Bitcoin just broke through $90,000 and then turned downward, now falling back below $87,000. The market's panic atmosphere has dissipated, replaced by a wait-and-see attitude. According to on-chain data analysis, this rebound looks more like short sellers covering their positions rather than new buying entering the market. Bitcoin is now fluctuating around the middle of $80,000, while Ethereum is also quietly sitting near $2,930, showing little movement. To confirm a bullish rebound, stronger buying momentum is needed, but currently, this energy is clearly lacking. The entire market is in a consolidation phase, with no clear direction in the short term.

BTC0.76%
ETH1.98%
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SandwichTradervip
· 7h ago
Another false move, 90,000 cannot be justified --- Shorts covering? Then let's just keep lying flat, anyway, the momentum is insufficient --- This rebound is just a trap to lure retail investors into buying, just watch and don't really follow --- Between 80,000 and 90,000, the price keeps bouncing around, when will there be a real buy order --- Ethereum is also lackluster, the whole market is dozing off --- Confirm a rebound? Dream on, right now it's just consolidation --- Just broke 90,000 and then turned around and ran, I see through this rhythm --- No short-term direction, so don't bother, just lie down and wait for an opportunity
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SchroedingerAirdropvip
· 7h ago
It's another fake move; I haven't had enough of the 90,000 thing yet. This is the tactic of the bears; what rebound are they talking about? The 80,000 fluctuation is really intense; let's wait and get in later. It looks like it still needs to fall; lack of momentum is a signal. The secondary market is like this; Bitcoin also needs to take it slow.
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ImpermanentLossFanvip
· 7h ago
It's the same old trick of short sellers covering their positions. Why is it so hard to go up? Wait, is it really a lack of buying pressure or are the big players accumulating? Hanging around 80,000 is so boring. When will it break through? Honestly, no one dares to take the buy-in, and waiting and watching has become the norm. The rebound is so weak; the consolidation period is probably going to last a long time.
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GasBankruptervip
· 7h ago
A $90,000 rebound, I knew it wouldn't last, turns out it was just a bear trap. BTC still needs to test further, don't rush to buy the dip. It's been consolidating for so long, when will there be some movement? I've looked around the market, everyone is just sleepwalking. Bear traders adding positions to trick me into taking over? Dream on, buddy. Entering now is just taking the last shot, hold on.
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ForkLibertarianvip
· 7h ago
Once again a false move, 90,000 can't even stand firm Shorts dare to add positions during the rebound, we need to listen to the buying side Lack of momentum, these two words are heartbreaking This time there's really no hope, or is it just preparation for the next step? Who knows Between 80,000, repeated tugging, it's just annoying to watch The most disgusting market is one without a clear direction. When will it move? Back to the waiting mode again, I just want to bottom fish.
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quiet_lurkervip
· 7h ago
Here comes the same old story of short sellers covering, really played out to the end.
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