BTC: Bitcoin has been fluctuating between 90,000 and 91,000 since yesterday. The current downward movement is a second retest confirmation. The early trading signs indicate that although the market is moving slowly, the bullish support below is still effective. The current trading range is 90,400-92,100. For intraday trading, we focus on the support retest below; as long as it does not break, long positions can be entered. If the upward resistance is not broken with volume and price increase, it is prudent to take profits promptly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC: Bitcoin has been fluctuating between 90,000 and 91,000 since yesterday. The current downward movement is a second retest confirmation. The early trading signs indicate that although the market is moving slowly, the bullish support below is still effective. The current trading range is 90,400-92,100. For intraday trading, we focus on the support retest below; as long as it does not break, long positions can be entered. If the upward resistance is not broken with volume and price increase, it is prudent to take profits promptly.