Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC

📉 Real-time Analysis During European Trading Hours: Digesting the previous high pressure at 94,415, with 92,000 as a key defense line
Latest Situation:
High-level Correction: Given that last night (January 6), BTC surged to a high of 94,415, the current 92,876 is a normal technical pullback after a rally (retracement of about 1.6%). The market is digesting last night’s profit-taking and cleaning out high-leverage long contracts.
European Market Sentiment: After the European open, funds performed relatively mildly. The price is currently oscillating narrowly between 92,500 and 93,000. Since the upside space above 94k has opened, the bulls’ current goal is clear: hold 92,000, gather strength, and push again to 95,000.
Key Structure: 92,000 - 92,200 is an extremely critical support zone (the platform before last night’s rally). As long as it does not break below this, the overall structure remains a very strong bullish alignment.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, Intraday)
92,000 - 92,200: Intraday warning line. This is the last defense for short-term bulls and also the accumulation zone before last night’s breakout. If broken, the short-term will seek deeper liquidity.
91,200: Strong support (golden pit). The central zone of oscillation during Monday and Tuesday daytime, with heavy buying interest and large funds willing to buy.
90,500: Trend dividing line.
Medium-term Support (1-2 weeks, Swing)
90,000: Super bottom. The foundation of this bull market’s main upward wave, an absolute bull lifeline.
88,000: Top of the box.
86,000: Major structural bottom.
Short-term Resistance (1-3 days)
93,500 - 93,800: Rebound resistance. After last night’s breakout, this has become a “top-bottom conversion” pressure level. If the intraday rebound cannot surpass this, there will still be oscillation in the short term.
94,415: Previous high resistance. The highest point reached last night, the short-term target for bulls is to challenge this again.
95,200: Fibonacci extension level and options pain point.
Medium-term Resistance (1-2 weeks)
96,800: Swing upward target.
98,500: The last hurdle before hitting 100,000.
100,000: Historic milestone.
2. Overall Analysis and Best Entry Strategies
Comprehensive View: Currently at 92,876, in the “pullback and accumulation after new high” stage.
Bullish Logic: The appearance of 94,415 proves that the selling pressure above is not as strong as imagined. The current correction is an opportunity for those who missed the entry. Buying on dips remains the main theme.
Bearish Logic: Although a pullback is needed, support at 92k is very close, and the risk-reward ratio for short positions is poor, plus it’s easy to be blown out by a rally after the US stock market opens.