Bitcoin is in a price range between 85K and 90K, showing a relatively balanced situation between bullish and bearish forces. Frequent V-shaped reversals and rapid fluctuations reflect the main players' chip consolidation—both cleaning up high-leverage positions and targeting short-term funds that rely on right-side chasing.
From the perspective of selling pressure, the force that had been exerting continuous pressure has already become noticeably exhausted within this range. They are neither very willing to continue selling nor able to sell much more. However, this does not mean that buyers hold an absolute advantage; instead, it indicates that the market is in a delicate balance. Under this structure, every subtle change in technical indicators could become a trigger to break the deadlock.
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SybilSlayer
· 18h ago
The main force is consolidating chips, and the latecomers chasing the rally should wake up. This wave of volatility is just a harvest.
Selling pressure is weak but hasn't broken through either, it's indeed an awkward position. Let's see who can't hold on first.
It's another delicate balance, another trigger point. Frankly, it still depends on the news.
85K to 90K keeps fluctuating, short-term traders have already been liquidated almost completely haha.
Wait, is there really someone still chasing at this level?
Chips are consolidating, but the direction remains a mystery. Just keep observing.
Is the disappearance of selling pressure a good sign? I don't think so; it might just be a different tactic to harvest.
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NotFinancialAdvice
· 18h ago
It's mainly about whether we can break 85K. Repeatedly messing around at this level is a bit annoying; it feels like the main players are just playing psychological warfare.
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FloorSweeper
· 18h ago
ngl the 85-90k range is just boring accumulation theater at this point... weak sellers got flushed out already lmao
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RuntimeError
· 18h ago
The main force's recent chip consolidation is really fierce. Partners chasing the rally on the right side probably got hit with quite a bit of leverage.
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Weak selling pressure but buyers also didn't step in? Isn't this just a deadlock, waiting for someone to break first?
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The stalemate between 85-90K can't be broken. No matter how the technicals move, it's just like that.
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Got it. In plain terms, the main force is doing a shakeout. Those caught in the trap should just keep waiting.
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Frequent V-shaped reversals... Who can withstand this? It's dizzying to watch.
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A delicate balance? Sounds like the main force hasn't decided whether to push or pull yet.
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Can't sell out and still stubbornly resist pressure? This market is getting interesting.
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Trading like this in the short term is really deadly. Better to wait for a breakout.
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So now it's just waiting for that "trigger point," but the question is, who knows when it will come?
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The main force doesn't want to sell, nor do they let buyers break through. Just dragging it out like this?
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BridgeJumper
· 18h ago
This V-shaped reversal has got me a bit confused, it feels like the main players are just playing psychological warfare.
You really need to be cautious when chasing the rise; the selling pressure is weak, but that also indicates no one dares to be too aggressive.
Just wait for the trigger point, anyway, this range is just a tug-of-war.
The main players are consolidating their positions, so let's just watch the show.
Actually, it's just the feeling of not knowing where the breakout will happen.
Bitcoin is in a price range between 85K and 90K, showing a relatively balanced situation between bullish and bearish forces. Frequent V-shaped reversals and rapid fluctuations reflect the main players' chip consolidation—both cleaning up high-leverage positions and targeting short-term funds that rely on right-side chasing.
From the perspective of selling pressure, the force that had been exerting continuous pressure has already become noticeably exhausted within this range. They are neither very willing to continue selling nor able to sell much more. However, this does not mean that buyers hold an absolute advantage; instead, it indicates that the market is in a delicate balance. Under this structure, every subtle change in technical indicators could become a trigger to break the deadlock.