#数字货币市场洞察 BTC’s recent pullback was pretty brutal, directly breaking through the $90,000 psychological barrier and dropping to around 87K at its lowest. What’s the current market situation? Mainly consolidation, with bears having a slight upper hand.
From a technical perspective, the support range has shifted down to the 88,600-87,000 area. The daily MACD has shown a death cross signal, indicating the market is still gearing up for a big move, with bulls and bears locked in a tug-of-war and short-term direction unclear. At times like this, it’s suitable for swing trading: reduce positions on rallies, buy on pullbacks, and avoid chasing highs or panic selling.
However, some voices suggest that market sentiment may warm up before year-end, leaving some room for a rebound. Let’s wait and see.
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SerumSqueezer
· 16h ago
If 87K can't hold, then we'll have to look at 88K; otherwise, this round might really break through the psychological threshold.
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NotSatoshi
· 12-06 03:10
The 87K level really didn't hold; I knew the bears wouldn't give up so easily. Swing traders must be thrilled right now, buying the dip and selling high.
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SundayDegen
· 12-06 03:09
Can 87K still hold? I think it depends on what the Fed says; otherwise, it feels like it might keep dropping.
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MEVictim
· 12-06 03:09
The 87K level was broken too quickly; the bears are really aggressive.
It's easy to say "reduce your position on rallies," but in practice, it's easy to get trapped.
Year-end rebound? I doubt it. We'll have to wait for some strong news.
I noticed the MACD death cross early on, just waiting for some big influencer to call the trade.
How do you play the swings? It feels even harder than holding long-term.
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MEVHunterX
· 12-06 03:08
It dropped again, the 87K psychological barrier was broken just like that, pretty intense. Swing traders must be loving this right now. I’ll wait and see for now, still feel like there’s more to come before the end of the year.
#数字货币市场洞察 BTC’s recent pullback was pretty brutal, directly breaking through the $90,000 psychological barrier and dropping to around 87K at its lowest. What’s the current market situation? Mainly consolidation, with bears having a slight upper hand.
From a technical perspective, the support range has shifted down to the 88,600-87,000 area. The daily MACD has shown a death cross signal, indicating the market is still gearing up for a big move, with bulls and bears locked in a tug-of-war and short-term direction unclear. At times like this, it’s suitable for swing trading: reduce positions on rallies, buy on pullbacks, and avoid chasing highs or panic selling.
However, some voices suggest that market sentiment may warm up before year-end, leaving some room for a rebound. Let’s wait and see.