#数字货币市场洞察 $BTC Surged all the way up from around 86900, but got held down at 94185. This rebound correction was pretty swift, but now it’s entering a high-level consolidation phase.



Looking at the 15-minute chart, the bullish momentum has clearly slowed down. The MACD is starting to trend downward, and trading volume is shrinking. There have been several pushes upward, but none have broken new highs, which shows there’s significant selling pressure above.

Right now, the price is stuck around 92900. Looking up, the 93800–94200 range is a tough resistance. If it can’t break through, there’s a high probability it will pull back for further correction. Chasing longs at this position? I don’t think it’s worth it; it’s safer to wait and see.

Trading strategy: try a light short position in the 93800–94200 range and see if you can hit 92000; for a more aggressive target, aim for 91200. But if there’s a strong breakout with volume, cut your losses quickly. Another approach is to wait for a pullback—if the 91000–91500 support holds, consider going long, with a target above 93500.

Don’t chase highs blindly; there are opportunities both ways. The key is whether you can time your entries and exits well.
BTC-1.77%
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HorizonHuntervip
· 12-05 03:16
The 93,800 mark is indeed tough. It failed to hold above it three times in a row, so the bears still have something up their sleeve.
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StakeOrRegretvip
· 12-04 07:59
Got dumped again at 94, this is ridiculous. --- Definitely don’t chase at the top, wait to see when the bears make a move. --- Light short positions are still reliable, don’t blindly follow and go long. --- If the 91 support holds, buy the dip; if it doesn’t, keep waiting. --- This consolidation is really frustrating, when will we finally have a direction? --- Shrinking volume means you should be cautious, bulls are losing steam. --- I’m betting it’ll retest lower, see you at 92,000. --- Wait for support confirmation before making a move, getting in now is just catching a falling knife. --- Shorting at the top is much more comfortable than chasing longs, as long as you manage your risk. --- Timing is key, if your entry is wrong you’ll just have to cut your losses.
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WhaleWatchervip
· 12-04 07:55
The 93,800 level is really stuck; it feels like the bulls have lost momentum.
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MEVHunterZhangvip
· 12-04 07:52
The 93,800 level is really tough. I’ve seen it try to break through three times now and it still hasn’t. I really don’t dare to chase the high this time.
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WenMoonvip
· 12-04 07:39
The selling pressure is so strong; 93,800-94,200 really can't be broken. Is it better to be bearish or play it safe?
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