#美国证券交易委员会推进数字资产监管框架创新 Bitcoin faces a critical test! This round of decline indeed stems from a breakdown of the ascending wedge pattern, and the support line has already been breached. The small V-shaped rebound yesterday? A classic bull trap, many retail investors paid their tuition here—rebounded near 90,000 and then turned around, dropping so quickly that it caught people off guard.
The current situation is: be cautious when bottom-fishing. $BTC shows no signs of stopping its decline; the 8.3-8K range is the real support level to watch. Entering recklessly before reaching this zone is basically throwing money away. A small-scale rebound with decreasing volume? That’s just an illusion. Even a strong rebound is unlikely to surpass 88,000; once momentum weakens, 87,000 will become resistance. These rebound phases are the best windows for shorting—since the trend remains unchanged, short positions are the right move.
The 4-hour chart has already provided a clear signal: consider shorting within the 87,000-88,000 range, targeting 83,000-80,000. More importantly, on the daily chart, the formation indicating a bottom has not yet appeared. If the 83,000-80,000 support level cannot hold, the next risk zone could be around 75,000. $ETH also needs to watch for similar pattern changes. Remember: the trend is the best trading signal; opportunities to short during rebounds are often more valuable than you think.
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#美国证券交易委员会推进数字资产监管框架创新 Bitcoin faces a critical test! This round of decline indeed stems from a breakdown of the ascending wedge pattern, and the support line has already been breached. The small V-shaped rebound yesterday? A classic bull trap, many retail investors paid their tuition here—rebounded near 90,000 and then turned around, dropping so quickly that it caught people off guard.
The current situation is: be cautious when bottom-fishing. $BTC shows no signs of stopping its decline; the 8.3-8K range is the real support level to watch. Entering recklessly before reaching this zone is basically throwing money away. A small-scale rebound with decreasing volume? That’s just an illusion. Even a strong rebound is unlikely to surpass 88,000; once momentum weakens, 87,000 will become resistance. These rebound phases are the best windows for shorting—since the trend remains unchanged, short positions are the right move.
The 4-hour chart has already provided a clear signal: consider shorting within the 87,000-88,000 range, targeting 83,000-80,000. More importantly, on the daily chart, the formation indicating a bottom has not yet appeared. If the 83,000-80,000 support level cannot hold, the next risk zone could be around 75,000. $ETH also needs to watch for similar pattern changes. Remember: the trend is the best trading signal; opportunities to short during rebounds are often more valuable than you think.