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Honestly, in the waves of this market fluctuation, only those who repeatedly experience the ups and downs understand the pain of this game. Even the slightest hint of a breakout quickly reverts to its true form, making trading extremely difficult—like hell.
In the short term, the trend line has not yet been confirmed. Failing to break above the 91,000 level yesterday, which is a bullish-bearish dividing line, is indeed somewhat disappointing—that is, selling pressure above 90,000 remains quite intense. To find liquidations, the price will need to decrease further.
Based on the line I identified on the 24th, Bitcoin should theoretically first test 85,000 again to gather enough strength for a strong upward attack. But what happened? The market touched a low of 86,600 and quickly retreated, completely avoiding the re-test of 85,000—this gap now presents an opportunity to be filled. Once this gap is successfully filled, the previous predictive structure remains valid.
Currently, the four-hour volatility has contracted to an extreme. When energy accumulates at this level, there will always be a moment of release. The trend breakout is very close. A sudden rise or sharp fall is very likely, accompanied by a rapid change in price. Conservative traders should wait until the trend genuinely emerges before taking action, because the most profitable markets are often where you wait patiently.
If you have to participate without clear signals, remember: stop-losses must be in place, and entries and exits should be predetermined. That is the key to survival.