Yesterday, BTC generally moved within a typical range-bound pattern, mainly oscillating around the 90,000-90,450 zone. The rhythm of this kind of market is to buy low and sell high.
Looking at support, the 89,843 level is very critical—multiple touches here resulted in quick rebounds, indicating an intra-day absolute bottom. Only if it truly breaks below the 90,000 integer level will it signal a genuine trend reversal. On the resistance side, 90,617.7 acts as the ceiling that rebounds cannot surpass, with bulls attempting several times but failing to break through.
The actual trading approach isn't complicated. If the price retraces to around 90,100-89,850 and shows reversal candlestick patterns (such as bullish engulfing or hammer lines), a small long position can be established with targets near 90,450-90,600. Conversely, if the price pushes up to 90,450-90,600 and encounters resistance (bearish engulfing or shooting star), it’s time to take profits or try short positions, with downside targets at 90,100-89,800.
Here's a detail—if the price is oscillating narrowly around 90,300 without a clear breakout direction, it’s better to wait patiently rather than trade frequently. Saturday’s market liquidity is generally weaker than usual, making sharp moves more likely, and heavy trading positions can easily lead to pitfalls. Macro news and major fund movements can break this range at any time, so risk awareness must be maintained. $BTC
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NFTHoarder
· 6h ago
Saturday's market is just a pattern of repeatedly getting chopped, and the 90300 level is really annoying. It always gets stuck here and doesn't move.
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AirdropHunterXiao
· 13h ago
Still fluctuating narrowly here on Saturday, I just want to lie flat; frequent operations are just giving money to the exchange.
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NotFinancialAdvice
· 12-13 05:50
Liquidity really drops on Saturday, 99% of people will get liquidated at this time.
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fren.eth
· 12-13 05:50
The 90,000 level is really a bottleneck; the high sell and low buy rhythm needs to be kept up with.
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MetaverseHermit
· 12-13 05:42
The market on Saturday is really frustrating, repeatedly rubbing around 90,000. Everyone who's itching to act better hold back.
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MintMaster
· 12-13 05:38
We've been fighting around 90300 for a long time, it's really about time to come out...
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AirdropHarvester
· 12-13 05:30
This level at 90,000 is really sticky, repeatedly grinding here. Better to stay in cash and wait, rather than be cut by a sudden night spike.
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SudoRm-RfWallet/
· 12-13 05:29
That level at 90,000 is really tough to beat. I watched for half a day yesterday and couldn't get past it. It's a bit frustrating.
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rugdoc.eth
· 12-13 05:22
Saturday, it's better to stay honest and watch the show around 90300; this liquidity really sucks.
#以太坊行情技术解读 Bitcoin Saturday Market Observation Notes
Yesterday, BTC generally moved within a typical range-bound pattern, mainly oscillating around the 90,000-90,450 zone. The rhythm of this kind of market is to buy low and sell high.
Looking at support, the 89,843 level is very critical—multiple touches here resulted in quick rebounds, indicating an intra-day absolute bottom. Only if it truly breaks below the 90,000 integer level will it signal a genuine trend reversal. On the resistance side, 90,617.7 acts as the ceiling that rebounds cannot surpass, with bulls attempting several times but failing to break through.
The actual trading approach isn't complicated. If the price retraces to around 90,100-89,850 and shows reversal candlestick patterns (such as bullish engulfing or hammer lines), a small long position can be established with targets near 90,450-90,600. Conversely, if the price pushes up to 90,450-90,600 and encounters resistance (bearish engulfing or shooting star), it’s time to take profits or try short positions, with downside targets at 90,100-89,800.
Here's a detail—if the price is oscillating narrowly around 90,300 without a clear breakout direction, it’s better to wait patiently rather than trade frequently. Saturday’s market liquidity is generally weaker than usual, making sharp moves more likely, and heavy trading positions can easily lead to pitfalls. Macro news and major fund movements can break this range at any time, so risk awareness must be maintained. $BTC