A detailed analysis has been conducted on Bitcoin's recent trend. From the current level, a small rebound is expected first, with an increase of about $1,000 to $1,500. After the rebound, it is very likely to dip again.



The key area for the rebound is between 88,900 and 89,800, which is an ideal entry point for short positions. Based on market conditions, sellers are in control today, so shorting within this range is relatively safe.

Specific trading plan:
- Short entry range: 88,700-89,800
- If a spike upward occurs, consider DCA add-on point: 90,500
- Stop loss set at: 91,250

The short targets are at 88,000, 87,200, and 86,100. Both spot and futures can be traded according to your risk preference.
BTC1%
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ChainMaskedRidervip
· 8h ago
It's another pattern of rebound followed by a dip. The 88,900 level is indeed interesting. Can the bears really hold the top? It feels like today's momentum is definitely in the sellers' hands. I'm a bit cautious about DCA adding positions, afraid of getting stabbed by a spike and losing everything. The target of 87,200 feels a bit far; just holding steady at 88,000 would be good. A stop loss at 91,250 looks comfortable, just worried about a false breakout shaking people out.
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PermabullPetevip
· 8h ago
Starting the bearish narrative again, it's always the same routine of 88900-89800. Can you use different numbers next time, brother?
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¯\_(ツ)_/¯vip
· 8h ago
Is the 88,900 rebound really a good time to buy the dip? Feels like I'm about to get trapped again.
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PrivacyMaximalistvip
· 8h ago
88900 is about to be exploited again, same old trick every time.
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LiquiditySurfervip
· 8h ago
It's the same old pattern of bouncing back and then crashing... 88900 is really a good surfing point in this wave, and sellers hold the power comfortably. However, when it comes to DCA adding positions, it depends on whether the liquidity depth is sufficient. What if it spikes through and breaks to 90500?
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NFTRegretfulvip
· 8h ago
Is it another rebound to short? I feel like the 88,900 level might break through directly...
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