Bitcoin's recent move has been quite interesting—early morning, it was stuck around 90,100 before rallying, briefly surged to 92,500 then turned around, and by midday, it shrank to 90,400 before stabilizing. The current issue is that on the daily chart, the bullish momentum is clearly weakening, and once the upper shadow appears, it's basically a signal. Looking further down, the 4-hour chart has already shown consecutive declines, and the bearish force on the hourly chart is still continuing to release. Once the middle band is broken, there won't be much support left.
In the short term, the bearish trend is confirmed. The plan for tonight is very clear: short at resistance levels, and enter on a rebound. The key support is at 89,500; if broken, we may need to look below 89,000.
Based on the current trend, here’s the suggested operation:
$BTC: Short in the 90,800-91,300 range, targeting 89,700-88,900
$ETH: Short in the 3,130-3,150 range, targeting 3,080-3,050
Market volatility is high, and with declining volume, it's especially important to control the pace and avoid chasing highs.
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RunWithRugs
· 16h ago
It's the same old story again, bearish bearish, and then they get slapped in the face when it rebounds, haha
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SilentObserver
· 16h ago
You're just hogging the position again, so damn annoying. Buying between 90,100 and 92,500 and then selling back down—this repetitive pattern can make people sick. The bearish signals are so obvious, we really need to hold the 89,500 level and not break it. Otherwise, we're in danger.
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InscriptionGriller
· 16h ago
Still talking about shorting? Be careful, this rebound might just bite you, bro.
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GateUser-40edb63b
· 16h ago
Another bearish signal. I need to keep a close eye on the 90800 level. Last time I followed this logic, I still made a profit.
#Solana行情走势解读 Monday Night Review:
Bitcoin's recent move has been quite interesting—early morning, it was stuck around 90,100 before rallying, briefly surged to 92,500 then turned around, and by midday, it shrank to 90,400 before stabilizing. The current issue is that on the daily chart, the bullish momentum is clearly weakening, and once the upper shadow appears, it's basically a signal. Looking further down, the 4-hour chart has already shown consecutive declines, and the bearish force on the hourly chart is still continuing to release. Once the middle band is broken, there won't be much support left.
In the short term, the bearish trend is confirmed. The plan for tonight is very clear: short at resistance levels, and enter on a rebound. The key support is at 89,500; if broken, we may need to look below 89,000.
Based on the current trend, here’s the suggested operation:
$BTC: Short in the 90,800-91,300 range, targeting 89,700-88,900
$ETH: Short in the 3,130-3,150 range, targeting 3,080-3,050
Market volatility is high, and with declining volume, it's especially important to control the pace and avoid chasing highs.