Bitcoin broke through a two-month-plus range high but quickly fell back into the range. Ideally, we want to see BTC quickly recover the range high, thereby initiating a higher rally with a target around $110,000. If the range high is lost, it serves as an important warning signal—possibly indicating a weakening of upward momentum, and the subsequent trend needs to be reassessed. The current key is whether it can effectively hold above this technical support.
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GasBankrupter
· 21h ago
Breaking above the high point and then falling back down, this move is really nerve-wracking. Let's see if it can hold steady.
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FlatlineTrader
· 21h ago
It's the same pattern again, breaks new highs and then drops back down, I'm done.
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NotAFinancialAdvice
· 21h ago
Breaking below and coming back again, how many times has this routine been played... Can 110,000 really be reached? It feels a bit uncertain.
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HorizonHunter
· 21h ago
Breaking the high point and then pulling back again? I'm tired of this routine. Let's wait until there's a confirmed steady hold before talking.
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governance_ghost
· 21h ago
It's the same story again... Looks very professional, but what if it really crashes? Anyway, I wouldn't dare to go all in.
Bitcoin broke through a two-month-plus range high but quickly fell back into the range. Ideally, we want to see BTC quickly recover the range high, thereby initiating a higher rally with a target around $110,000. If the range high is lost, it serves as an important warning signal—possibly indicating a weakening of upward momentum, and the subsequent trend needs to be reassessed. The current key is whether it can effectively hold above this technical support.