$BTC stuck below 87222—first, see whether 83140 holds.
Now BTC is a little below 87222. This level is very delicate.
Today there’s news saying it touched the 87000 area; short liquidations exceeded $120 million, and ETFs also saw inflows of $103 million—on the chart, you can see buy orders are trying.
However, on the 4-hour timeframe, the two moving averages are still pressing near the top, and the price hasn’t decisively broken above it—so the short-term strength isn’t convincing.
If next it breaks above 87222 with volume, then the upside space opens a bit. After the previous high resistance is absorbed, you can see whether it can keep moving higher for a while;
If it keeps failing to break through, the bulls will lose momentum on their own first.
Below, 83140 is the recent two-day low. Watch for acceptance around there on a pullback. If this level breaks too, then don’t take this bounce too seriously—most likely it will go back to the daily moving average area and grind again.
The long/short logic is very straightforward: the bulls want to push the price through 87222 by riding the ETF inflows and the momentum from short liquidations. The shorts are betting this is a false breakout, and when the heat fades, they’ll flip and press.
My bias is to first see if 87222 can be cleanly pushed through. If it can’t, don’t chase—then look toward whether there’s support/participation around 83140.
Current price 86697.9: not far from 87222 above, but still a distance from 83140 below.
#BTC #交易心得 #合约
Now BTC is a little below 87222. This level is very delicate.
Today there’s news saying it touched the 87000 area; short liquidations exceeded $120 million, and ETFs also saw inflows of $103 million—on the chart, you can see buy orders are trying.
However, on the 4-hour timeframe, the two moving averages are still pressing near the top, and the price hasn’t decisively broken above it—so the short-term strength isn’t convincing.
If next it breaks above 87222 with volume, then the upside space opens a bit. After the previous high resistance is absorbed, you can see whether it can keep moving higher for a while;
If it keeps failing to break through, the bulls will lose momentum on their own first.
Below, 83140 is the recent two-day low. Watch for acceptance around there on a pullback. If this level breaks too, then don’t take this bounce too seriously—most likely it will go back to the daily moving average area and grind again.
The long/short logic is very straightforward: the bulls want to push the price through 87222 by riding the ETF inflows and the momentum from short liquidations. The shorts are betting this is a false breakout, and when the heat fades, they’ll flip and press.
My bias is to first see if 87222 can be cleanly pushed through. If it can’t, don’t chase—then look toward whether there’s support/participation around 83140.
Current price 86697.9: not far from 87222 above, but still a distance from 83140 below.
#BTC #交易心得 #合约