Yesterday's BTC market can be described as breathtaking. From a low of 89,268 to a surge up to 91,983, a reversal of over 2,700 points, currently oscillating around 91,494.7. This wave of movement is a classic V-shaped reversal, attracting many traders' attention.



Looking at the current situation, the bulls still have some momentum, but the 92,000 resistance level is right there, making a breakthrough difficult. The prediction is that it will continue to accumulate strength within this range. If it faces resistance, a pullback to test the 90,000 support level is highly probable.

For friends interested in trading, I have two strategies:

Bullish approach: Wait for a pullback to the 90,800-91,000 range before entering, with a stop loss below 90,500. The first target is 91,700; if it breaks through smoothly, the second target is 92,000. If 92,000 is also broken, hold onto 92,500 and don't rush to exit.

Bearish approach: Let it surge to the high zone of 91,700-92,000, then enter a short position from there, with a stop loss above 92,500. The first target is 91,250; if broken, continue to watch 91,000, and finally focus on the 90,800 line.

Market changes rapidly; the key is to stick to good stop-loss and risk management, avoid chasing highs or bottom fishing.
BTC-0.48%
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ForkMongervip
· 13h ago
nah the real play here is watching the governance layer implode when retail thinks 92k is resistance lol... classic protocol weakness tbh
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SilentObservervip
· 13h ago
A reversal at 2700 points, a bit exciting. Just worried that it might turn around and come back again.
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MEVVictimAlliancevip
· 13h ago
The 2700-point reversal is really impressive, but I'm worried about the hurdle at 92,000.
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not_your_keysvip
· 13h ago
A V-shaped recovery with 2700 points, this wave is indeed quite fierce.
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