#特朗普数字资产政策新方向 For this round of Bitcoin’s pullback, the key is whether the 92,400 level can hold.
Today’s market is actually quite interesting. On the 15-minute chart, it started rebounding as soon as it dropped near 92,000, and the 92,200 moving average held up, with trading volume picking up as well. You know what this kind of movement means—it’s a classic shakeout, not a real drop.
On a larger scale, the daily Bollinger Bands are tightening, and the current price is stuck between the middle and upper bands. The 4-hour RSI has already climbed out of the oversold zone, indicating that the short-term correction is about done. At this point, rather than chasing highs or panicking on dips, it’s better to find a support level and set up a long position in anticipation of an upward breakout.
Market volatility may increase over the weekend, so be sure to manage your position sizes.
Reference levels: You can try a light long position in the 92,100–92,300 range, target around 93,800, and set a stop loss below 91,800.
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GateUser-addcaaf7
· 12-05 08:20
As long as the 92400 level holds, I'll keep buying the dip. Trump's latest policies are really bullish for the crypto space.
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TokenomicsShaman
· 12-05 08:19
Will 92400 hold? I’m watching the volume these next two days. Any rebound without volume is just fake.
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Shakeout? Or is it a real drop? We’ll find out over the weekend. Anyway, I’ve already placed some long orders at 92200, taking a gamble.
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If Trump’s new policy really gets implemented, this BTC correction is nothing. The key is still to break 93800.
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As long as the moving average holds, if it bounces back after dropping below 92000, it means someone’s supporting the bottom. This wave doesn’t feel too bad.
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Yeah, manage your position size. Weekend markets are the easiest to get liquidated—I’ve learned that the hard way.
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Honestly, I’m really tempted in the 92100-92300 range, just afraid if I sell at a loss, the price will fly.
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BearMarketHustler
· 12-05 08:18
If 92400 can't hold, this wave will be a big trap, and gamblers will have to cut their losses again.
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metaverse_hermit
· 12-05 08:17
To be honest, whether 92400 can hold is a bit uncertain, but this round of shakeout has indeed been rather gentle.
Just looking at the 92200 moving average, it seems pretty tough, but I feel it could easily break over the weekend. Rather than trying to anticipate, it might be better to wait for a clearer breakout signal.
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SelfRugger
· 12-05 08:17
If we can't hold 92400, we're in trouble. This round of shakeout is pretty fierce.
#特朗普数字资产政策新方向 For this round of Bitcoin’s pullback, the key is whether the 92,400 level can hold.
Today’s market is actually quite interesting. On the 15-minute chart, it started rebounding as soon as it dropped near 92,000, and the 92,200 moving average held up, with trading volume picking up as well. You know what this kind of movement means—it’s a classic shakeout, not a real drop.
On a larger scale, the daily Bollinger Bands are tightening, and the current price is stuck between the middle and upper bands. The 4-hour RSI has already climbed out of the oversold zone, indicating that the short-term correction is about done. At this point, rather than chasing highs or panicking on dips, it’s better to find a support level and set up a long position in anticipation of an upward breakout.
Market volatility may increase over the weekend, so be sure to manage your position sizes.
Reference levels: You can try a light long position in the 92,100–92,300 range, target around 93,800, and set a stop loss below 91,800.
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