Yao Qianshu

Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🧊 Weekend Market Qualitative: The 90,000 level narrowly held, entering a “weak oscillation” correction period
Latest Situation:
Successful Defense: Last night (Friday night trading), the bears indeed launched a fierce assault on 90,000, with the lowest touching the 90,000 edge, but the bulls showed strong resilience at that level, preventing the daily closing price from effectively breaking below this psychological bottom line. The current 90,543 is a weak rebound after successful defense.
Weekend Effect: As we enter Saturday, institutional funds rest, and market liquidity thins out. Under this environment, it’s difficult for the market to launch large-scale attacks (V-shaped rebound), and it’s more likely to be a narrow range correction between 90,000 and 91,500.
Potential Hidden Risks: Although 90k has been held, the rebound strength is weak (not yet back above 91,200). This indicates cautious buying. If a sudden large sell order occurs over the weekend, the weak liquidity could cause the price to spike down to 89,500 or even lower instantly.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, weekend)
90,000 - 90,200: Core defense line. This is the lifeline for the bulls. It is likely to be tested repeatedly over the weekend.
89,400: Anti-fraud support line. If the main force attempts a “false breakdown” during the weekend’s low liquidity, this is the limit for a spike.
88,500: Weekend limit. If it breaks below 90k and triggers a chain of liquidations, the price will head straight for this top support of the range.
Medium-term Support (1-2 weeks, swing)
88,000: Structural strong bottom. The upper boundary of the previous oscillation range, a very strong buy zone.
86,000: The dividing line between bulls and bears.
84,500: Major structural bottom.
Short-term Resistance (1-3 days)
91,200 - 91,500: Immediate resistance. The previous support has now turned into resistance (top-bottom switch). Without volume increase during the weekend rebound, it’s hard to break through here.
92,200: The midline of the short-term oscillation range.
93,000: Downtrend line resistance.
Medium-term Resistance (1-2 weeks)
94,415: Previous high resistance.
96,500: Fibonacci extension target.
98,000: The barrier before hitting 100,000.
2. Overall Analysis and Best Entry Strategies
Overall View: The current 90,543 is in a “sideways movement on the cliff edge.”
Bullish Strategy: Since 90,000 has not been broken, short-term can still rely on this level to go long, but expectations should be lowered—take a bite of the rebound (to 91k+) and then exit.
Bearish Strategy: The downward space is temporarily unclear (90k is very tough), unless there is a rebound above 91,500, it’s not recommended to chase shorts above support levels.