Recently, BTC has been moving according to the expected pace, and today we've reached another critical technical level. The market may be brewing a rapid adjustment wave, with a significant pullback cycle potentially completing in the short term. If you catch the right timing, there are quite a few opportunities.
From a bearish perspective, the key resistance level is at 93500. If it breaks below, the second line of defense falls to 93000, and if it continues lower, 92000 is a point to watch. Once the 93000 level is breached, we need to see if 91300 can hold the pressure—this is an important psychological level. If that also breaks, then 90400 becomes the next critical support line, with potentially larger downside after a break.
Conversely, from a bullish perspective, 90400 as the first target support level needs to hold, with 91300 as the second support. These two positions are very critical. Looking upward, 92000 is the target level. If there's a rebound near the support levels and it breaks through the 93000 resistance, then we need to watch 95500—this is a very strong technical resistance level where significant selling pressure has historically appeared frequently.
Of course, these are just inferences based on K-lines and key price levels; the actual market action depends on real-time performance. Investment carries risks; everyone should make their own judgment.
Recently, BTC has been moving according to the expected pace, and today we've reached another critical technical level. The market may be brewing a rapid adjustment wave, with a significant pullback cycle potentially completing in the short term. If you catch the right timing, there are quite a few opportunities.
From a bearish perspective, the key resistance level is at 93500. If it breaks below, the second line of defense falls to 93000, and if it continues lower, 92000 is a point to watch. Once the 93000 level is breached, we need to see if 91300 can hold the pressure—this is an important psychological level. If that also breaks, then 90400 becomes the next critical support line, with potentially larger downside after a break.
Conversely, from a bullish perspective, 90400 as the first target support level needs to hold, with 91300 as the second support. These two positions are very critical. Looking upward, 92000 is the target level. If there's a rebound near the support levels and it breaks through the 93000 resistance, then we need to watch 95500—this is a very strong technical resistance level where significant selling pressure has historically appeared frequently.
Of course, these are just inferences based on K-lines and key price levels; the actual market action depends on real-time performance. Investment carries risks; everyone should make their own judgment.