📉 Three failed attempts to break through 87,000! BTC bulls desperately defend 84,000, where is the bottom of this correction?
Brothers, just finished some arbitrage and took a look at the market, this trend is classic! 📉
Looking at BTC's 1-hour chart, three short-term attacks on the 87,000 level all failed, forming a classic "triple top" pattern. The bullish momentum has been severely depleted, directly triggering this major correction. The current price is at 84,105, right on the bulls' last defensive line!
Market details are interesting: the 1-hour MA5/10/20 are all pressing downwards, but the KDJ has already hit the extreme oversold zone (K:20.0, D:17.3). The situation is very clear now — 87,000 above is an iron ceiling, 84,000 below is the bulls' lifeline. Bulls and bears are clashing fiercely here.
Bro, listen to me: for short positions at this level (support + oversold), take profits in batches quickly, don’t be greedy! Bulls, absolutely do not blindly catch the falling knife; if it breaks below 83,500, you must cut losses! The long-term trend over 90 days is still +33%, this is very likely the deep squat of the bull market's second phase. In this correction, are you stuck long at the peak, or did you profit following shorts? Let's discuss in the comments! 👇 $BTC $ETH $SOL
Brothers, just finished some arbitrage and took a look at the market, this trend is classic! 📉
Looking at BTC's 1-hour chart, three short-term attacks on the 87,000 level all failed, forming a classic "triple top" pattern. The bullish momentum has been severely depleted, directly triggering this major correction. The current price is at 84,105, right on the bulls' last defensive line!
Market details are interesting: the 1-hour MA5/10/20 are all pressing downwards, but the KDJ has already hit the extreme oversold zone (K:20.0, D:17.3). The situation is very clear now — 87,000 above is an iron ceiling, 84,000 below is the bulls' lifeline. Bulls and bears are clashing fiercely here.
Bro, listen to me: for short positions at this level (support + oversold), take profits in batches quickly, don’t be greedy! Bulls, absolutely do not blindly catch the falling knife; if it breaks below 83,500, you must cut losses! The long-term trend over 90 days is still +33%, this is very likely the deep squat of the bull market's second phase. In this correction, are you stuck long at the peak, or did you profit following shorts? Let's discuss in the comments! 👇 $BTC $ETH $SOL