At 2:30 AM, BTC is quoted at 92,500. As I mentioned yesterday, the 94,200 hurdle indeed wasn't broken—after climbing from 85,000 to 94,000 in this rebound, it's time to take profits.
Those who've doubled their positions can take a breather, but it's clear the main force lacks momentum, so a short-term correction cycle is highly likely. If you missed this round, don't worry—the next opportunity lies within the pullback.
Looking at the daily chart: today’s high reached 94,040, and the low pulled back to 91,700. The EMA15 short-term support is around 91,200, and the golden ratio 0.618 resistance remains at the 94,200 line. The MACD bars are lengthening, and DIF and DEA are spreading upward below the zero axis, which is a relatively strong pattern. The upper Bollinger Band points to 96,150, and the middle band is sticking to the 90,000 level—these two resistance lines are tough to break, so expect mainly sideways movement.
Switching to the four-hour chart makes it clearer: there’s a bit of a "door painting" pattern, which happened once before—if it happens again, the speculative funds won't be able to handle it. The stop-loss line for northbound trades can be set at 90,000; as long as this holds, there’s still hope. The current candlesticks are stuck above 92,000, with bottom support at 90,500. MACD volume is decreasing, and DIF and DEA are narrowing, indicating a technical need for a short-term pullback. The middle Bollinger Band is at 90,650, and the lower band at 84,500—so the strategy should focus on low-level long positions, and don’t rush to short for now.
Here’s a reference for trading operations: Long entry range: 91,500–91,000, defense at 90,500, stop-loss set at 500 points, target 92,500–93,000. If broken, look for 93,500–94,000. Short entry range: 93,500–94,000, defense at 94,500, stop-loss also 500 points, target back to 93,000–92,500. If broken, look for 92,000–91,500.
There’s no such thing as a 100% certain market; keeping a stop-loss is the first rule. The market changes rapidly—follow real-time data, and use these strategies for reference only.
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LiquidationWatcher
· 17h ago
94,200 really is a tough barrier. The main players are obviously losing steam this round.
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LiquidityWhisperer
· 19h ago
It's really ridiculous that 94200 hasn't been broken; the main force is too weak this time.
View OriginalReply0
SighingCashier
· 12-06 09:42
94,200 really is a solid barrier. If the main players don’t follow up this round, it’s over.
View OriginalReply0
UnluckyValidator
· 12-04 19:51
94,200 really is the top. I told you, this rebound is weak.
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ResearchChadButBroke
· 12-04 19:49
94,200 really is a tough nut to crack. The main players don't want to put in the effort anymore.
Should've known this rebound had peaked—don't chase the highs, everyone.
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MetaverseMortgage
· 12-04 19:45
It's really awkward that 94200 can't be broken. Feels like the main players are slacking off.
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ser_ngmi
· 12-04 19:45
94200 still can't be broken, this rebound really isn't going anywhere.
Got shaken out again, unbelievable.
If 90000 can't hold, it's really going to drop hard. I'll just wait for a pullback before getting back in.
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ProofOfNothing
· 12-04 19:28
94200 really is the ceiling; the main force isn’t strong this time.
If it can’t break through, we’ll have to wait for a pullback—laying in long positions at lower levels is the way to go.
The 90000 line must be held; if it breaks, you have to get out.
At 2:30 AM, BTC is quoted at 92,500. As I mentioned yesterday, the 94,200 hurdle indeed wasn't broken—after climbing from 85,000 to 94,000 in this rebound, it's time to take profits.
Those who've doubled their positions can take a breather, but it's clear the main force lacks momentum, so a short-term correction cycle is highly likely. If you missed this round, don't worry—the next opportunity lies within the pullback.
Looking at the daily chart: today’s high reached 94,040, and the low pulled back to 91,700. The EMA15 short-term support is around 91,200, and the golden ratio 0.618 resistance remains at the 94,200 line. The MACD bars are lengthening, and DIF and DEA are spreading upward below the zero axis, which is a relatively strong pattern. The upper Bollinger Band points to 96,150, and the middle band is sticking to the 90,000 level—these two resistance lines are tough to break, so expect mainly sideways movement.
Switching to the four-hour chart makes it clearer: there’s a bit of a "door painting" pattern, which happened once before—if it happens again, the speculative funds won't be able to handle it. The stop-loss line for northbound trades can be set at 90,000; as long as this holds, there’s still hope. The current candlesticks are stuck above 92,000, with bottom support at 90,500. MACD volume is decreasing, and DIF and DEA are narrowing, indicating a technical need for a short-term pullback. The middle Bollinger Band is at 90,650, and the lower band at 84,500—so the strategy should focus on low-level long positions, and don’t rush to short for now.
Here’s a reference for trading operations:
Long entry range: 91,500–91,000, defense at 90,500, stop-loss set at 500 points, target 92,500–93,000. If broken, look for 93,500–94,000.
Short entry range: 93,500–94,000, defense at 94,500, stop-loss also 500 points, target back to 93,000–92,500. If broken, look for 92,000–91,500.
There’s no such thing as a 100% certain market; keeping a stop-loss is the first rule. The market changes rapidly—follow real-time data, and use these strategies for reference only.