Currently stuck at the resistance level of 89,500-90,500. If there's a rebound, the bears will continue to position, with the key support above 91,000.
Looking at the 1-hour, 4-hour, and daily charts, honestly, there are no signs of reversal. Without reversal signals, there's no reason to chase long positions. Trading is like this—you have to let the charts speak, not rely on feelings or imagination.
The short-term target points to the previous low, likely around 80,000. As long as the critical level of 91,000 is not broken, the strategy remains unchanged.
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CrossChainBreather
· 22h ago
Charts don't lie, but they can be the best at deceiving money🤷
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SchrodingersPaper
· 22h ago
Damn, it's this 9.1 positioning again. I'm already tired of it... Short positions are just a joke, I'm just worried it'll suddenly break through.
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FlashLoanLord
· 23h ago
Charts don't lie, but they can be the biggest deceivers. Stay firmly bearish on this wave.
December 27 BTC Price Trend Observation
Currently stuck at the resistance level of 89,500-90,500. If there's a rebound, the bears will continue to position, with the key support above 91,000.
Looking at the 1-hour, 4-hour, and daily charts, honestly, there are no signs of reversal. Without reversal signals, there's no reason to chase long positions. Trading is like this—you have to let the charts speak, not rely on feelings or imagination.
The short-term target points to the previous low, likely around 80,000. As long as the critical level of 91,000 is not broken, the strategy remains unchanged.