#2026年比特币行情展望 Bitcoin is currently stuck at a high level. The price is surging wave after wave, repeatedly testing the previous high of 91,500, but it hasn't stabilized each time. This area is actually a zone where a large amount of trading has historically accumulated, with particularly strong selling pressure.

To be honest, this recent rally is more about the inertia from the previous upward momentum and not the start of a new trend. As soon as this upward force weakens, the price will quickly drop.

Looking at the Bollinger Bands, we can see that—although the price is hugging the upper band—the upper band has stopped rising, and the band width hasn't expanded. This signals that the strength of the rally is waning. Entering at this critical point offers very little profit potential and makes it especially easy to get trapped at high levels. Once the price falls below the middle band of the Bollinger Bands (around 89,100), the short-term pattern will weaken, and the bearish force will gradually increase.

This is the current situation—retail investors are generally bullish, and the price is indeed at a high, which is a prime time for trap setups. Without a volume-driven breakout above the 91,500 high, blindly going long is not worth the risk.

My judgment is that we shouldn't chase the high now. It's more likely that after facing resistance at high levels, a pullback will begin. Focus on the resistance zone around 91,500–92,000, with initial support at 90,000, and further support at the middle Bollinger Band around 89,100.

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