2026-01-07 07:27:38

Bitcoin Market Observation

As expected, Bitcoin faced selling pressure around 92,500, with the bears selling aggressively, pushing the price down to around 91,200. However, on a larger timeframe, the gap on the CME chart is still unfilled, which is very important.

Yesterday, I took half of my profits at the 92,500 level, and I am holding the rest without issue. For a more cautious short-term approach, consider taking partial profits around 90,500; from a longer-term perspective, the 88k level is the real support to watch.

The current dilemma is that the resistance above cannot be broken through, confirming the expected correction. This move brought the price very close to the first gap on the CME, which also coincides with the 90k support zone—how strong this support is will directly influence the next direction, so it needs careful observation.

BTC-2.04%

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InfraVibes

· 18h ago

The 90k barrier probably needs to be repeatedly rubbed, the gap hasn't been filled, and I still don't feel at ease. The bearish momentum this time is indeed beyond expectations, but since I've already taken half profits, it's a very cautious move. Is 88k really the ultimate safe haven? I feel like I need to look at a few more K-lines to be sure. What is the current mindset of the brothers holding at 92,500? We still need to see if the support is strong. This short-term friction feels like it can't go up and also isn't smooth going down. It's better to exit in batches honestly. If we can't break through, we should consider how deep the correction might be. Gaps do have a bit of a magnetic pull. Exiting in batches at 90,500 still requires caution, or else chasing the high and getting caught would be really painful. We've come close to the gap position this time, but how strong the support is, is really hard to say. The feeling of being hit so hard—if it were me, I’d stay around 88k. If it drops further, we might just admit defeat.

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ContractTearjerker

· 01-07 07:57

Is the bearish trend so fierce? It feels like it's about to break through again.

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UnluckyMiner

· 01-07 07:54

The bears are too fierce, and 92,500 was directly smashed down. This wave of decline is indeed quite sharp. 88k is the real bottom line, and this critical level at 90k must be held at all costs. The CME gap hasn't been filled, so I still feel a bit uneasy.

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LiquidatedDreams

· 01-07 07:53

Damn, it's the same old story. If I had dumped 92,500, I would have already sold. Now it's just a matter of whether 90k can hold up.

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FudVaccinator

· 01-07 07:45

That crash at 91200, the bears really didn’t hold back this time. --- If 88k doesn’t break, I feel like there’s still a chance to play, but whether the 90k support can hold is a bit uncertain. --- The CME gap not filling has been bothering me all along; it feels like this time we’re really testing the bottom line. --- Half-position take profit is a steady move; holding the rest and watching the show feels pretty comfortable. --- The resistance above is too strong to break through; this correction should be serious this time. --- If 90k breaks, it will drop straight to 88k, and there probably won’t be much support in between. --- The bears hammered down much harder than expected; yesterday’s high was truly a once-in-a-lifetime opportunity.

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LiquidatorFlash

· 01-07 07:32

At the moment of 91200, it dropped directly, and I almost couldn't react in time. The bears are incredibly fierce. If 88k breaks, it will be troublesome. The liquidation risk will then concentrate and explode. The CME gap not being filled is indeed something to watch closely; this is the threshold for the subsequent rebound. Withdrew half in batches at 90500 for more stability. Greed is most likely to get trapped at such moments. Now, it all depends on whether the support strength can hold. Once the key level is triggered, risk control must be adjusted immediately.

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VirtualRichDream

· 01-07 07:31

The short squeeze this time was quite intense; not holding 92,500 is indeed a bit frustrating. If 88k also breaks, then we really need to be cautious. The 90k level feels very critical; we must keep a close eye on it. The CME gap hasn't been filled yet, and this logic makes sense. Taking half profits to secure a bottom is a safe move; now it depends on whether we can hold 90.

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