BTC has been unable to stabilize above $90,000, weighed down by a slight pullback on Nasdaq. Honestly, even if it breaks through this integer level over the weekend, it doesn't necessarily mean it can hold after the US stock market opens on Monday. However, if there is room for an increase over the weekend, it will definitely boost market sentiment.



From the fundamentals of Bitcoin, the turnover rate remains high, and trading volume is also good, reflecting that investors will return to work next week and liquidity will gradually recover. The rebound on Friday was also quite good; although it hasn't stabilized above $90,000, there shouldn't be any surprises over the weekend.

Next week, focus on the impact of macro and political events on the market, as support levels will also be adjusted. After this adjustment is completed, the market should enter a relatively stable phase.

Currently, Bitcoin is in a mid-term high-level oscillation and gradual retracement pattern—a long upper shadow on the weekly chart, with resistance above and support below. The daily chart is in the process of correction, and within 4 hours, it is repeatedly fluctuating in the range of 89,400-90,200. There is capital support when it falls, and when it rises, someone will sell. It looks more like a short-term game of high selling and low buying rather than trend-driven movement.

The core intraday resistance is around 90,300-90,500. Although last night it spiked to 90,900, the hourly chart failed to stabilize, so it wasn't an effective breakout. The main support level is at 90,000. Therefore, the recent operation will follow a sideways strategy, focusing on the 1-hour closing performance at 90,000 to determine the subsequent direction.
BTC1.51%
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GateUser-9f682d4cvip
· 22h ago
It's that 90,000 curse again. Will it go up over the weekend? Anyway, if it opens on Monday and gets pushed down again, that's just how it is.
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TxFailedvip
· 22h ago
honestly the 90k psychological level is just traders playing ping pong... seen this movie before, doesn't end well for fomo buyers lmao
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Web3ExplorerLinvip
· 22h ago
hypothesis: this 90k level is basically the silk road checkpoint rn—everyone's waiting to see if caravans make it through or get stuck again
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AirdropATMvip
· 22h ago
Once again, it's that 90,000 hurdle, really annoying. --- When Nasdaq sneezes, BTC catches a cold. We're in the same boat. --- Pulling a wave of sentiment over the weekend, and it still crashes on Monday? I've seen this routine too many times. --- The high-level bag-holder remains calm; anyway, we don't expect it to fly straight. --- Between 89,400 and 90,200, chopping back and forth—that's the scene of the big buy low, sell high contest. --- If support can't hold, it gets even worse. Don't be caught off guard with another sudden drop. --- Waiting for policy implementation; right now, anything said is just floating clouds. --- The trading volume is decent, so let's continue with the oscillation. Anyway, no profit to be made. --- Around 90,300-90,500, it's going to be a meat grinder again. --- With such a long upper shadow on the weekly chart, is it a sign of a top? Still, we should be cautious.
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