$BTC
Bitcoin Trend Observation 📊
In recent days, the cryptocurrency market has remained sluggish, while US stocks, gold, and silver continue to fluctuate at high levels.
The fundamental reason is simple: the profit-making effect in the cryptocurrency space is too weak.
When institutions are unable to buy in phases, and retail investors lack the confidence to follow, the market naturally tends to enter a 'grinding mode'. 😮💨
However, looking at a longer time frame, I still do not believe that we will directly enter a long bear market in 2026.
From the perspective of risk assets and 'digital safe-haven assets', Bitcoin still has room for imagination. 🧱
How to view the structure?
The large-scale price has already reached the lower edge of the consolidation range.
Market sentiment is once again approaching extreme fear 😱
👉 If it’s a medium to long-term layout, this is a position to consider entering in batches.
👉 But one thing needs to be clear: bottom fishing itself is a contrarian behavior.
For short-term traders, a more cautious approach is to wait for the direction to become clear before participating ⚖️
Key price levels:
Support below: 86000 – 87000 🛡️
Resistance above: 89000 – 90000 🚧
Trading thoughts:
Low position area: ❌ Do not consider shorting.
Can attempt light positions to go long.
If a rebound reaches 89000–90000 and encounters resistance, consider short hedging 🎯
The market is not stimulating, but the position is very critical.
In this phase, it’s not about speed, but patience for the cycle.