This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
SleepTrader
· 12-05 10:30
Once it pulled back to 90.8k, you can tell it’s not that simple—both bulls and bears are still wrestling with each other.
View OriginalReply0
ChainSherlockGirl
· 12-05 06:40
I knew this would happen when it pulled back to 90.8k... The whales are sharpening their knives. From my analysis, that was just testing the market's psychological defenses.
If you ask me, the low-volume high at 94k is the real trap. When the retail investors rush in, the on-chain data will show a large number of wallet addresses starting to transfer funds.
Feels like that empty area around 88-89k will get filled sooner or later. A plot twist would be really exciting.
View OriginalReply0
SoliditySlayer
· 12-05 06:39
90.8k pulled back again, this rhythm is honestly a bit annoying.
View OriginalReply0
P2ENotWorking
· 12-05 06:39
Pulled back at 90.8k, this move still feels a bit shaky. I actually think it will go lower; it seems like the 88-89k area really needs to be filled, there are too many people holding trapped positions.
View OriginalReply0
LayerZeroJunkie
· 12-05 06:36
90.8k has bounced back again, this move is really amazing haha
I'm also watching that low-volume high at 94k, but honestly, it still feels a bit shaky...
View OriginalReply0
gas_fee_therapy
· 12-05 06:33
Pulling back at 90.8, this is a typical bull trap. I bet it will test 90.5 again.
BTC touched the 90,800 level yesterday, but quickly pulled back.
What's next? I see two possible directions:
If it goes up, it might test that low-volume high around 94k—you know, the kind of spot where the price surges but the trading volume isn’t great.
If it heads down, it’ll probably retest 90.5k. If that doesn’t hold? Then the gap between 88k and 89k is likely to get filled.