The bull market is here, so run wild; the bear market is here, so also run. Currently, we are in a phase of consolidation.
Looking at the market, the range is relatively stable—top around 90600, bottom near 86700. We've oscillated within this range many times, and it’s been quite a ride.
The key area is around 85000 to 84000, which is a strong support zone. This is the opportunity to buy on the dips; if the price retraces to this area, consider entering.
To the upside, 90600 is a watershed. Once it is broken and held, it can open up new upward space. The major target above is around 93000-94000.
It's just uncertain when the direction will be confirmed; this kind of oscillating market is indeed a bit frustrating.
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ForkTongue
· 12h ago
Damn, it's this kind of rollercoaster market again, really getting on my nerves.
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HodlOrRegret
· 12h ago
Still grinding away here repeatedly, when will there be a satisfying trend?
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MetaMasked
· 12h ago
This oscillation back and forth really tests people's patience.
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BlockchainWorker
· 12h ago
Can't reach 85,000, and can't break 90,600 either. When will these days of repeatedly getting caught in the夹子 (trap) end?
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MiningDisasterSurvivor
· 12h ago
I have experienced this kind of market before. Back in 2018, it was constantly fluctuating like this every day, and in the end, it just broke through all the support levels.
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MergeConflict
· 12h ago
Ah, so you're just dancing around in the 84-90 dead zone again. When will we get to fight with real swords and guns?
The bull market is here, so run wild; the bear market is here, so also run. Currently, we are in a phase of consolidation.
Looking at the market, the range is relatively stable—top around 90600, bottom near 86700. We've oscillated within this range many times, and it’s been quite a ride.
The key area is around 85000 to 84000, which is a strong support zone. This is the opportunity to buy on the dips; if the price retraces to this area, consider entering.
To the upside, 90600 is a watershed. Once it is broken and held, it can open up new upward space. The major target above is around 93000-94000.
It's just uncertain when the direction will be confirmed; this kind of oscillating market is indeed a bit frustrating.