#美联储降息 Last night's Bitcoin review: The price successfully broke above the previous consolidation zone on the daily chart. This level had been a repeated battleground for the market before the breakout. The post-breakout performance is worth watching — when the price retraced to test this newly broken level, it did not fall below, and closed firmly above. More importantly, during the pullback, the trading volume significantly decreased, indicating that the selling pressure is not fierce, and buying strength is actually quite robust. This technical pattern of a healthy retracement is favorable for the subsequent trend.
Short-term trading strategy: Consider long positions in the 87,300-87,800 range, with a stop-loss set at 86,700. If the price continues to rise, focus on the levels of 90,000, 91,000, 92,000, and 93,000. You can take partial profits at these levels. $BTC
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VirtualRichDream
· 16h ago
Hmm, this round is indeed interesting. When trading volume aligns, it's the most foolproof way to avoid being deceived.
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LongTermDreamer
· 12-16 10:40
87800 has finally stabilized, to be honest, I've been waiting for this moment for three years haha. The cyclical theory tells me not to be timid at this point. Confirming a pullback? That means the heavens are helping us bottom out, and the shrinking trading volume is even more heartbreaking, indicating that holders are holding on tightly and no one is selling. I've already marked the 86700 support line; let's just consider this my "tuition insurance"—losing only a few dollars. I'm waiting to see the story of 93000.
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HodlVeteran
· 12-14 20:00
Uh, this wave does indeed look a bit similar... But brother, I saw this kind of "volume confirmation" back in 2017, and what happened? It directly dove. Brothers who entered at 87,300, remember to hold your stop-loss and don't shake your hands. It's a painful lesson I learned the hard way.
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MetaverseVagrant
· 12-14 19:58
87300 is indeed a sweet spot. The shrinking volume and pullback are just eating up traders. I have already laid my trap.
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gas_fee_therapist
· 12-14 19:56
I have already taken the position at 87,300. The volume contraction is real, and I feel there’s no problem pushing towards 93K later.
#美联储降息 Last night's Bitcoin review: The price successfully broke above the previous consolidation zone on the daily chart. This level had been a repeated battleground for the market before the breakout. The post-breakout performance is worth watching — when the price retraced to test this newly broken level, it did not fall below, and closed firmly above. More importantly, during the pullback, the trading volume significantly decreased, indicating that the selling pressure is not fierce, and buying strength is actually quite robust. This technical pattern of a healthy retracement is favorable for the subsequent trend.
Short-term trading strategy: Consider long positions in the 87,300-87,800 range, with a stop-loss set at 86,700. If the price continues to rise, focus on the levels of 90,000, 91,000, 92,000, and 93,000. You can take partial profits at these levels. $BTC