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Bitcoin's recent rally has been significant, but the upward momentum has clearly weakened lately. From the chart, the price is pulling back and consolidating at a high level, with key resistance locked between 92,500 and 93,500 — the supply and demand dynamics here are quite evident.
This morning, the bulls attempted to reignite the upward trend but were met with resistance and pulled back. Subsequently, Bitcoin has been oscillating below the resistance level, unable to break through effectively. This position is critical; if it cannot hold steady, the probability of a decline will increase substantially. Stay closely tuned to the upcoming movements, especially the performance within this resistance zone.
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If 92500 really can't hold, my stop loss order would have been eaten long ago, I'm numb.
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Here we go again with this same pattern, every time they talk about key resistance levels, and then what? My leverage has already surrendered.
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Watching the bulls charge to the top again and again only to fall back, it's like watching my account balance...that kind of despair.
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If I had taken profits yesterday based on this analysis in time, I wouldn't be so regretful now, but I got too greedy.
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Resistance levels, resistance levels, the pressure has crushed my mindset, if it really breaks down this time, I'll livestream drinking lemon juice.