#比特币对比代币化黄金 Last night, Bitcoin pulled off a classic move—dropping from 92,200 all the way down, briefly breaking below the psychological level of 90,000, and even plunging to around 89,500. A lot of people probably got spooked, but then the price quickly bounced back, regaining its footing above 90,000. This tactic is very familiar: it’s the old shakeout trick, flushing out weak hands before funds quickly reverse and push the price up.
Looking at the candlestick chart, this dip is actually quite interesting. The 89,500 level has now become a clear bottom support, and it’s a very strong buy zone. What does the deep V-shaped rebound indicate? It shows that plenty of buyers jumped in at the lows—real demand is right there. Since the price is back above 90,000 and holding steady, the previous breakdown has been effectively repaired. In the short term, the trend has shifted from weak to strong, and the bulls have regained control.
As long as the 89,500-90,000 support zone holds, the rebound can continue, with the next resistance levels at 91,500 and 92,200. In the mid-term, the bulls are still in charge.
Trading ideas for reference: BTC—Consider going long around 89,800, targeting 91,500 ETH—Consider going long around 3,100, targeting 3,185
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#比特币对比代币化黄金 Last night, Bitcoin pulled off a classic move—dropping from 92,200 all the way down, briefly breaking below the psychological level of 90,000, and even plunging to around 89,500. A lot of people probably got spooked, but then the price quickly bounced back, regaining its footing above 90,000. This tactic is very familiar: it’s the old shakeout trick, flushing out weak hands before funds quickly reverse and push the price up.
Looking at the candlestick chart, this dip is actually quite interesting. The 89,500 level has now become a clear bottom support, and it’s a very strong buy zone. What does the deep V-shaped rebound indicate? It shows that plenty of buyers jumped in at the lows—real demand is right there. Since the price is back above 90,000 and holding steady, the previous breakdown has been effectively repaired. In the short term, the trend has shifted from weak to strong, and the bulls have regained control.
As long as the 89,500-90,000 support zone holds, the rebound can continue, with the next resistance levels at 91,500 and 92,200. In the mid-term, the bulls are still in charge.
Trading ideas for reference:
BTC—Consider going long around 89,800, targeting 91,500
ETH—Consider going long around 3,100, targeting 3,185
$BTC $ETH