BTC's current market trend is progressing smoothly. After a dip around 89,000, the rebound was quite strong, directly pushing up to 91,500. Now the focus is on the 91,700 level. As long as it stays above this price, there is a chance to continue moving upward.



The most interesting part is the driving force behind this rally. It’s clear that spot trading is leading the momentum, while futures are just shaking out positions. This kind of pattern is actually healthier. If you hold long positions, consider reducing some but not all, and keep some to ride the next wave.

For those still in cash, consider building long positions in the 91,000 to 90,500 range, with targets initially set at 92,000 to 93,000. The market’s rhythm is quite steady now, and the probability of further upward movement is quite high.
BTC-0,22%
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AirdropSkepticvip
· 11h ago
It's really pointless if this key position at 91,700 can't be stabilized.
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FlippedSignalvip
· 01-09 03:54
91700 this critical level must be held, or else it will be another round of turbulence. Spot leading the contract follow-up, I like this logic, it's better than all leverage traders dumping. The opportunity for those out of position to get in has arrived, don't wait any longer. There's no need to completely exit long positions; eating the subsequent gains is the winning mindset. 92000 is not a big problem, it all depends on whether we can withstand this wave of pressure.
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FalseProfitProphetvip
· 01-09 03:54
Breaking through the 91,700 level is quite crucial; if you can't break it, don't just mess around. Spot trading is leading this wave, which is interesting, but those fake moves in the futures contracts are really annoying.
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PessimisticOraclevip
· 01-09 03:49
Whether this key level at 91,700 can hold is the real point of interest.
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GasFeeCryingvip
· 01-09 03:43
91700, this key point really needs to be held, otherwise it will pull back again Waiting for spot to continue pushing
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GrayscaleArbitrageurvip
· 01-09 03:37
Spot trading is leading the rhythm, while futures are just following the wash. This pattern is indeed comfortable. --- If 91700 holds steady, we will continue upward. No rush. --- Brothers who are out of the market, there’s still a chance to go long at this position. --- But to be honest, the drop to 89000 earlier was quite fierce, and the rebound strength has pretty much evened out. --- Those holding long positions, don’t close them all now. Let’s see how this wave plays out. --- From 92 to 93 doesn’t seem far. The market is surprisingly stable.
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