Greeks.live: $90,000 is currently the key resistance level for BTC, and the market sentiment is still generally bearish
Greeks.live released a community brief, pointing out that the current consensus among traders is still bearish, believing that the current price trend is a temporary rebound in a larger downward trend. Traders regard $90,000 as the key resistance level at this stage and believe there will be sell-offs after Strategy announced an increase in Bitcoin holdings. Most traders believe that this stage is just a temporary rebound in the ongoing downtrend, expecting more price fluctuations. Due to lack of confidence in the sustainability of rising prices, some members are selling call options at $90,000 and $91,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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