It's been a while since we discussed BTC market trends. This time, let's talk about the upcoming expectations and what to be cautious of.



Looking at the daily chart, we've been fluctuating within the 84-94 range, which is around 10,000 points, for two months. Although the weekly chart has broken below the channel, it also formed a demand zone. This gives us two key levels—9.4 and 9.9—one to judge whether a move from low to high is possible, and the other to observe if there are signs of strength in the market.

Let's discuss the most common pitfalls: 8.9 is a recent support level. A breakout above this could lead to testing around 9.85, with the true confirmation point at 9.29. However, the trickiest part of this market is that the 9.85 level might just be a false breakout—a trap designed to give hope before crushing it again.

Therefore, in the short term, support levels are at 8.9 and 8.7, while resistance is at 9.29 and 9.45. Combining the daily range and key levels, the two structural turning points are the areas where we can take action. The main thing to watch out for is fake breakouts near the target levels. For spot positions, stay long-term and stay put; once triggered, act decisively—don't hesitate.
BTC1,55%
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Blockwatcher9000vip
· 4h ago
I'm too familiar with that trick of 985, it's the same move to crush hopes again.
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Rekt_Recoveryvip
· 13h ago
ngl the 9.85 fake breakout trap hits different after getting liquidated on the same move three times lol... diamond hands on spot though, that part checks out fr
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MelonFieldvip
· 13h ago
I fell into this trap of 985 last year, and now I see it happening again. I really want to vomit blood.
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ContractHuntervip
· 13h ago
I've seen this trick of 985 many times before, every time it gives you hope but ends up disappointing.
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GateUser-0717ab66vip
· 13h ago
I'm very familiar with that trick from 985; I was fooled by a fake Iron Fist last time.
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