short-selling is of very low cost-effectiveness and easily hit by rebounds.
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BeHappyInTheFuture
· 7h ago
Hold on tight, we're about to take off 🛫
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BlockchainMoon
· 7h ago
SureHODL💎
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GateUser-870a33ac
· 8h ago
Hold on tight, we're about to take off 🛫
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Astridcy
· 8h ago
Hold on tight, we're about to take off 🛫
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TreasureGourd168
· 9h ago
1.11 Bitcoin Short-term Trading Strategy Reference
Enter short positions at 92500-91500, with a stop loss at 94800 and a target below 91000. Add positions if the price defends at 94800.
Enter long positions at 88500-89500, with a stop loss at 500, and a target above 90000.
1.11 Ethereum Short-term Strategy Reference:
Enter a light short at 3165-3205, with a 30-point stop loss, and a target below 3100.
Enter a long at 2981-2931, with a 30-point stop loss, and a target above 3020.
Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🧊 Sunday midday market outlook: "Extreme low-volume sideways consolidation" above the 90,000 threshold
Latest Situation:
Dead Calm: Compared to yesterday (Saturday) afternoon’s 90,543, BTC has had almost no substantial movement in the past 20 hours, continuously drifting within a narrow range of 90,500 - 90,800, like a flatline on an ECG. This indicates that the weekend market is extremely lacking in capital participation, with both buyers and sellers waiting and watching.
Defense Status: The bulls still firmly defend the psychological bottom at 90,000. Although the rebound is weak (unable to break above 91,200), it has not fallen below either. This "sideways instead of decline" pattern usually indicates waiting for the US stock futures to open on Monday to choose a direction.
Weekend Risks: Beware of "Sunday night attacks." Historically, major players like to exploit very thin order books on Sunday night, pushing down near 89,500 to trigger stop-losses on high-leverage longs, then rallying again on Monday morning.
1. Support and Resistance Levels (Precise Calculation)
Short-term support (1-3 days, weekend/Monday morning)
90,000 - 90,200: Intraday bottom. This is the last trench for the bulls. It held on Friday and Saturday, and likely will be tested again today.
89,400 - 89,600: Trap support (pinning zone). If the main force performs a "false breakdown," this is the limit for pinning, and also the "golden pit" for aggressive longs.
88,800: Short-term stop-loss line for longs. Falling below this indicates the 90k support is broken, and the price will seek 88k.
Medium-term support (1-2 weeks, swing)
88,000: Structural strong support. The ceiling of the previous range, now the most solid floor.
86,000: Trend dividing line between bulls and bears.
84,500: Major structural bottom.
Short-term resistance (1-3 days)
91,200 - 91,500: Immediate resistance. The current top of the range. Without additional capital inflow, it’s difficult to break through directly.
92,200: Strong resistance zone. The bottom of the oscillation platform on Wednesday and Thursday.
93,000: Downtrend line resistance.
Medium-term resistance (1-2 weeks)
94,415: Previous high resistance.
96,500: Swing upward target.
98,000: Final hurdle before hitting 100,000.
2. Overall Analysis and Best Entry Strategies
Overall view: The current 90,641 is in a "calm before the storm."
Bullish strategy: Since 90,000 has not been broken, the operational logic remains "long with support at 90k." But considering the poor liquidity over the weekend, avoid heavy positions around 90.6k, and try to set entries lower.
Bearish strategy: The downward space is only 600-1000 points, and with strong support at 90k, short-selling is of very low cost-effectiveness and easily hit by rebounds.