Yesterday's trading strategy worked well. The defense line at 89,300~89,500 was successfully held, and Bitcoin then rebounded, releasing nearly 2,500 points of space, rising from the low of 89,200 to around 91,500. This rebound indeed provided many profit opportunities.
So, what does the market look like today? Observing the market shows that $BTC is still relatively weak. Why is that? The high point yesterday only reached 91,500, not even breaking through 92,000. It then retreated again near 91,000. Currently, the price is stuck around 90,400. This repeated signal indicates that the bulls lack strength.
Where is the resistance above? The range of 91,600~91,900 is a clear resistance zone. Based on the recent performance, 91,800~92,000 is the ceiling level. Today, focusing on 91,900 is enough.
What about support below? The area between 89,200 and 89,500 remains relatively stable. The recent bottom has been around this zone.
To summarize: Resistance above at 91,900, support below at 89,200. The market is oscillating within this range. Currently, the market trend favors the bears in the short term.
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NoodlesOrTokens
· 16h ago
If 91,900 can't hold, Bitcoin will keep dropping, right? This rebound is just a trap to lure more in.
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FrontRunFighter
· 01-09 09:29
nah this is just classic market manipulation setup... weak bounce to 91.5k then rejection? textbook. the real question is who's defending 89.2 and why. feels like someone's orchestrating this range to squeeze both sides before the real move happens fr
Reply0
Rekt_Recovery
· 01-09 09:29
ngl the bears are just vibing rn, that 91900 ceiling ain't getting broken anytime soon tbh... been there, got liquidated, got the ptsd hoodie fr
Reply0
CrossChainMessenger
· 01-09 09:29
The short squeeze this time is really fierce. Why can't we break through the 92,000 barrier?
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NFT_Therapy_Group
· 01-09 09:21
If 91,900 can't be broken, then we still have to continue to be bearish.
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WinterWarmthCat
· 01-09 09:15
It's really no fun if 91,900 can't be broken; we're just going to oscillate back and forth again.
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rugpull_ptsd
· 01-09 09:02
Building walls again around 89,000. Can it break through 92 this time? Feels a bit uncertain.
#Solana行情走势解读 January 9th Bitcoin Price Analysis
Yesterday's trading strategy worked well. The defense line at 89,300~89,500 was successfully held, and Bitcoin then rebounded, releasing nearly 2,500 points of space, rising from the low of 89,200 to around 91,500. This rebound indeed provided many profit opportunities.
So, what does the market look like today? Observing the market shows that $BTC is still relatively weak. Why is that? The high point yesterday only reached 91,500, not even breaking through 92,000. It then retreated again near 91,000. Currently, the price is stuck around 90,400. This repeated signal indicates that the bulls lack strength.
Where is the resistance above? The range of 91,600~91,900 is a clear resistance zone. Based on the recent performance, 91,800~92,000 is the ceiling level. Today, focusing on 91,900 is enough.
What about support below? The area between 89,200 and 89,500 remains relatively stable. The recent bottom has been around this zone.
To summarize: Resistance above at 91,900, support below at 89,200. The market is oscillating within this range. Currently, the market trend favors the bears in the short term.