When it comes to trading BTC, I stick to two iron rules: never touch it unless the setup is clear, and never enter a position without a set stop-loss.

How does the current chart look? Focus on the weekly level for now; the key is whether the 2-day chart can complete a golden cross below the waterline. On the daily chart, the hidden setup is already in place, so next we’ll see if the 12-hour chart forms a death cross below the waterline. Breaking it down further, the 4-hour chart has already dipped below, and the 2-hour and 1-hour charts—these two short-term timeframes—are bottoming out underwater.

As for price, here are some key levels: upward resistance is at 90320, 91509, and 92299; downward support is at 88339, 87324, and 86241. Current market sentiment: the long/short ratio is stuck at 1.85, and the fear index is only 20, indicating fear isn’t particularly strong. The live trading data is even more interesting—on exchanges, the long/short ratio is 49:51, while network-wide statistics are 43:57. Bears have a slight edge, but the difference isn’t significant.