Night Session Review｜Where Did We Go Wrong Today, and What to Watch Tomorrow
Where We Tripped Up: I previously thought 83,500 was a level that absolutely had to be defended as rebound support. But in the afternoon, price directly dipped to 82,874. That meant the short-term long positions shouldn’t have been stubbornly held. Later, I also predicted it would move to 81,000, but the market didn’t deliver. If you chased shorts, this pullback during the night session would be very likely to sweep your stop-loss.
What We Got Right: I didn’t chase longs when 87,283 attempted a second spike. I kept treating the 84,000–86,000 zone as resistance throughout, and I didn’t mistakenly assume this rebound was the start of a brand-new uptrend.
Market Data: Current price 84,494. Past 24-hour range: 82,874–84,944. The daily candle is slightly up 0.58%.
1-hour Moving Averages: MA5 at 83,871, MA10 at 83,889, MA20 at 84,089. During the night session, price has moved back above these three MAs. But this is just short-covering after the drop from 82,874. Trading volume is average, and the market structure is completely different from the earlier move that surged toward 87,000.
Tomorrow, focus on two things:
1. Whether BTC can hold steady above 83,870 and then break 85,000. Until it breaks, a rebound up to 84,944–85,000 is enough to reduce positions.
2. Whether spot markets have new money coming in to take over. Without incremental buy orders, anything above 84,500 should only be considered a repair move—don’t add to positions.
Remember today’s key levels: intraday low 82,874, and intraday high 84,944.
Where exactly was your biggest loss point today? $BTC
Where We Tripped Up: I previously thought 83,500 was a level that absolutely had to be defended as rebound support. But in the afternoon, price directly dipped to 82,874. That meant the short-term long positions shouldn’t have been stubbornly held. Later, I also predicted it would move to 81,000, but the market didn’t deliver. If you chased shorts, this pullback during the night session would be very likely to sweep your stop-loss.
What We Got Right: I didn’t chase longs when 87,283 attempted a second spike. I kept treating the 84,000–86,000 zone as resistance throughout, and I didn’t mistakenly assume this rebound was the start of a brand-new uptrend.
Market Data: Current price 84,494. Past 24-hour range: 82,874–84,944. The daily candle is slightly up 0.58%.
1-hour Moving Averages: MA5 at 83,871, MA10 at 83,889, MA20 at 84,089. During the night session, price has moved back above these three MAs. But this is just short-covering after the drop from 82,874. Trading volume is average, and the market structure is completely different from the earlier move that surged toward 87,000.
Tomorrow, focus on two things:
1. Whether BTC can hold steady above 83,870 and then break 85,000. Until it breaks, a rebound up to 84,944–85,000 is enough to reduce positions.
2. Whether spot markets have new money coming in to take over. Without incremental buy orders, anything above 84,500 should only be considered a repair move—don’t add to positions.
Remember today’s key levels: intraday low 82,874, and intraday high 84,944.
Where exactly was your biggest loss point today? $BTC