#Gate广场圣诞送温暖，就有机会赢 Thursday morning BTC idea: do not chase rising prices at high levels, look for a drop first!

Overnight, BTC bulls broke through the 90,000 mark, peaking at 90,600 before oscillating around 90,400. Although the short-term rebound has impacted the bears, the larger bearish pattern remains unchanged—don’t "argue" with the market; blindly chasing rising prices can lead to losses, and the core focus for the day should be on retracement.

From a technical perspective, the 4-hour chart has shown two consecutive solid bullish candles pushing up, and after breaking the upper band, it has shown signs of pressure. The short-term strength does not indicate a trend reversal. The key to the future market is the 91000 level: if it holds, there is a high probability of pressure and a pullback; if it is lost, it may open up an upward channel. Currently, the risk of chasing rising prices at high levels is high, so it is preferable to operate based on a pullback strategy.

Morning operation suggestion: When the price rebounds to the 90700-91000 range, set up short positions, targeting the 88000-87000 area, with the defensive position above 91000, avoiding betting on a high-level breakout.