Analysis: Currently, BTC long positions and short positions have not fully grasped the situation, and the key threshold to reverse market sentiment is 90,000 USD.

2025-04-20 02:31:59

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Golden Finance reports that after several days of consolidation, neither long positions nor short positions have fully taken control of the situation, with Bitcoin currently fluctuating between $83,000 and $86,000. This indecision reflects the general uncertainty present in global financial markets. Although the support level of $83,000 has been maintained, Bitcoin bulls have still not been able to reclaim the key moving average line that signals a new round of momentum. If this price level cannot be held, it may trigger a new round of dumping; if short positions regain control, it could push Bitcoin down to $80,000 (or even lower). $90,000 remains a critical threshold that Bitcoin bulls must reclaim to reverse market sentiment, while the $81,000 area is the recent key bottom.

BTC-2.55%

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