The correction I previously warned about has occurred.
After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase.
Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price.
In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level.
For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216.
DYOR.
After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase.
Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price.
In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level.
For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216.
DYOR.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.