The current callback trend is approaching its limit, and signs of reversal are beginning to emerge. Determining the timing for a reversal and entering a long position is the core challenge in the current market scenario.
From a liquidation perspective, there are still a large number of pending liquidations around the price level of 91500, and this area has become a key node for reversal.
It is expected that the market may experience violent fluctuations here, including a brief spike down followed by a strong rebound.
Once the liquidations below are completed, the bullish force is expected to regain dominance, and the market will welcome a new round of upward movement. After shedding the heavy burden, the market will rise more lightly.
To achieve longer-term goals, we need to make plans first and then take action, ensuring we seize opportunities at the right moment.
For those who are not yet able to analyze, if you want to learn more about the cryptocurrency world and stay updated with cutting-edge information, follow me and check the pinned profile for resources; I will guide you in without any barriers.