Look at this position, will Bitcoin rebound to 88,000 before turning back, or will it drop sharply directly? The key support and resistance levels seem to be very crucial. The direction of this wave of Bitcoin's market is indeed quite tangled—there's resistance above and support below, it all depends on who takes the initiative first—bulls or bears. What do you think about this trend?
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SatoshiChallenger
· 12-17 13:03
Data shows that throughout history, whenever such "entanglement points" occur, retail investors' chances of guessing the correct direction do not exceed 42%—interestingly, the more you get entangled, the easier you are to be harvested.
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GateUser-9f682d4c
· 12-16 14:02
Is it possible to buy at the 88,000 level? That's really the question.
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FantasyGuardian
· 12-16 13:49
I'm also watching the 88,000 level; it feels like it could break at any moment.
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fren.eth
· 12-16 13:41
Directly causing a drop, 88,000 is just a bait, don't get caught in the trap.
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Token_Sherpa
· 12-16 13:35
honestly the 88k bounce narrative is giving "technical analysis theater" energy... like yeah support and resistance exist, but we're just watching liquidity pools get drained either way tbh. multi-timeframe confluence matters way more than these round numbers everyone keeps chasing. where's the actual *why* behind the move though
Look at this position, will Bitcoin rebound to 88,000 before turning back, or will it drop sharply directly? The key support and resistance levels seem to be very crucial. The direction of this wave of Bitcoin's market is indeed quite tangled—there's resistance above and support below, it all depends on who takes the initiative first—bulls or bears. What do you think about this trend?