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Bitcoin Latest Market Analysis + Support and Resistance Levels Share!!! #BTC $BTC
🚨 Red Alert: The life-and-death battle at the 90,000 level, bulls have no retreat
Latest Situation:
Prophecy Comes True: The warning we gave during our analysis this morning (at 91,220) about “retesting the 90,000 level on Friday” is happening precisely. After the US stock market opened, with tech stocks fluctuating, BTC was pressured by bears and touched the 90,000 edge (currently quoted at 90,074), just a hair away from breaking below.
Key Battle: The current 90,000 is not just a number; it is the psychological bottom line for bulls this week. If it is effectively broken and closes below 90,000 tonight, the market early next week will turn into a “deep correction,” targeting 88,000.
Pin Risk: Late Friday night, major players like to exploit the “weekend fear psychology,” deliberately piercing below 90,000 (for example, dropping to 89,500) to trigger stop-losses of bulls, then quickly recover. Tonight is a high-risk period for “pinning” and “liquidations.”
1. Support and Resistance Levels (Precise Calculation)
Short-term support (1-3 days, weekend/Intraday)
89,400 - 89,600: Anti-fraud support line (pinning limit). If major players want to create panic, they will break through 90k down to here. This is the best position for aggressive bulls to catch flying knives.
88,800: Intraday limit. If broken, it indicates that 90k is thoroughly lost, and the market will collapse short-term.
88,000: Strong support (top of the range). The upper boundary of the previous oscillation zone, also the ultimate defense line for a correction.
Medium-term support (1-2 weeks, swing)
86,000: The dividing line between bullish and bearish trends.
84,500: Structural bottom.
82,000: 50-day moving average support.
Short-term resistance (1-3 days)
90,800: Immediate resistance. The recent bottom of the small platform that was just broken, now becomes the first barrier for a rebound.
91,500: Intraday bull-bear dividing line. Reclaiming this level relieves the crisis.
92,200: Short-term strong resistance.
Medium-term resistance (1-2 weeks)
93,500: Downtrend line resistance.
94,415: Previous high resistance.
96,000: New high target.
2. Overall Analysis and Best Entry Strategy
Overall View: The current price at 90,074 is on the “edge of the cliff.”
Bullish Logic: All technical indicators are signaling oversold, and 90,000 is a very strong psychological support. Buying a rebound here offers a high risk-reward ratio (small stop-loss, large rebound potential).
Bearish Logic: The trend is accelerating downward with strong momentum. While shorting now follows the trend, there is a risk of support levels bouncing back at any time. It is recommended to short on rebounds rather than chasing the market at current prices.