BTC reached the previous resistance level of 93000 yesterday, then retraced to operate in the 90200 range. Currently, the probability of a significant drop is relatively low, with the extreme retracement looking at around 87000. Overall, it remains biased towards an upward trend after the retracement stabilizes. The focus for operations is on cautious high shorts, while long positions wait for support confirmation. Bounce near 91900, with targets sequentially aiming at 90200, 89000, and 87000, reasonably controlling positions based on interval resistance.
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11.29 BTC Core Operational Insights
BTC reached the previous resistance level of 93000 yesterday, then retraced to operate in the 90200 range. Currently, the probability of a significant drop is relatively low, with the extreme retracement looking at around 87000. Overall, it remains biased towards an upward trend after the retracement stabilizes. The focus for operations is on cautious high shorts, while long positions wait for support confirmation.
Bounce near 91900, with targets sequentially aiming at 90200, 89000, and 87000, reasonably controlling positions based on interval resistance.