The price of $BTC is currently being heavily compressed within the $89,700–$90,700 range. Is this preparation for a strong breakout or a prelude to a sharp drop?

BTC
BTCUSDT
90,090.2
-0.42%

🔹Below $89,500 is a densely populated area of ​​long positions, a breach of this level could trigger a sharp sell off to $88,000, wiping out the buyers.


🔸 Conversely, between $91,000 and $92,000 is a cluster of short positions awaiting liquidation. A price surge above $91,000 would trigger a short squeeze, pushing the price higher.

🔹 Tight liquidity at both ends combined with near zero volatility +0.03% suggests the market is nearing the end of its sideways phase and poised for a breakout.

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This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.