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BTC reaches 90,000 to start a short-term adjustment

Recently, it has been rising continuously, heading towards the high of 90,000 USD

However, according to my data monitoring

Only a small amount of selling pressure has emerged in the 80,000-85,000 range

The subsequent direction remains unclear

📈 Trend Outlook

In the long term, the bullish market pattern remains solid;

but in the short term, the risk of a pullback is not to be ignored.

The daily candlestick shows an accelerating upward trend, while the RSI indicator has risen to a high of 80, entering the overbought zone, friends need to stay calm.

📊 Technical Analysis

The moving average system shows a bullish arrangement, but the price has deviated significantly from the moving average, leading to two possibilities: either the price pulls back to the moving average, or it consolidates sideways, waiting for the moving average to catch up. Current market sentiment is extremely optimistic, with trading volume, especially high trading volume, surging, which needs our attention ⚠️

💡【Operation Suggestions】💡

For those holding long-term positions

There is no need to panic during the pullback, hold patiently.

For swing traders, it may be appropriate to reduce positions

Adjust holding structures and look for opportunities to enter after the pullback.

For Bitcoin, 93,000 and 100,000 USD are psychological expected price levels.

It’s not the candlestick that decides; timely locking in profits is key;

For those who have not yet entered the market, a 20% drop in altcoins can be a starting point for looking for coins.

There’s no need to rush.

Remember, a true bull market operates quarterly; there are plenty of opportunities, don’t be held hostage by prices, certainty is what matters most.

On the journey of the bull market, proceed steadily.

Stay calm and operate rationally, let’s welcome more excitement together!

#Bitcoin# #BullMarketTrends# #InvestmentStrategy$BTC #