Toothless

No clear pullback signal has been given, maintaining the continued short squeeze situation. A short squeeze is highly probable, breaking the previous high, with a pullback signal at the arch. For reference, a bearish outlook needs to adjust based on the breakout situation.

A significant breakout has occurred, validating the gap, showing characteristics of a unilateral pullback.

This short squeeze has been very aggressive, breaking through 92000, which has become the first support level for the top sideways movement. So far, 92000 has become the support level maintaining the top trading range. The next step is whether to break 92000 and reverse to crash down to 87000, or to continue the short squeeze and push up to around 97000. It is crucial for the market data to provide a signal. Participating after a complete signal appears on the right side is very important. The left-side levels can be referenced, but the participation risk is high.

Currently, there is a short squeeze situation, with a long wick candle downwards, reaching the previous highest point and breaking through. The rhythm is crucial, with the boundary for the long wick candle at 86650. For now, it can be contained around 87000, and the sign for the reversal pullback to be established requires a deep break below this level.

The head is out, 87000-88000 can be boldly bearish.

#BTC# is too weak, showing a falling wave trend. 83000 cannot place open orders.

High probability, short squeeze, needle U-turn reversal and decline to verify the gap for this week's overall situation.

#BTC# Bitcoin is currently in a short-term top sideways, temporarily suppressed by the short-term top boundary point of 86000, and has failed to appear in the head. The upside is limited, and a head reversal decline that breaks through to around 77,000 is perfect. From the border suppression to the triangular breakout trend falling, it will take sideways time.

#BTC# On the weekend, it stepped on the support moving average, then verified the top, breaking into a short squeeze market. It's not easy to get involved in this kind of market; once the short squeeze is in place, it will drop sharply to around 77000. It climbs very slowly, but when it drops, it will be fast. The key feature is that once the market data reversal is established, it is basically ready to drop. A typical trading range oscillation market situation.

This week's target of 83500 has been achieved, and the next one is around at least 77000. The arch market is highly likely.

The large range repeatedly hits the upper boundary as the main line.

#BTC# The violent reversal has arrived as expected, and this situation is only preparing for the support range around 77380.

#BTC# directly breaks through, rather than breaking after a sideways movement, beware of a violent reversal. Both short and long positions may be killed.

#BTC# The range for this week has basically been defined.

The overall situation of the Bitcoin short squeeze remains unchanged, and the key position of 85500 needs to be verified. If it fails to hold after a long attack, it may lead to a one-sided fall; if it holds, it will continue to oscillate within the trading range, with a short squeeze upward, stepping on it in seconds.