What does this wave of Bitcoin market activity reveal about the technical outlook?



First, look at the blue line trend—the end of the second segment is stuck at 87,550, and the expected end of the third segment is above 92,558. This is critical.

The downward resistance line of the green line appears to show signs of a breakout, but considering the possibility of oscillation, it cannot yet be used as a definitive judgment.

Can the rebound hold above 95,000? This is a key level to watch. The conditions are not yet met, and the rebound rally needs to continue.

Looking ahead, there are two paths:

**Route A**: The blue line's third segment directly breaks through 95,000
**Route B**: Repeated oscillation within the 92,558-95,000 range before breaking through 95,000

The outcome is essentially the same—the final target points to that critical level.

(Technical analysis based on K-line, wave theory, and Fibonacci principles, for reference only)
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DegenWhisperervip
· 01-03 08:15
95000 is really just a hurdle The back-and-forth between 92558 and 95000, it will go up sooner or later anyway Can the blue line's third segment be finished in one go... we'll see Every time it's said to be a critical point, but in the end, we still have to wait for the K-line to speak Route A or B, actually both are the same, it's just a matter of time, do it in whatever way feels comfortable
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staking_grampsvip
· 01-03 04:53
Is the 95,000 level really that critical? Feels like every time it's said to be a key point --- Is A or B the same? Then just take one path all the way to the end --- The signs of a breakout of the green line are there, but don't trust them too much; during volatility, all these are useless --- Between 92,558 and 95,000, I bet it will fluctuate back and forth for a week --- No matter how perfect the technicals are, they can't withstand a sudden news shock --- Can the blue line's three segments directly surge? I think it's doubtful --- Waiting to see if 95,000 breaks or not; anyway, I can't wait any longer --- What does this wave of market movement reveal? Just keep observing and see
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MoneyBurnerSocietyvip
· 01-03 04:46
That level at 95,000 is going to be trapped again, I dare to bet my liquidation price is right there.
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AirdropJunkievip
· 01-03 04:43
Is the 95,000 level really that strong? It feels like we've been talking about this number since the beginning of the year.
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MEVSandwichVictimvip
· 01-03 04:38
95000 at this critical level will eventually be broken, it just depends on whether it's a direct surge or a slow grind.
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PretendingToReadDocsvip
· 01-03 04:30
The 95,000 hurdle feels like it's going to be tested repeatedly again, really getting on my nerves.
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