As the Asian market opens, BTC's trend is much clearer than last night.



The most obvious point is— the price has not continued to decline, but has instead stabilized at a key support level. What signals does this behavior reveal?

Generally speaking, if it were truly a weak market, the price would break through these levels early in the session. But the current situation is different. The bulls seem to be waiting for a confirmation signal, and the bears have not launched an effective push down.

This leads to two possibilities: one is a trap to lure in retail investors before dropping the price; the other is a continuation of the bullish momentum after accumulation, with the potential for the price to break through the upper resistance.

Looking at the market structure, some do not want BTC to continue to be cheap—this is a fact. The key question is: is this force testing the market reaction, or is it truly gathering strength for a move?
BTC1.41%
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VitalikFanAccountvip
· 5h ago
Is it a bull trap or accumulation? It's really hard to tell; it all depends on who has more chips in hand.
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ZeroRushCaptainvip
· 5h ago
Ha, it's the same old story of "key support level held." Last time I heard this, I still had five digits; now I'm down to four. Bullish buildup? Trap of诱多? Bro, I've experienced both, and my gut feeling is that the probability of诱多 is always 90%. With reverse indicators in play, I say if it breaks through, it will definitely crash; if I say it will fall, it actually rises. Does someone not want BTC to be cheap? Then someone is definitely accumulating. But the key point is— that person is definitely not me.
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ZkProofPuddingvip
· 5h ago
Is it a trap or genuine accumulation? No one can say for sure in this wave.
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DegenTherapistvip
· 5h ago
Is it a trap or accumulation? Honestly, I can't see through this situation, but as long as the support hasn't broken, it indicates that someone is defending the market.
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