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Don't remind me again today

#美联储恢复降息进程 In this market, it's still the old saying - observe more and act less.



The current key position of $BTC is very clear: the range of 85,000 to 88,000 is the previous platform support. If it breaks down, the psychological barrier of 80,000 is likely to be tested. Looking upwards, 92,000 is the first resistance to pay attention to. If it can hold, it at least indicates that short-term panic emotions are easing.

The trend here is similar, around $2800 is a watershed, whether it goes up or down depends on the performance at this position.

From a technical perspective, all moving averages across various timeframes are currently in a bearish arrangement, showing an overall weakness. Even if there is a rebound, it depends on whether the trading volume can keep up. Therefore, avoid impulsive actions; it is advisable to remain cautious and observe until the key resistance is broken.

$BNB
BTC6.86%
ETH8.23%
BNB6.58%
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LazyDevMinervip
· 16h ago
It's again about watching more and acting less, I'm tired of hearing it... But this time there's really nothing to be done, if 85,000 can't be held, we really have to wait and see.
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SybilSlayervip
· 16h ago
I've heard this trap of saying "watch more, act less" too many times, but now I really have to hold back. If it breaks 8.5-8.8, it will really be over, so don't call out then.
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UnluckyValidatorvip
· 16h ago
Wait, can 92,000 really hold above? It feels like this rebound is quite shaky.
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TradingNightmarevip
· 16h ago
Here comes another trap of digital games, I just want to know who can make money in this terrible market.
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LiquidationWatchervip
· 16h ago
It's still about watching more and acting less. I just want to ask everyone when is the "right time to act"? Regarding the situation from 8.5 to 8.8, does breaking the level really mean we have to test 80,000? It feels like we say this every time. All moving averages are in short positions, so any rebound feels meaningless. This market is really testing people's patience. We need to see if we can hold above the 9.2 level; otherwise, we’ll have to go back again, which is not exciting.
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BearMarketBardvip
· 16h ago
It's the same routine again, more watching and less acting, right? It's easy to say, but hard to do. If 8.5 breaks, it will be too late to regret. --- I think 92,000 is a stretch; if the volume doesn't keep up, it's all just a false Rebound. --- Those still willing to chase the price now are brave; I don't have that courage. --- All the moving averages are in short positions; this is ridiculous. When will it turn around? --- Instead of watching these levels, I might as well sleep and check if it's bullish when I wake up. --- Is 2800 really the watershed? It feels like no matter how it falls, someone will say it's the watershed. --- Volume is the biggest deceiver; a little Rebound is mistaken for a reversal. Hilarious. --- Should I run if it breaks 80,000 or continue to buy the dip? I have a tough choice again. --- The interest rate cut process is coming, and the crypto world is still this miserable; it's really ironic. --- After watching so much analysis, it might be more straightforward to flip a coin.
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