#Solana行情走势解读 Recently, Bitcoin's price movement has been a bit awkward — after rebounding to $92,000 yesterday, it failed to hold and dropped back to around $90,500, oscillating repeatedly. If you look closely, you'll notice that the bulls really don't have much desire right now.
The short-term upward trend line has already been broken, and the 5-day and 10-day moving averages are still pressing down from above. The MACD has formed a death cross, with the green energy bars getting thicker; RSI is only 42, a typical sign of a weak market.
On the 4-hour chart, BTC rebounded after falling to the lower Bollinger Band at 89,262, but the trading volume couldn't keep up, and the Bollinger Bands are still contracting — with numerous moving averages stacked above, such a rebound can easily lose momentum midway.
Current strategy: Consider shorting Bitcoin in the range of 91,500 to 92,000, with initial targets at $90,000 to $89,000. $BTC
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GateUser-9ad11037
· 18h ago
92,000 can't hold, this round is really hopeless. The bears still need to keep pressing.
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RadioShackKnight
· 18h ago
92,000 has dropped back again. The bulls really have no strength... I saw this death cross coming a long time ago.
I really don't dare to chase this rebound. The moving averages are so densely packed, it's definitely a bear trap.
The trading volume isn't keeping up, indicating that no one really wants to defend the market. Being bearish is correct.
I feel like the target level of 89,000 can be reached.
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ZKProofEnthusiast
· 18h ago
92,000 can't even hold steady. These multi-party efforts are really dragging down the market. What are the bears waiting for?
#Solana行情走势解读 Recently, Bitcoin's price movement has been a bit awkward — after rebounding to $92,000 yesterday, it failed to hold and dropped back to around $90,500, oscillating repeatedly. If you look closely, you'll notice that the bulls really don't have much desire right now.
The short-term upward trend line has already been broken, and the 5-day and 10-day moving averages are still pressing down from above. The MACD has formed a death cross, with the green energy bars getting thicker; RSI is only 42, a typical sign of a weak market.
On the 4-hour chart, BTC rebounded after falling to the lower Bollinger Band at 89,262, but the trading volume couldn't keep up, and the Bollinger Bands are still contracting — with numerous moving averages stacked above, such a rebound can easily lose momentum midway.
Current strategy: Consider shorting Bitcoin in the range of 91,500 to 92,000, with initial targets at $90,000 to $89,000.
$BTC