2026-01-07 06:21:00

Bitcoin, despite reaching new highs alongside the US stock market's S&P, still faces resistance around 94,500 and has not been able to break through this key level in the short term. From a technical perspective, short-term holders who previously positioned themselves between 83,300 and 87,000 have now realized gains of about 10%. The selling actions of these investors are currently exerting downward pressure on the price.

Interestingly, the market currently lacks further positive catalysts. In this context, the repeated oscillations of Bitcoin within the 90,500-95,000 range are also part of a normal technical correction phase. As long as this oscillation range can be maintained, it indicates that the support for the upward trend is still intact. A break below 90,500 would require a reassessment of the short-term direction. For now, the battle between bulls and bears within this price range will be a key focus in the coming period.

BTC0,29%

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VCsSuckMyLiquidity

· 27m ago

94500 is the ceiling, right? These early birds selling off are really something. --- Without a catalyst, just keep oscillating and you'll wear yourself out. --- If it can't break 90500, then maybe it's time to consider shorting. --- 10 points and you're out? I just laughed. Such a small appetite. --- The US stock market hitting new highs while Bitcoin cools down—this logic is truly absurd. --- Neither longs nor shorts can make money in this battle; that's the real truth. --- People say maintaining a range-bound market is stable—does history really tell you that? --- Wait for 90500 to see the real move. There's no point in talking now.

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TaxEvader

· 01-07 06:51

94500 really can't die, huh? These early investors are starting to dump, it's uncomfortable. Wait, the S&P hitting a new high while Bitcoin is still hesitating—something's not right. Breaking below 90500 would be the real trouble; now it's just about whether we can hold this line. This market is really boring, no good news at all, just shaking back and forth. If the bulls can't rally again, this month will have been a wasted effort.

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DancingCandles

· 01-07 06:45

94500 is really a tough nut to crack. Those who bought early are now starting to dump. The early buyers are having a great time, but now it's time to cut losses. Whether 90500 breaks or not is the real point; if it breaks, we'll wait and see. Good news alone is useless; let's just keep shaking back and forth. Waiting for a real major event, but right now it’s really boring to watch.

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SnapshotStriker

· 01-07 06:41

94500 This wall is really tough, short-term profit-taking is too fierce --- No catalyst for now, anyway the oscillation range is still stable --- If it doesn't break below 90500, just keep lying flat, anyway it can't run away --- This wave of selling pressure is really a bit annoying, when can we break through --- Bulls and bears are tearing each other apart here, let's see who surrenders first --- Even the new highs in the US stock market can't lift BTC, it's really funny --- Maintain the range, no greed, no loss trading

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AirdropSkeptic

· 01-07 06:37

94500, I really can't get past this level. I already said that profit-taking would push the price down.

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LiquidatedNotStirred

· 01-07 06:31

94500 this level is still a bit tough, and the short-term profit-taking pressure is indeed quite significant. Wait, where are the catalysts? This is getting awkward. Still the same advice, hold on to 90500 and there's hope; if it breaks, then we'll see. The back-and-forth fluctuations these days are a bit annoying, really hoping to see a clear direction soon. Is the short-term holder selling pressure so strong? Then I guess I'll just wait and see. 90500-95000 is the battlefield for this year, it's frustrating. To be honest, as long as the upward trend support remains, there is still hope; don't be too pessimistic.

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