Everyone, get ready. This wave of BTC market movement looks promising.
Just completed the standard 886 shark pattern, and the rebound has already started. Based on the Bollinger Band breakout and pullback rhythm, it’s highly likely to surge toward the 4-hour midline or upper band—that is, the 88K to 90K range. The first resistance level of this rebound is already quite clear.
There are underlying currents in the news front. The probability of Japan raising interest rates has soared to over 90%, and the market is likely to hype around this. The inducement to short before the FOMC meeting may intensify, but once the negative news is priced in, the rebound’s explosive power could be released instantly. CPI data from the US is also coming out; the official expectation is 3.0%, but considering oil prices and tariff-driven logic, the actual figure might be between 2.8% and 2.9%. This data release will have a significant impact.
The real opportunity lies here—before the data is released, the inducement to short combined with the low-position bottom already laid out on the weekly chart can brew a definite long setup. When uncertainty clears, that will be the best entry point.
From a technical perspective, support levels are crucial: 85K is the intraday critical level, and the strong weekly support at 82K has already nailed down the bottom, leaving limited room for a pullback. On the resistance side, the 91K to 94K zone is a high-pressure area. Over the next two days, this resistance zone will slightly shift downward, with the golden resistance at 90K to 91K, making shorting at this level with a rebound quite high in probability.
Summary: The current rebound is driven by both pattern formation and news preheating. Watch how the 88K to 90K level handles pressure first; the 90K to 91K zone is a better entry point for shorts, while the 85K to 82K range is a comfortable zone for low buying. Avoid missing out or getting trapped; precise level entry is key.
