BTC at the $90,000 level is currently playing out a psychological battle in the market.
Many are still looking for top divergence on the K-line, expecting a "healthy correction" and a big drop. But the reality is far more complex.
What does the sideways movement over the past two weeks indicate? The selling pressure has been completely exhausted. When FUD news appears, the main players just test with a quick spike and then withdraw instantly. What does this mean? The buy orders outside the market are far beyond everyone's imagination.
From another perspective, the market is engaged in a high-level turnover game—those who entered at $60,000 and are now floating profits, as well as speculators scared out at $90,000, are all being replaced by new funds believing that "$100,000 is just the starting line."
Once this turnover is complete, it may not require any major positive news. A sudden bullish candle, or even a false rumor, could ignite this market full of combustible gas.
Remember when BTC was at $10,000? Back then, everyone thought it was expensive and worried about a big drop. And after waking up? It was never the same again.
Now, $90,000 is like another $10,000 from ten years ago. For those with no positions, this isn't the time to waste—it's the final countdown before ignition. Don't wait for that fire line to be lit; at that moment, a single surge could cost you a year's salary.
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BTC at the $90,000 level is currently playing out a psychological battle in the market.
Many are still looking for top divergence on the K-line, expecting a "healthy correction" and a big drop. But the reality is far more complex.
What does the sideways movement over the past two weeks indicate? The selling pressure has been completely exhausted. When FUD news appears, the main players just test with a quick spike and then withdraw instantly. What does this mean? The buy orders outside the market are far beyond everyone's imagination.
From another perspective, the market is engaged in a high-level turnover game—those who entered at $60,000 and are now floating profits, as well as speculators scared out at $90,000, are all being replaced by new funds believing that "$100,000 is just the starting line."
Once this turnover is complete, it may not require any major positive news. A sudden bullish candle, or even a false rumor, could ignite this market full of combustible gas.
Remember when BTC was at $10,000? Back then, everyone thought it was expensive and worried about a big drop. And after waking up? It was never the same again.
Now, $90,000 is like another $10,000 from ten years ago. For those with no positions, this isn't the time to waste—it's the final countdown before ignition. Don't wait for that fire line to be lit; at that moment, a single surge could cost you a year's salary.