The current trend of Bitcoin gives us two clear paths.
**Bullish side**: If the price can push up with volume and successfully break through the key resistance at 95,780, and the hourly chart closes above that level, it signals a right-side long entry. First, watch the previous high at 97,200; if there's a strong breakout above 97,370, the upward potential can be further unlocked.
**Bearish side**: Conversely, if the price drops below the support at 95,000 with volume, and subsequent rebounds fail to return to this level, it confirms a bearish signal, and a right-side short entry is warranted. The initial target is the 4-hour neckline at 94,500. The key is that if the 4-hour chart closes below 94,485 and cannot recover, the correction trend is officially established, potentially dropping all the way to 93,200, with a final target of 92,500.
Important reminder: Regardless of the direction, always set stop-losses. Protect your principal and buckle up before making a move.
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BasementAlchemist
· 17h ago
If 95780 can't be broken, you might need to consider a short position. Feels like this wave is a bit fierce.
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LiquidityHunter
· 17h ago
What is the liquidity depth at the 95780 level? How much slippage has there been in this price range in previous years? It seems that the arbitrage opportunity might be within those few minutes of the rebound.
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HashRatePhilosopher
· 17h ago
95780 Whether to break or not, this time is truly a watershed moment. It feels like we're about to go through repeated testing again.
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gas_fee_therapist
· 18h ago
If 95780 can't be broken, then consider a short position. This market trend really leaves no other choice but a binary decision.
The current trend of Bitcoin gives us two clear paths.
**Bullish side**: If the price can push up with volume and successfully break through the key resistance at 95,780, and the hourly chart closes above that level, it signals a right-side long entry. First, watch the previous high at 97,200; if there's a strong breakout above 97,370, the upward potential can be further unlocked.
**Bearish side**: Conversely, if the price drops below the support at 95,000 with volume, and subsequent rebounds fail to return to this level, it confirms a bearish signal, and a right-side short entry is warranted. The initial target is the 4-hour neckline at 94,500. The key is that if the 4-hour chart closes below 94,485 and cannot recover, the correction trend is officially established, potentially dropping all the way to 93,200, with a final target of 92,500.
Important reminder: Regardless of the direction, always set stop-losses. Protect your principal and buckle up before making a move.