From the current market situation, Bitcoin touched a low of $85,500 yesterday, and a brief surge occurred this morning, rising to around $90,000, driven by over $110 million in short position liquidations and a concentrated influx of spot buying. However, the sustainability of the rise is insufficient; as of now, the price has retreated to around $88,000, mainly constrained by the strong resistance zone of $92,000-$94,000 ā this area overlaps with previous highs and the pressure from the descending trend line, which has repeatedly become a āroadblockā for rebounds. Meanwhile, ongoing selling by long-term holders poses potential pressure, with nearly $300 billion of dormant Bitcoin re-entering circulation in 2025, while ETF fund outflows have weakened market absorption capacity, limiting the rebound space.
The technical indicators show conflicting signals: on one hand, the daily RSI indicator shows bullish divergence, with prices making new lows but the indicator's lows rising, and the RSI previously dropped below 30 into the oversold territory, indicating a short-term correction demand; on the other hand, although the lower Bollinger Band provides support, the death cross of the moving averages above significantly suppresses prices, and the four-hour MACD shows diminishing volume, suggesting insufficient upward momentum. Key support focuses on the $85,000-$86,000 region, where previous lows, long-term trend lines, and the average ETF cost line converge, representing a ālifelineā for determining short-term trends; an effective breach would open up a downward space to $80,000-$82,400; if support holds, $89,400-$92,500, as a Fibonacci retracement level and the convergence area of active address average costs, could become a rebound point.
- Short-term judgment: Todayās probability of fluctuation is high in the $85,000-$89,000 range, with a high probability of a slight dip near $85,000; if it holds, a deep drop is unlikely, but a breach would accelerate the decline to $81,000-$82,400. ā - Conditions for triggering a deep drop: A daily closing price below $85,000 + continuous net outflows from ETFs + significant declines in U.S. stocks could potentially lead to $80,000 or below, though the probability of extreme situations is low. ā - Small rebound opportunity: RSI shows bullish divergence; if support holds, a slight rebound to $89,000-$92,000 is possible, but the probability of encountering resistance and falling back is high.
Suggestion: If it falls below $85,000, decisively reduce positions; using stop-loss operations is more prudent.
In U's world, there is no savior. Those who shout 'guaranteed profits' are mostly hunters eyeing your wallet. Instead of believing in rumors, it's better to calm down and study candlestick charts. The pits you've stepped in and the tuition you've paid will eventually become your unique trading confidence. Profit and loss are your own responsibility; being calm in the rise and fall is the practice that retail investors should have.
Say goodbye to the trap of 'master recommended coins' and no longer be a follower. By choosing this path, you are already 40% right; the rest must be walked step by step by yourself. The logic of making money needs to be understood bit by bit. Even if there are temporary losses, it is an inevitable road for cognitive upgrade. Make independent judgments, accumulate slowly, and time will give the best feedback to those who study earnestly.
'Heavy positions must stop-loss, small positions grind slowly.' Give up the fantasy of 'coin gods' and treat trading as a self-cultivation journey. There are no shortcuts; the only way is to summarize experiences in practical battles and temper your mindset in fluctuations. Acknowledge losses and be grateful for profits.
Every coin selection prioritizes the mainstream; operations are opportunities for growth.
After all, truly reliable investments have always been realized through one's own understanding.
Bitcoin $BTC my other account is still holding on.
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Fogo is a high-performance Layer-1 public chain compatible with SVM, redefining on-chain transactions and DeFi experiences with a lightning-fast block time of 40 milliseconds, institutional-level low latency, and high throughput, perfectly suited for professional scenarios such as high-frequency trading and real-time settlement. The project is backed by top-tier capital, upholding community-first principles, canceling pre-sales, and increasing airdrops and ecological incentives to ensure fair value returns to holders.@FOGO Continuously promoting mainnet iteration, cross-chain interoperability, and developer ecology, $FOGO assuming core functions such as covering Gas fees, staking mining, on-chain governance, and transaction fee discounts, deeply binding ecological growth. From tool migration, DApp landing to asset circulation, Fogo opens up new spaces for users and developers on high-performance public chains with minimal costs and maximum efficiency. Keep up with @undefined official updates, participate in ecological construction, share technological dividends and growth benefits, and build an efficient, transparent, and inclusive new generation of blockchain infrastructure together.<t-18/>#Fogo
#fogo $FOGO Fogo, with a lightning-fast block time of 40 milliseconds and SVM-compatible architecture, creates an institutional-level low-latency public chain, redefining high-frequency trading and DeFi experiences. @fogo continues to deepen its ecological landing, with $FOGO as the native token, which undertakes core functions such as Gas fees, staking mining, and community governance, empowering the on-chain value flow. Backed by top capital support, Fogo attracts developers and users with its technological advantages, continuously enriching ecological applications. Keep up with @FOGO dynamics, seize the dividends of the high-performance public chain track, and jointly build a new ecosystem of efficient and transparent blockchain! #Fogo
#fogo $FOGO Fogo leverages a lightning-fast block generation time of 40 milliseconds and an SVM-compatible architecture to create a low-latency public chain for institutional use, redefining high-frequency trading and DeFi experiences. @fogo continues to deepen ecological implementation, with $FOGO as the native token, undertaking core functions such as Gas fees, staking mining, and community governance, empowering on-chain value flow. Backed by top-tier capital support, Fogo uses its technical advantages to attract developers and users, continuously enriching its ecosystem applications. Stay updated with @fogo dynamics to seize the benefits of the high-performance public chain track, jointly building an efficient and transparent new blockchain ecosystem! #Fogo
These two are not "real"; they are both knockoff meme coins riding on Tesla's popularity and have no relation to the legitimate contracts coming to Binance or Tesla.\n\n- The first contract address 0xc65f...134444: liquidity and trading volume are relatively higher, but it is only tens to hundreds of dollars, typical of a small-cap air coin.\nā\n- The second contract address 0x562a...254444: liquidity is almost 0, and the trading volume is very low, with higher risk than the first one.\n\nThe "real" Binance Tesla stock perpetual contract you are looking for does not have a blockchain contract address; it is an internal derivative on the Binance platform, not an on-chain token.
How many people want to achieve freedom in the cryptocurrency market? How many people have been liquidated due to contracts?
I have been liquidated before, I once held my phone all night long I used to mindlessly trade contracts even on weekends After half a year, I also became an old investor
Now, most of my funds only play with $BTC No stop-loss I only open positions with 5% of the principal. I will only add to a position once I will take profit at 60% once I make 20%
If you are also a fresh investor, you can operate like this.