I'm a bit uncertain about this price level right now. The number 87545 looks both like an opportunity and a trap.



My hand has been hovering over the keyboard for a long time. Anyone who has been trading crypto for years knows that the hardest part isn't watching a big drop, but rather this critical point where it "seems like it’s about to explode, but also might crash." The bulls are indeed gaining the upper hand; the RSI is only at 53.2 and hasn't entered the overbought zone. It looks like a sprinter warming up— but the question is, when will it actually break out?

Thinking optimistically, a breakthrough is really possible. The trading volume in recent days hasn't decreased, indicating that funds are still flowing in. If institutions don't play psychological games and push a wave directly, breaking through the previous resistance levels, then a 90,000 rally is also possible. Don't forget, market sentiment has been heating up these days; many are holding funds waiting for a pullback, but the longer they wait, the higher the price goes, and eventually they are forced to follow in. Such a market is the most comfortable— a slow bull run where everyone can get some gains.

But caution is also necessary. The RSI has crossed the midline; continuing upward could lead to short-term overheating. If a long upper shadow appears, or if the price consolidates in this area for too long, bulls may run out of steam, and bears could turn the tables, which would look ugly. Especially at this level, breaking below key support could trigger a chain reaction of sell-offs. I’ve been heavily invested at similar levels before, only to get trapped for three months, staring at candlesticks like watching an ECG in a hospital ward.

So, do I remain bullish? Pretty much. The trend is still under the control of the bulls; I haven't seen any reversal signals yet. But I won't go all-in betting on this direction, especially at this "mid-mountain" position. It’s better to earn a little more than to risk everything. Dollar-cost averaging with grid trading is always better than all-in.

The feeling of experienced traders is: no need to panic now, but also don’t be greedy. When the real market arrives, it won’t just go up for one day. Staying alive is the key to making money—that’s the simplest truth. Let’s keep going together.
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