Bitcoin has been hovering around $93,000 for a while now, and many holders are starting to waver.
However, from the weekly structure, the previous pullback did not break the key support at $90,000, which often indicates potential space in technical analysis. The $100,000 mark is indeed a psychological barrier, and it is normal for prices to oscillate repeatedly before this level—this position serves both as a panic line for retail investors and possibly as a buying zone for large funds.
Currently, $93,000 is just a relay point in the overall upward channel. Historical experience tells us that each deep pullback is often accompanied by subsequent explosive rallies. Choosing to short at this position? The risk-reward ratio is clearly unfavorable; once it breaks $100,000, the cost of chasing will rise sharply.
**If you want to participate in long opportunities, here is a reference plan:**
⚠️ **Risk management first (important)**
BTC is at a historical high range; although the trend is slightly bullish, a sharp pullback can occur at any time. It is recommended to build positions in batches and strictly prohibit heavy positions.
• **Entry range**: 91,500 - 92,500 (ambush point during panic pullbacks)
• **Stop-loss level**: 89,000 (if it breaks below the $90,000 round number and cannot recover, exit)
• **Target level reference**:
🎯 First level 98,000 (near the previous high point; it is recommended to reduce positions to secure profits)
🎯 Second level 105,000 (emotional release point after breaking $100,000)
🎯 Third level 126,000 (optimistic expectations at the weekly level; patience is needed to hold coins)
Market fluctuations are the norm; the key is not to let short-term oscillations affect your judgment logic.
