🚦 Current Situation: The price is consolidating around the 97,000 USDT level. After reaching a local high at 108,429 USDT, Bitcoin is showing a pullback but remains in a sideways range.
🧠 Strategy: 🔹 Long: Planning to set limit orders in the marked green zones:
🟢 First zone: 87,673 USDT — potential bounce after a squeeze. 🟢 Second zone: 75,194 USDT — a more aggressive scenario if bears break through support. ❌ Not planning to short because:
There’s a risk of a sharp rebound. A potential reversal scenario through stop-loss hunting above. The market remains highly volatile, and a bearish impulse could quickly turn bullish. 📊 Technical Outlook:
Support Level: 91,097 USDT — red line. Interest Zones: Highlighted in green. Liquidity Areas: Possible squeeze to collect stop-losses before growth. 📈 Base Scenario:
Expecting a possible squeeze below 91,097 USDT, reaching the first long zones. After that, a bounce and development of a bullish impulse are possible. The primary target is a return to the 100,000+ USDT zone. ⚠️ Risks:
Breaking key support zones could lead to a deeper correction. High volatility — it’s important to maintain risk management and avoid emotional decisions. 📌 Conclusion: Keeping a close eye on the market, monitoring the reaction at support levels, and staying ready for a correction. The focus is on limit orders in potential squeeze zones, but without rushing into shorts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.