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1.27 The daytime market looks so dull it makes people sleepy. Bitcoin is hovering around 88,500, bouncing back and forth, with volume shrinking like a deflated soda. The MACD seems to be forming a death cross. This scene is all too familiar, another old trick of “slow simmering.” The big players have set the pot, turned the heat to just right, waiting for impatient retail traders afraid of missing out, who think the water temperature is perfect, and then jump in with a splash.
This position is very critical now, as bulls and bears are wrestling here. Going up, the 90,000 to 90,800 range is a high-pressure line. Without real volume and genuine buying power pushing through, it’s easy to form a double top. The likely next move is to test the bottom again. Looking down, around 86,800 is a hurdle. If this level is truly broken, then there’s nothing more to say — it proves that the recent so-called rebound is just a “pig slaughtering scheme” designed to trap the bulls.
The market is lively now, with screens full of calls for “takeoff,” “rocket,” and “all-in,” emotions running hot. But as the old saying goes, the market is born in despair and ends in celebration. At such times, I stay especially clear-headed. I don’t guess whether it will fly or not; I just do the math: at this position, the upside is heavily restricted, while the abyss below is seemingly bottomless. The risk-reward ratio doesn’t add up.
My strategy is simple: stick to high-altitude $BTC
Hunting zone: 88,850, preset 89,380-89,780 for adding short positions
Initial target zone: 87,800 (take profit and reduce position upon reaching)
Ultimate target zone: 87,200 → 86,500
Stop-loss line: 90,680 (exit decisively if it stabilizes above)
That’s the plan: test near resistance, admit defeat if the defense line is broken. Trading is like guarding a night watch; before the candle burns out, you must know which door to retreat through.