Bitcoin broke down as expected yesterday, touching a low of 90634, just one line away from the lower target of 90500.



From the current trend, the previous upward pressure has turned into support levels. The intraday trading ideas are divided into two camps—

**Bullish approach**: In the short term, consider trying long positions around 90900, with a small stop loss set at 90450. Once it pulls up, focus on the rebound space.

**Bearish approach**: If you are firmly bearish, it’s advisable to patiently wait for a rebound to the 91900-92300 range before entering short positions. The targets are aligned with the key levels of 90500 and 89200.

Overall, we are currently in a trial-and-error phase, with both bulls and bears having opportunities. The key is to protect risk points.
BTC0,06%
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GhostInTheChainvip
· 6h ago
90634, you've touched everything, but there's still a gap? This data doesn't seem right, double-check it.
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APY追逐者vip
· 01-08 01:53
Position 90634 is really stuck tight, it feels like both bulls and bears are choking each other here.
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RugpullTherapistvip
· 01-08 01:49
It's another trial-and-error phase. To put it simply, I don't know the way forward. I'll just wait and see.
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Layer2Observervip
· 01-08 01:49
The most vulnerable during the trial and error phase are the ones getting liquidated. The key now is whether 90500 can hold.
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