
Jiang Zhuoer: Bitcoin near $86K is no top — trade the pullback, don't chase highs
- —Jiang Zhuoer: at $84,000 the chart did not resemble a rally peak
- —He sees sparse bids and asks in the $85K–88K and $82K–85K ranges
- —He calls the move a 'bulldozer rally' and favors trading after confirmation
- —Bitcoin briefly climbed to nearly $86,000
Why it matters: Thin liquidity between $82,000 and $88,000 raises the risk of sharp moves, a key consideration for traders' risk management.
Source: TokenPost