2026-01-16 06:22:40

Bitcoin continues to fluctuate around the 97k level, with the trend basically in line with expectations. After a strong breakout of the 94k defense line, the price entered a clear range-bound consolidation phase, and the upward momentum on the daily chart appears to have weakened.

From the weekend performance, the range between 96k and 98k is likely to become the main consolidation zone. If the 95k support level is broken downward, caution is needed, as the price may probe towards the 92k area.

The current position is indeed quite awkward. Being near 97k, it’s not suitable to rush into short positions, nor to go all-in on longs impulsively, as the risk-to-reward ratio is somewhat unbalanced. The most prudent approach is to maintain a low-leverage long strategy and wait for the trend to become clearer. Overall, the upward trend from the bottom has been established. Although there has been a recent oscillating upward rhythm, the direction has not changed. Patience is key, and low-position deployment remains a relatively good choice.

BTC-0,4%

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SmartContractPlumber

· 13h ago

97k is indeed a pretty awkward position, like a contract with permission control that is not properly implemented, neither daring to call nor to neglect. The low buy strategy is correct; don't be fooled by the fake dip that诱空s you.

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CryptoSurvivor

· 13h ago

97k at this position is truly awkward, no doubt about it

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OnlyUpOnly

· 13h ago

97k this position is really a bit awkward, I'm also hesitating --- Just be patient and wait for the low buy-in, anyway the trend isn't bad --- After breaking 94k, it started to stall, this rhythm indeed matches expectations --- Don't chase shorts or go all-in, just leave it at that --- If 92k breaks, then it's dangerous; it's okay for now --- The feeling of oscillating upward, the direction hasn't changed, keep holding --- The oscillation between 96 and 98, I also saw it, it's just a testing phase --- Low-position deployment is correct, just need to hold back --- Stuck at 97k for so long, feels like brewing a big move --- Risk and reward are not proportional, indeed shouldn't rush, this judgment is correct --- Once the trend is established, don't mess around, hold steady and it's done

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rugdoc.eth

· 13h ago

Wait a minute, is this really just a shakeout, or does it feel a bit fake?

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