Observing the daily trend of Bitcoin, it is currently oscillating within the range of the box, but the characteristic of gradually rising bottoms is quite obvious. This signal is worth noting—if the subsequent pullback can stabilize and be confirmed, breaking above 98,000 will present an opportunity for action. On the other hand, once the support at 92,000 is broken, the short-term situation will turn dangerous, and it may even retest around 88,000.
The overall current trend is relatively weak with prominent consolidation features. This week's opening performance was flat, and the future direction mainly depends on the performance of the US stock market—if US stocks continue to weaken, Bitcoin may also face pressure; conversely, if they stabilize and rebound, it could lead to a slight increase in Bitcoin. This correlation has been becoming increasingly close recently.
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HalfIsEmpty
· 19h ago
The bottom gradually moves up, this wave is indeed quite interesting. Just worried that the US stocks might hold us back.
Once the 92,000 level is broken, it's time to run, and then we really have to be ruthless.
Consolidation is just torture; when will there be a volume increase?
Only when the US stocks stabilize can we feel at ease. For now, just waiting.
I'm skeptical about the 98,000 level; it feels like it will fluctuate for a few more days.
This operation window is a bit narrow, and we need to watch out for the risk of breaking below.
Honestly, it's all about the US stock market's mood; it's so annoying.
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AirdropFreedom
· 19h ago
Moving the bottom up is a good sign, but the US stocks haven't stabilized yet, so I think we still need to wait.
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SeeYouInFourYears
· 19h ago
92,000 breaking through means it's over, this time it's really a bit uncertain
The weakness in the US stocks is dragging Bitcoin down with it, let's just wait and see
Moving the bottom up sounds good, but I still want to see if it can really stabilize
98,000 breakthrough is needed before I dare to act
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OnchainSniper
· 19h ago
I've heard the phrase "moving the bottom up" many times, but it still depends on whether we can really stabilize at 92,000.
This guy in the US stock market is dragging everything down now, and Bitcoin is suffering along with it.
If we can't break through 98,000, it might be better to wait a bit longer.
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fomo_fighter
· 19h ago
I've seen the move of shifting the bottom up before, but only if it can truly stabilize at 9.2 does it count.
Before the US stocks pick up, I didn't believe it; history always repeats itself.
If it can't break through 9.8, it's a false breakout, and we'll have to wait again.
Observing the daily trend of Bitcoin, it is currently oscillating within the range of the box, but the characteristic of gradually rising bottoms is quite obvious. This signal is worth noting—if the subsequent pullback can stabilize and be confirmed, breaking above 98,000 will present an opportunity for action. On the other hand, once the support at 92,000 is broken, the short-term situation will turn dangerous, and it may even retest around 88,000.
The overall current trend is relatively weak with prominent consolidation features. This week's opening performance was flat, and the future direction mainly depends on the performance of the US stock market—if US stocks continue to weaken, Bitcoin may also face pressure; conversely, if they stabilize and rebound, it could lead to a slight increase in Bitcoin. This correlation has been becoming increasingly close recently.