Bitcoin has been in a slight oscillation over the past two weeks, lacking major operational opportunities. The current strategy is to remain optimistic about the market and reduce unnecessary frequent trading.
From a weekly perspective, the amplitude is gradually narrowing, which typically indicates that the market direction is about to be established.
**Long-term support and resistance levels:**
The main support range is between 78,750 and 75,050. If this line is broken, secondary support will appear at 64,120-61,020. The top resistance levels are relatively clear, around 97,350 and near the 100,000 integer mark.
**Short-term technical levels:**
On the 4-hour chart, resistance is at 91,200-92,650, while on the 6-hour chart, resistance is at 93,800-94,950. Support below is concentrated around 85,000-83,220.
It is important to emphasize that all level analyses are personal technical observations and do not constitute investment advice. Risk judgment in trading requires individual decision-making.
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GigaBrainAnon
· 10h ago
Starting to squeeze toothpaste again in the market, this kind of volatility is really annoying.
Wait for the breakout, don't move recklessly.
Only after breaking 78,750 can we have a proper discussion.
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IronHeadMiner
· 10h ago
Still consolidating. When will these days come to an end... Let's wait and see, it feels like a breakout is coming.
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LightningPacketLoss
· 10h ago
Is narrowing amplitude that simple? It feels like it's always said this way, and then suddenly there's a plunge.
I agree that not trading frequently is good; there haven't been many opportunities recently. Just relax and watch.
Bitcoin has been in a slight oscillation over the past two weeks, lacking major operational opportunities. The current strategy is to remain optimistic about the market and reduce unnecessary frequent trading.
From a weekly perspective, the amplitude is gradually narrowing, which typically indicates that the market direction is about to be established.
**Long-term support and resistance levels:**
The main support range is between 78,750 and 75,050. If this line is broken, secondary support will appear at 64,120-61,020. The top resistance levels are relatively clear, around 97,350 and near the 100,000 integer mark.
**Short-term technical levels:**
On the 4-hour chart, resistance is at 91,200-92,650, while on the 6-hour chart, resistance is at 93,800-94,950. Support below is concentrated around 85,000-83,220.
It is important to emphasize that all level analyses are personal technical observations and do not constitute investment advice. Risk judgment in trading requires individual decision-making.