Today is the weekend, liquidity is poor, and everyone is very concerned about the direction of Bitcoin. Let me discuss the temporary trading direction.
$BTC : Bitcoin contract trading is cautiously bullish in the short term (or observing), and bullish in the medium to long term.
Short-term (December) pullback risk is high, with potential dips to $83,000-$86,000. However, the probability of success for medium to long-term bullish positions is greater.
Fundamental support: supply scarcity, institutional adoption, macroeconomic easing). Current conditions are not the best for full position, suitable for observation.
If going long on contracts, please be patient and wait for the right moment, refer to the following strategy:
Best entry price: $87,000-$89,000 (near current price or slight pullback, close to short-term support + oversold area).
Take profit point: first target $93,000-$95,000 (short-term resistance), second target $100,000-$112,000 (if it breaks above $93K).
Stop loss point: short-term long position stop loss below $84,000-$85,000 (breakdown confirms continuation of the bear market).
The cryptocurrency market is highly volatile, it is recommended to consider individual risk tolerance, and pay attention to ETF inflows, Federal Reserve dynamics, and on-chain data.
