$BTC $100,000 Don't forget to run
1. Overall trend judgment (core)
Qualitative: A deep correction after a large-level 'historical high' + wide oscillation to find the bottom.
Key features: BTC started a fierce correction after reaching the historical high of nearly $120,000, with a low of around $80,000, resulting in a significant drop. The current price has rebounded to $93,024 and is in a tug-of-war around the key psychological level of $90,000. The overall structure is still constrained by the downward trend line, but the downward momentum has weakened.
2. Key levels
Resistance (selling pressure zone):
Short resistance: $95,000 - $96,000. The top of the recent oscillation platform, also the resistance level of the short-term moving averages.
Strong resistance: $100,000 - $102,000. A major round number and the starting platform of the previous decline. Breaking through here will confirm that the trend is reversing to strength.
Support (defensive zone):
Lifeline: $90,000. The central axis of the current oscillation. If it effectively breaks down, it will test the previous low again.
Extreme bottom: $80,000 - $82,500. The lowest point of this round of major correction, also the last defense line for long-term bulls.
3. Trading volume signals
Signal: Increased selling pressure, decreased rebound.
The decline is accompanied by huge volume, indicating that profit-taking is rampant. The current decreased rebound indicates strong market wait-and-see sentiment, lacking incremental capital support.
4. Operating strategy
Holders: Continue to hold, pay attention to the gains and losses around $90,000. If the rebound is blocked near $96,000, consider reducing positions to trade.
Empty position holders: Be patient and wait. Limit orders can be placed around $82,000 on the left; on the right, wait for volume to stabilize at $100,000 before entering the market.
5. Summary
BTC is fiercely battling at the $90,000 level, $82,000 is the bottom, and $100,000 is the top. In a volatile market, focus on high selling and low buying!
