Gate Square โCreator Certification Incentive Programโ โ Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1๏ธโฃ Open the App โ Tap [Square] at the bottom โ Click your [avatar] in the top right.
2๏ธโฃ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
๐ฆ Flying Fish Night Trading Urgent News: W bottom perfectly fulfilled! The 90,000 mark is underfoot, and the US stock market will decide at 90,500!
Latest Situation In-Depth Review:
Prediction perfectly validated: Brothers, Flying Fish does not deceive! Yesterday, we repeatedly emphasized the power of the 87,200 W bottom and the acceleration after breaking through 88,500 neckline. Looking back now, that was an excellent โgolden pitโ! The price has been advancing all the way, just breaking through the psychological barrier of 90,000, reaching a high of 90,444.
Breaking Key Levels: The previous strong resistance at 89,444 has been forcefully pierced by a large bullish candle, completing the top-bottom reversal. Now, 90,000 is no longer pressure but a new starting line for the bulls.
US Stock Market Assistance: There are 5 minutes until the US stock market officially opens. The current 90,027 indicates that off-market funds are very eager. As long as it stabilizes above 90,200 tonight (the previous oscillation box top), the path ahead will be smooth, heading straight for 91,500!
1. Support and Resistance Levels (Flying Fish Midnight Version)
๐ข Short-term support (1-3 days, tonight/US stocks)
89,400 - 89,500: Immediate support (top-bottom conversion). The previous โceilingโ has become the current โfloorโ. If US stocks pull back at open, this is an excellent point to add longs.
88,800: Strong support. Intraday rally relay platform.
88,500: W bottom neckline. Absolute defense line for bullish structure. As long as it does not fall back here, the upward trend remains intact.
๐ต Medium-term support (1-2 weeks, swing)
87,200: Iron bottom of the month. A solid bottom confirmed after two dips.
86,000: Trend lifeline (MA50).
84,500: Lower boundary of the large cycle box.
๐ด Short-term resistance (1-3 days)
90,200 - 90,500: Core resistance (previous high pressure). This is currently the only obstacle. It was knocked down before; tonight must break through with volume.
91,200: Target 3 on the chart.
91,800: Short-term overbought pressure zone.
๐ Medium-term resistance (1-2 weeks)
92,500: Trend reversal confirmation point. Breaking above this indicates the end of the 96k correction and the start of a new main upward wave.
94,500: Dense area of trapped positions.
98,000: Previous high.
2. Overall Analysis and Best Entry Strategy
Comprehensive view: The current 90,027 is in the โconfirmation period after breaking through the 90,000 thresholdโ.
Bullish strategy (dominant): The trend has completely reversed. The W bottom is effective, and the breakthrough of the 89.5k key level. The current logic is โbuy on pullback,โ as any correction is to jump higher.
Bearish strategy: Strictly avoid going against the trend to top out! The 90,000 level has just been broken, and the momentum is very strong. Shorting now is like blocking a train. Unless a false breakout at 90,500 with a spike is seen, do not short.