It started to struggle after rising to 95,000. The price retraced but did not break below the 60-day moving average—that's a good sign. The overall upward trend remains intact; it's just consolidating.
So, what's the next focus? The 90,000 level is very important; it’s not only a short-term support but also aligns perfectly with the MA60. If the price can hold here during a pullback, it will be a bullish sign. The real turning point awaits when the MACD fully crosses above the zero line, indicating that the bulls have gathered enough strength. Once that happens, the 90,000-95,000 range will be broken.
In recent days, the market has likely been bouncing back and forth between 90,000 and 95,000, with no clear direction. Instead of making reckless moves, it's better to wait for the market to give its own answer. Rhythm is very important—sometimes, doing nothing is the best trading strategy.
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YieldChaser
· 3h ago
If you can't hold 90,000, then it will have to look at 85,000. This round of consolidation is going to be prolonged.
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¯\_(ツ)_/¯
· 01-08 08:29
If 90,000 can't hold, this round of consolidation will be quite interesting. It seems the bulls still need to hold back a bit longer.
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SatoshiChallenger
· 01-07 23:19
Is it really that important whether 90,000 holds or not with this set of arguments? Data shows that the "key support" before each breakout is actually just a backdrop; what truly determines the direction is macro liquidity, not technical charts.
Ironically, the most valuable statement in this analysis is the last one: "Doing nothing is the best strategy."
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DegenDreamer
· 01-07 23:06
If I can't hold 90,000, I'll admit defeat. Anyway, I've already made almost enough profit from this wave.
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DefiEngineerJack
· 01-07 23:04
well, *actually* if you really understood order flow dynamics, you'd know that ma60 confluence doesn't guarantee support hold—empirically speaking, most retail traders get liquidated exactly at these "obvious" levels tbh
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CryptoRoyal
· 01-07 23:03
Happy New Year! 🤑
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BasementAlchemist
· 01-07 22:57
90,000 break or not break is the real dividing line. Now it's just a multiple-choice question.
Wait for the MACD signal; acting blindly is less comfortable than sleeping.
The 95,000 barrier feels a bit tough; the bulls need to recharge a bit more.
This consolidation period can be seen as a free opportunity to build positions, no rush.
You're right, the best strategy is to stay idle, save effort and gas fees.
#密码资产动态追踪 The Story of Bitcoin Daily Chart
It started to struggle after rising to 95,000. The price retraced but did not break below the 60-day moving average—that's a good sign. The overall upward trend remains intact; it's just consolidating.
So, what's the next focus? The 90,000 level is very important; it’s not only a short-term support but also aligns perfectly with the MA60. If the price can hold here during a pullback, it will be a bullish sign. The real turning point awaits when the MACD fully crosses above the zero line, indicating that the bulls have gathered enough strength. Once that happens, the 90,000-95,000 range will be broken.
In recent days, the market has likely been bouncing back and forth between 90,000 and 95,000, with no clear direction. Instead of making reckless moves, it's better to wait for the market to give its own answer. Rhythm is very important—sometimes, doing nothing is the best trading strategy.