Bitcoin showed a significant resilience today. After the rebound last night, there is actually a lot of support below. Interestingly, the sharp drop yesterday created a price vacuum above, which means the resistance for the rebound will be much smaller.
How do we view the current key levels? It's very important whether the range of 874-875 can hold. The ideal situation is to touch around 877; otherwise, there isn't much significance in entering long positions.
It is recommended to be flexible in operations: - If 874-875 stabilizes but can't push higher, then wait for a pullback. - If there is a strong breakout or a slow rise, consider going long. - But note that if it rises slowly, there will likely be pressure at the 877 position.
In short, follow the market trend, don't go against it.
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MEVHunterNoLoss
· 10h ago
874 can't get up again, how do we play this game? Just wait for it to rot.
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OnchainDetective
· 11h ago
According to on-chain data, the capital accumulation in the range of 874-875 is indeed a bit unusual. I had already guessed that the Rebound would get stuck here; it is a typical coin washing tactic.
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RunWhenCut
· 11h ago
If you can't even touch 874, just stop messing around. Slow rise is just the rhythm to trick people in and play people for suckers.
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airdrop_huntress
· 11h ago
874 can't hold again, this time it's really going to pull back, I feel.
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ForkTongue
· 11h ago
874-875 is going to test our patience again. If we can really hold above this time, there is hope; otherwise, let's just wait for the pullback.
#数字货币市场回调 12.2 $BTC trend review:
Bitcoin showed a significant resilience today. After the rebound last night, there is actually a lot of support below. Interestingly, the sharp drop yesterday created a price vacuum above, which means the resistance for the rebound will be much smaller.
How do we view the current key levels? It's very important whether the range of 874-875 can hold. The ideal situation is to touch around 877; otherwise, there isn't much significance in entering long positions.
It is recommended to be flexible in operations:
- If 874-875 stabilizes but can't push higher, then wait for a pullback.
- If there is a strong breakout or a slow rise, consider going long.
- But note that if it rises slowly, there will likely be pressure at the 877 position.
In short, follow the market trend, don't go against it.