BTC rebound after reaching 7000 dollars, entering a critical contest area
From last night's rebound to now, it has pulled up to 7000 dollars.
This strength in the current market is considered a very hard push on the gas.
Those who followed in at lower levels should consider taking profits in batches here.
It's not about being bearish, it's about risk control—those who make profits should lock in gains first, that's the rhythm of experts.
Next, focus on two key things:
① Today's sentiment contest around 94,000
Current market sentiment is quite hot, and 94,000 will likely be tested today:
Either it will surge directly, or there will be a false breakout followed by a pullback.
② Upper pressure: 96,500
If Bitcoin strongly surges to 96,500 and can break through smoothly, stabilize, and gain volume,
then there will be an opportunity to touch 100,000 dollars again.
This is a structural position, not a trading signal, but market logic.
The support area below gives you two points:
92,000: strong short-term support, watch for reactions
89,500: emotional level support, be cautious of a waterfall once it breaks
If support holds, continue to watch for a rebound extension;
If support fails, the market will return to a downward oscillation rhythm.
In summary:
The rebound is strong, but the next step is where the competition will be determined.
Lock in profits from lower levels, and don’t get emotional at higher levels.
