#策略性加码BTC 💡 Key Analysis of $BTC Daily Chart Movement | Bulls and Bears Face Off

What stage is the current market in? Simply put, it's a rebound during a downtrend. After bouncing back from around 91K, although the short-term moving averages are starting to turn upward, they are still firmly pressed down by the downtrend line and medium-term moving averages — this is not a reversal signal, just a breather in the decline.

The three most critical price levels you need to remember:

**Support levels**: 91.3K (Fibonacci 0.236) is a strong support zone, validated multiple times; 93K serves as an intermediate buffer.

**Resistance levels**: 98K (0.382) is the current major watershed; breaking through it is necessary for a bullish trend; 103.4K (0.5) is the threshold for confirming a shift to strength; 108.7K (0.618) is the true starting point for a bullish rally.

Currently, the price is oscillating between 95K and 98K, with no clear decision made yet.

Volume analysis makes the situation more evident — volume increases during declines, but decreases during rebounds. What does this indicate? Major players may be gradually reducing their positions during rebounds, rather than genuinely pushing prices higher. Beware of traps that lure you into false optimism.

**Three possible scenarios**:

Break through and stabilize above 98K? Then look toward 103K and even 108K, indicating a trend shift to bullish. If it spikes high then falls back? Be cautious of being lured into false longs, likely retracing to the 93K-91K range. If it falls below 93K? Directly test 91K; if it loses that, continue to watch 88K.

**Core trading logic**: Breakout signals long positions, suppression signals short positions. Don’t gamble on the direction at key levels; just see if it can hold steady.

Remember these three levels — 98K, 93K, 91K. Follow the one that holds, and wait if it doesn’t.