BTC is showing support holding at the Wave-(2) level. The structure suggests a solid accumulation zone emerging here. I've queued up a modest long position targeting $86,500—seems like a reasonable entry point if the setup holds. The technicals are aligned with this support thesis, making it worth watching closely over the next few candles.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
GraphGuru
· 6h ago
As long as wave2 holds, the 86,500 level is interesting. My position is also waiting here.
View OriginalReply0
WhaleWatcher
· 6h ago
Is the 86,500 level really that stable? It still feels quite risky.
View OriginalReply0
FlatlineTrader
· 6h ago
86,500? Your target is too conservative. It feels like it can go higher.
View OriginalReply0
just_here_for_vibes
· 7h ago
I'm also watching the 86,500 level, but to be honest, I feel it needs to break further to confirm the true bottom...
BTC is showing support holding at the Wave-(2) level. The structure suggests a solid accumulation zone emerging here. I've queued up a modest long position targeting $86,500—seems like a reasonable entry point if the setup holds. The technicals are aligned with this support thesis, making it worth watching closely over the next few candles.