The market came under pressure again after the major economies opened, with Bitcoin's four-hour OBV indicator breaking below the previous consolidation low. This is a clear signal—selling pressure is accumulating. Against the backdrop of the Federal Reserve's repurchase agreement plans and changing global liquidity expectations, the likelihood of a downward breakthrough from the high consolidation zone has significantly increased.



On the technical side, key support is in the range of 87,200 to 87,800. It is recommended to gradually establish short positions on rallies. If this level cannot be effectively held, the next target zone will be around 85,500 to 85,000. There may still be short-term rebound opportunities, but overall, chasing longs requires caution. Conversely, shorting might offer a higher cost-performance ratio.

The asset allocation game between Bitcoin and gold is especially important during periods of shifting financial policies. Paying attention to these technical details can help you seize opportunities at market turning points.
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RugpullAlertOfficervip
· 3h ago
If we can't hold 87200, we're done. With such obvious selling pressure, there are still people chasing longs. I'm speechless.
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Ser_Liquidatedvip
· 3h ago
I am particularly concerned about the 87,200 level. If it breaks, I really will have to liquidate all positions. --- Another short position suggestion. Can this signal really be trusted this time? I said the same last time, and it rebounded. --- OBV broke below the low... It does look a bit fierce, but I still want to wait for a rebound before exiting. --- I don't understand the gold allocation part. Can someone explain how the linkage works? --- Something feels off. Are there any new developments from the Federal Reserve recently? Liquidity is so tight. --- I want to hear about the high cost-performance ratio of short positions, but only if you're truly confident about this breakdown. --- Is the 850 bottom reliable? It feels like there are too many variables in this prediction. --- It would be great if I could really grasp the next market turning point, but missing out all the time is really frustrating. --- Counter-trend shorting sounds easy, but psychological preparation is the real challenge during actual operation.
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HashRateHustlervip
· 4h ago
It feels like the 87,200 level is about to be broken again, and the OBV breaking below the low is indeed a bit suspicious... Whenever I try to short, I usually end up losing a lot; maybe I should just wait and see. I really can't understand the Fed's recent moves. Gold is rising again, but Bitcoin still has to fall? There should be a chance for a rebound after this drop, but in the short term, it's better not to chase. I'm still a bit wary of shorting.
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NotAFinancialAdvicevip
· 4h ago
If 87,200 can't be broken, there's really no point in playing. If this short position gets trapped and can't be exited, it would be quite awkward.
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SnapshotDayLaborervip
· 4h ago
If you can't hold 87,200, you really have to run. Short positions indeed have a high cost-performance ratio.
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StablecoinEnjoyervip
· 4h ago
If you can't hold 87200, you really have to run. OBV looks so ugly that I don't dare to hold more.
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