#香港虚拟资产稳定币监管框架 This morning's market data is quite interesting — BTC directly broke through the 88000 mark, reaching a high of 89177, and ETH followed suit, jumping to around 2986. What do you think?
A few days ago, after that V-shaped reversal, the recent sideways movement is actually building momentum. The selling pressure that needed to leave has mostly done so, and the bulls have been consistently steady in taking positions. To be honest, at this point, it still leans towards a bullish outlook.
The position in hand has not changed for the time being. If it pulls back to around 87000-87500, it can be considered to continue adding long positions, with the first target at 88500, and if being aggressive, one could aim for the 90000 line.
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AirdropHuntress
· 11-27 23:42
After researching and analyzing this market wave, the breach of the 88000 level is indeed a bit brutal — data shows that the strength of long positions catching a falling knife is not as weak as imagined, but that the high point of 89177 feels like a quick rebound, and the real pressure is still at 90000.
The key question is, whether this batch of entrants is from the previously tied up buy the dip positions or new capital inflow; these two effects are completely different. It is recommended to follow the movements of these several wallet addresses to see if large investors are quietly reducing position at this level.
Don't be greedy, bro. I also have the same feeling around 87000-87500, but historical data shows that long positions are often easily trapped at this height; caution is needed when trading volume decreases during a pullback.
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ProbablyNothing
· 11-27 20:41
88000 breaking doesn't matter, the key is whether it can hold above, otherwise it's just inflated.
If this wave really rushes to 90000, I will add some chips in to test the waters.
Sideways waiting for a big move? Who would believe that, BTC can turn its face at any moment.
If 87500 hits the bottom, I will make a move, otherwise I'll just lie down.
Wow, it rose so much in two days, is it going to crash again?
ETH is a bit disappointing in following, still have to see BTC's expression.
The long positions idea is okay, just afraid it's the last relay baton.
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AirdropHarvester
· 11-25 16:23
88000 has broken, is this really going to da moon this time or is it just playing tricks again? It's hard to say.
It's really just sideways, feeling uncomfortable, let's wait for a pullback to enter a position.
That 90000 line is a bit fierce, I still prefer to conservatively look at 88500, which feels more comfortable.
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DefiVeteran
· 11-25 09:17
88000 has been broken and still hesitating, do we really have to wait until 87500 to enter a position? I directly reduced my position near 89000, this rebound feels a bit artificial.
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ApeWithAPlan
· 11-25 00:40
88000 has broken, is the next psychological barrier to focus on 90000... But if this wave really goes up, it feels like there must be large funds supporting it.
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GweiTooHigh
· 11-25 00:39
88000 has been broken, this wave is really different, it feels like the long positions are serious this time.
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fren.eth
· 11-25 00:37
88000 has been broken, it feels like this wave is a bit fierce, but I will still wait for a pullback before making a move, entering a position around 87500 is safer.
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SerumSquirter
· 11-25 00:28
The break at 88000 is good, but I think this wave might need to oscillate a bit more to stabilize.
89 has been tested several times without holding, feeling like the long positions are still being laid out.
87500 is really a golden increase the position point, and I'm also waiting.
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GasGuru
· 11-25 00:14
88,000 has been broken, but I don’t feel that excited; instead, I feel a bit nervous... Could this level be another trap to catch people?
#香港虚拟资产稳定币监管框架 This morning's market data is quite interesting — BTC directly broke through the 88000 mark, reaching a high of 89177, and ETH followed suit, jumping to around 2986. What do you think?
A few days ago, after that V-shaped reversal, the recent sideways movement is actually building momentum. The selling pressure that needed to leave has mostly done so, and the bulls have been consistently steady in taking positions. To be honest, at this point, it still leans towards a bullish outlook.
The position in hand has not changed for the time being. If it pulls back to around 87000-87500, it can be considered to continue adding long positions, with the first target at 88500, and if being aggressive, one could aim for the 90000 line.
$BTC $ETH