Bitcoin is currently experiencing a steady short squeeze market; to maintain this short squeeze trend, the short-term support limit is at 92,400. Bearish outlook is possible, but opening short positions requires caution. After all, this support boundary cannot guarantee 100% accuracy. The short-term range of 93,200-92,400 yesterday was controllable and is only a super short-term opportunity. Once it becomes outdated and invalid, whether the price pushes up to 93,200 or not, the theoretical target point remains the same—either the short squeeze continues or fails. In practice, after quickly hitting 92,400, the price immediately breaks upward to continue the squeeze. In this kind of market condition, it’s best to only participate in long positions; try to avoid shorting in the very short term, as the cycle is too brief and you might get caught halfway. #比特币 #

BTC-1,35%
View Original
post-image
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)