Bitcoin's short-term flow is tilting bearish right now. Demand is stacking up around the $87,800–$88,500 zone—that's where buyers might step in. But here's the thing: there's also a thick liquidity pocket sitting just above $90,000.
So the real question? Which level breaks first—downside support or upside resistance? Market's at a crossroads.
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.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
SatoshiChallenger
· 23h ago
It's the same old "liquidity trap" analysis again... Data shows that every time the technical analysts say this, the market tends to move violently in the opposite direction. What's interesting is that the 88500 support level also appeared last year, and then? It dropped straight through by 20%.
Lesson from history: The market is never as neat and orderly as it is in textbooks.
View OriginalReply0
BankruptWorker
· 12-07 09:51
Will that key support at 88500 really hold? Feels like it's about to break at any moment.
View OriginalReply0
RugPullAlarm
· 12-07 09:51
I've been watching this demand range of 87,800-88,500 for three days now. Whale address flow data shows that funds are slowly concentrating... The real trouble is the liquidity trap above 90,000. In this kind of setup, it's easiest for the market to get dumped. Don't be fooled by retail investor narratives.
View OriginalReply0
HodlOrRegret
· 12-07 09:49
Drawing lines again... The real question this time is whether it'll break 90k or not, right?
View OriginalReply0
GamefiHarvester
· 12-07 09:49
Talking about support and resistance levels again. To be honest, I only care about when it can return to 120,000.
View OriginalReply0
SurvivorshipBias
· 12-07 09:47
The 88,500 level feels like it’s about to break... but the liquidity pool at 90,000 is really tough.
Bitcoin's short-term flow is tilting bearish right now. Demand is stacking up around the $87,800–$88,500 zone—that's where buyers might step in. But here's the thing: there's also a thick liquidity pocket sitting just above $90,000.
So the real question? Which level breaks first—downside support or upside resistance? Market's at a crossroads.