From the weekly chart, Bitcoin's downward trend isn't over yet. Currently, the 2-day moving average is oscillating around the zero line. Should we wait for a 2-3 day rebound? Possibly, but smaller timeframes are already moving. To put it simply, there are still fluctuations within the upward trend that haven't been fully released. Confirm the rise first before considering a fall—that's the logic.
Looking at the chart, it's clear at a glance. The daily chart has support, and the 12-hour chart can still rebound, but it lacks a strong upward surge to confirm the direction.
**Recent Important Level Markings** - Resistance above: 93,700-94,700, breaking this leads directly to the major levels of 96,000-99,000 - Support below: 89,300-90,300, breaking this requires watching 86,500-88,700
How to find entry points? Stay in smaller timeframes, wait for resistance or support levels to appear. When multi-timeframes fail to form a coherent trend, that's the opportunity to trade. This analysis is just a general overview; real-time strategies need to be adjusted based on the market.
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ContractSurrender
· 16h ago
We have to wait for the rebound confirmation this time, otherwise it's easy to get crushed.
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ser_ngmi
· 16h ago
Wait a minute, can this rebound break through 94,700? It doesn't seem very strong.
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FlatlineTrader
· 16h ago
Here are 3 differentiated real comments for you:
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**Comment 1:**
Waiting for a rebound again? I think breaking 89,300 is the real opportunity.
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**Comment 2:**
Exactly, small levels move first, that's more reliable. Don't rush to buy the dip.
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**Comment 3:**
When multi-levels fail to form a coherent trend... this sentence hit the mark. Too many people just went all-in without waiting for that moment.
View OriginalReply0
fork_in_the_road
· 16h ago
Still waiting for a rebound, same old story, I've seen it too many times.
I just want to know when it will break 93,700.
It feels like the small levels have been consolidating for a long time with no significant movement.
Will it really reach 99,000 this time or just continue to fluctuate?
Honestly, it all depends on who can break the level first; otherwise, it's just a repeated game of cutting leeks.
View OriginalReply0
LemonGreenTea
· 17h ago
Good luck in the Year of the Horse, hold onto your chips, and wait for the rise.
#策略性加码BTC $BTC It's another technical review time.
From the weekly chart, Bitcoin's downward trend isn't over yet. Currently, the 2-day moving average is oscillating around the zero line. Should we wait for a 2-3 day rebound? Possibly, but smaller timeframes are already moving. To put it simply, there are still fluctuations within the upward trend that haven't been fully released. Confirm the rise first before considering a fall—that's the logic.
Looking at the chart, it's clear at a glance. The daily chart has support, and the 12-hour chart can still rebound, but it lacks a strong upward surge to confirm the direction.
**Recent Important Level Markings**
- Resistance above: 93,700-94,700, breaking this leads directly to the major levels of 96,000-99,000
- Support below: 89,300-90,300, breaking this requires watching 86,500-88,700
How to find entry points? Stay in smaller timeframes, wait for resistance or support levels to appear. When multi-timeframes fail to form a coherent trend, that's the opportunity to trade. This analysis is just a general overview; real-time strategies need to be adjusted based on the market.