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Bitcoin is currently in a delicate balancing phase. The bulls and bears are at an impasse, liquidity is noticeably lacking, and the Bollinger Bands have tightened, which often indicates short-term volatility will be suppressed — but this could also be the calm before a major move.
Some believe this month could serve as a trigger for a deep correction, with the market offering considerable downside space. This is not alarmist but a reminder that when the pace slows down, it’s often when the undercurrents are the most intense.
However, from a different perspective, the medium- to long-term story is actually unfolding scene by scene. Institutional capital is entering, and the integration of the US banking system with the crypto market is no longer just a concept. All these point to one direction: incremental funds are on their way. Currently, the flow of funds into ETFs has become a key factor influencing market sentiment.
Technical data shows: the current price is at 90512.3 USDT. The key support level is at 90634.1 (actually right at your feet), with the support zone between 89242.0 and 90800.6. What about resistance? It’s in the range of 90748.6 to 92249.3.
In practical terms, near the support level, you might consider placing buy orders; if the price breaks below support, stop-loss to exit. This is a way to protect yourself.
But more importantly, mindset matters. Before the trend is fully clear, there’s no need to rush into chasing gains or panic selling. This phase is about building energy; wait until the trend is truly established before taking action — that’s much smarter than blindly jumping in.