Looking at Bitcoin's current performance, friends who were previously trapped finally have a chance to break free this time. The rally from the bottom has indeed been quite comfortable. However, the price level at 88,000 does seem a bit awkward, with both buyers and sellers hesitating here. Such volatility actually puts a lot of pressure on short-term traders. From a technical perspective, there is a significant possibility of continued resistance above. If this key level cannot be held, there may still be room for further decline, and the bearish outlook should still be valid. In short, take the opportunity to lock in profits and don't be greedy.
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MevHunter
· 6h ago
The 88,000 level is really a tough barrier. Whether to take action now or keep holding on is the real skill.
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MidnightGenesis
· 6h ago
What does the on-chain data at the 88000 position show? I monitored the movements of whale wallets, and the interesting part is... large transfers have indeed stalled here. Based on past experience, this kind of hesitation period often indicates something. It’s worth noting not to be fooled by the superficial rebound.
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WagmiAnon
· 6h ago
Don't be too optimistic about the 88,000 level. I feel another shakeout is coming.
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POAPlectionist
· 6h ago
88000 is holding tightly, it feels like it's about to break through.
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ETHmaxi_NoFilter
· 6h ago
88000 is really an awkward level; it makes me uncomfortable just looking at it. The selling pressure is quite intense.
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TokenCreatorOP
· 7h ago
88000 is really a tough level to break through. The bearish logic still holds, but don't be too greedy.
Looking at Bitcoin's current performance, friends who were previously trapped finally have a chance to break free this time. The rally from the bottom has indeed been quite comfortable. However, the price level at 88,000 does seem a bit awkward, with both buyers and sellers hesitating here. Such volatility actually puts a lot of pressure on short-term traders. From a technical perspective, there is a significant possibility of continued resistance above. If this key level cannot be held, there may still be room for further decline, and the bearish outlook should still be valid. In short, take the opportunity to lock in profits and don't be greedy.