Looking at the current market, it's clear that market sentiment has been pushed to the brink of extreme fear. Bitcoin is oscillating between 87,000 and 89,000 in the short term, with trading volume shrinking significantly, and funds are on the sidelines. The supply and demand relationship has been completely suppressed by the vicious circle of "rebound then sell-off" and liquidity contraction.
But I want to remind everyone of one thing: the trend that can truly trigger a market move will never emerge on such ordinary days. Therefore, the key now is to wait for the last two traps— the false breakdown at 86,500 or the false breakout at 89,500— once these two points are confirmed, the market direction will become clear.
Before a new low appears, Bitcoin will still test the liquidity concentration zone above 95,000. Patience is the prerequisite for making money.
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SchrodingerWallet
· 4h ago
After such a long tug-of-war, it's really testing your mindset.
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SleepyArbCat
· 4h ago
Falling asleep again in that arbitrage dream... I’ve noted the two points at 86500 and 89500. After my nap warning, I’ll see if I can catch the bottom.
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SelfCustodyBro
· 4h ago
It's the same "waiting trap" theory again... I've heard it so many times, can it really help you catch the bottom?
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SerumSurfer
· 4h ago
The two levels at 86500 and 89500 are indeed critical, but to be honest, with the current trading volume shrinking like this, who dares to really bet on the direction?
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CryptoSurvivor
· 4h ago
Hi, you're consolidating and frustrating again, huh? This is just accumulation.
Damn this trading volume, it's really like dead water.
Let's wait and see how the two levels at 86500 and 89500 play out. Anyway, I won't move.
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VibesOverCharts
· 4h ago
It's the same old story, waiting for the trap, waiting for confirmation... why not wait until Qingming, haha
Looking at the current market, it's clear that market sentiment has been pushed to the brink of extreme fear. Bitcoin is oscillating between 87,000 and 89,000 in the short term, with trading volume shrinking significantly, and funds are on the sidelines. The supply and demand relationship has been completely suppressed by the vicious circle of "rebound then sell-off" and liquidity contraction.
But I want to remind everyone of one thing: the trend that can truly trigger a market move will never emerge on such ordinary days. Therefore, the key now is to wait for the last two traps— the false breakdown at 86,500 or the false breakout at 89,500— once these two points are confirmed, the market direction will become clear.
Before a new low appears, Bitcoin will still test the liquidity concentration zone above 95,000. Patience is the prerequisite for making money.