Evening Market Scan: Bitcoin faced resistance again at 90333 and failed to break through, directly falling below the upper boundary of the bearish flag pattern. Currently, it has pulled back into the flag and is repeatedly testing, even piercing the neckline and creating a new low—this signal is indeed not very optimistic.



The key points for the upcoming battle are: if the rebound cannot reach a higher high and then breaks below the recent low again, first observe whether 89077 can hold, which is the first line of defense. If even this is broken, the direct target is 88027. Conversely, as long as it can break the small high marked by the yellow arrow, the upward momentum can restart; otherwise, a slight correction is unlikely to be avoided.

From a trading perspective, here are some reference signals: a break below 90128 accompanied by increased volume is an opportunity to go long; if 89426 is broken and cannot recover on a rebound, then it’s a signal to short. Remember to set stop-losses regardless of the direction.

Looking at the hourly chart, only if it stabilizes above 90369 can there be hope to target the 91392-92728 range; if it cannot hold, then a break below suggests support at 88395-87560.

The daily chart’s big picture shows that the 90799-86355 range has been consolidating for 41 days. According to the most probable logic, it should be building a bottom. Starting from next week, excluding the weekend, observe whether it can break through the upper boundary of the range—if broken, the target indicated by the white arrow is worth looking forward to; if not, expect continued consolidation, which is normal after 41 days of sideways movement.

After such a long consolidation, a direction must be chosen. Personally, I lean more towards betting on an upward breakout, as reversal signals on the daily chart are rare.

(For reference only, specific operations should match the actual trading rhythm.)
BTC1,36%
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Frontrunnervip
· 01-06 02:18
A 41-day range, betting on an upward breakout, right? I want to believe it too, but this repeated breakdown is endless, and I'm really fed up.
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NotFinancialAdvicevip
· 01-05 18:25
It's crashing again. Is this really going to break the defense this time?
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MidnightGenesisvip
· 01-04 16:24
On-chain data shows that this wave of decline has a somewhat strange rhythm. I started monitoring the 89077 level at 2 AM. The current issue isn't about the breakout probability but about the depth... The 41-day range is either going to break up or down. I understand the logic of betting on an upward move this time, but the execution risk is a bit high.
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BearMarketMonkvip
· 01-03 12:58
41 days of consolidation... This is the patience test the market is giving us. Most people will be liquidated before reaching that day.
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TokenomicsTinfoilHatvip
· 01-03 12:58
Starting the number game again, 41 days of consolidation—do you dare to bet on the direction?
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AlgoAlchemistvip
· 01-03 12:55
It got knocked down again, and this time it really hurts a bit.
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GasFeeNightmarevip
· 01-03 12:52
Once again, a setback. This wave is really a bit weak.
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SurvivorshipBiasvip
· 01-03 12:50
Once again, the attempt to break through failed, and this time it feels a bit frustrating.
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MEVHunterZhangvip
· 01-03 12:42
Dropped below again? I told you the market is unstable.
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RetiredMinervip
· 01-03 12:35
Broke below the neckline again, this time it's really a bit risky.
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