BTC current price is hovering around 92,500. Yesterday, it moved slightly higher overall, rising from 92,500 to about 93,000, a gain of approximately 500 points. It seems to be rising steadily without rushing, but can this pace continue?
**Market Signal Alerts**
Careful observation of the candlestick momentum shows clear signs of weakening. What does this usually indicate? The bullish momentum is diminishing, and the probability of breaking new lows is increasing. This is not alarmism; the charts are speaking.
**Key Level Lock-In**
Looking downward, 91,000 is an important support. Once the price touches around 91,000, a rebound opportunity arises — at this point, consider entering long positions in batches.
What’s the target after entering? Watch whether the pullback can reach 94,000. Remember, the height of rebounds during a downtrend often reveals the strength of the next move.
**Resistance Levels**
There are two key resistance levels above: 92,900 and 93,500. As long as 93,500 is not broken, we continue to look downward. If this level is broken downward, it indicates sellers still have strength, and we can continue betting on a decline.
Simple summary: wait for 91,000, enter long, target 94,000, with resistance at 93,500.
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consensus_failure
· 12h ago
Wait, when the candlestick momentum wanes, is it likely to break to a new low? That logic seems a bit stretched; isn't it often like this before a rebound...
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ChainMaskedRider
· 17h ago
The deceleration of momentum is a bit annoying, and I have to wait for 91,000 again... This wave of the market is really pulling back, let's wait until a breakdown before talking.
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bridgeOops
· 17h ago
I'm convinced that the momentum is waning, but can 91,000 really hold steady? It feels like every time it's just a false alarm.
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NFTDreamer
· 17h ago
It's the same old trick again, saying to watch 94,000 on a rebound and to continue watching the decline if it breaks below. Feels like everyone can make money, huh?
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faded_wojak.eth
· 17h ago
The deceleration of momentum... To put it nicely, it's called building up strength; to be blunt, it's brewing a decline. Only after breaking 91,000 is it truly time to enter the market. For now, just keep your fingers crossed.
**Market Snapshot**
BTC current price is hovering around 92,500. Yesterday, it moved slightly higher overall, rising from 92,500 to about 93,000, a gain of approximately 500 points. It seems to be rising steadily without rushing, but can this pace continue?
**Market Signal Alerts**
Careful observation of the candlestick momentum shows clear signs of weakening. What does this usually indicate? The bullish momentum is diminishing, and the probability of breaking new lows is increasing. This is not alarmism; the charts are speaking.
**Key Level Lock-In**
Looking downward, 91,000 is an important support. Once the price touches around 91,000, a rebound opportunity arises — at this point, consider entering long positions in batches.
What’s the target after entering? Watch whether the pullback can reach 94,000. Remember, the height of rebounds during a downtrend often reveals the strength of the next move.
**Resistance Levels**
There are two key resistance levels above: 92,900 and 93,500. As long as 93,500 is not broken, we continue to look downward. If this level is broken downward, it indicates sellers still have strength, and we can continue betting on a decline.
Simple summary: wait for 91,000, enter long, target 94,000, with resistance at 93,500.