Bitcoin's current market trend is indeed a bit chaotic, and the overall direction is not yet fully clear. From a technical perspective, a clear bear flag pattern has formed, and in the short term, it is likely to continue oscillating within this channel.



Regarding resistance levels, 90,500 is the first hurdle, and 94,500 is a stronger resistance level. Currently, the market is testing these two price points repeatedly, with both bulls and bears still fighting for control.

From a trading perspective, it is advisable to gradually deploy short positions within the range of 90,500 to 94,500. Although short-term fluctuations are inevitable, the overall trend remains weak. If a significant breakthrough above the key resistance can be achieved, it would be worth re-evaluating the bullish opportunities. However, based on the current technical pattern, shorting still has the advantage.
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¯\_(ツ)_/¯vip
· 5h ago
The bear flag is back again. Is it really going to drop this time? I doubt it. Short positions are easy to set up, but I'm just afraid of getting slapped in the face. What if 94500 breaks? It scared me to death. This wave of volatility has confused everyone. Who the hell can guess right? Is there an advantage to shorting? Uh... I bet on the opposite.
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MetaverseVagabondvip
· 5h ago
Bull Flag is back again, always saying the same thing --- It seems like the 90500 level can’t be broken, feels like it will shake for a few more days --- The trick of splitting into short positions has been heard too many times, anyway I’m afraid of losing --- Long and short battle, if you bet right you get rich, if you bet wrong you eat dirt, that’s it --- Why do they always tell us to go short, it’s making me more and more pessimistic --- Looking at technical patterns isn’t as good as looking at news, what do you guys think --- Again, we’re going to keep messing around within this range, my heart can’t take it --- Break through 94500 and go long? I feel like I’ve heard this hundred times
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ZkProofPuddingvip
· 5h ago
The Bear Flag is back. If this wave can't break through 94,500, it will have to continue falling.
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ImaginaryWhalevip
· 5h ago
The bear flag is back again, is it real this time? If 90500 can't be broken, I'll just keep playing it safe. I'm not very convinced by this technical setup, it feels like a trap to trigger stop-losses. The small profits within the oscillation range are not worth it; I'd rather wait for a clear trend. It's another back-and-forth between bulls and bears, I'm so tired of this kind of market.
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