In recent days, Bitcoin's trend has been the same old story—oscillating within a certain range. Last night's surge followed by a pullback was not surprising; both bullish and bearish tactics have been exposed, and exiting in time is considered no regrets.
Currently, market enthusiasm has clearly picked up. Although there have been multiple attempts to test the resistance above without sustained breakthroughs, it feels somewhat powerless. But from another perspective, this might just be a buildup for the next phase of the market.
Today's trading strategy is: as long as the 92,000 support level is not effectively broken, the downside remains relatively safe. On the upside, focus on the 94,000-95,000 range; whether it can hold steady depends on the performance over the next two days.
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All-InQueen
· 01-10 03:47
If we can't hold 92,000, we'll admit defeat. Anyway, the market has been testing our patience these past two days.
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just_another_fish
· 01-09 08:43
Still messing around in the crappy range of 92 to 95 again, it's really a bit annoying.
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BearMarketGardener
· 01-07 07:59
Still building momentum there, last time the buildup didn't quite bloom yet.
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CryptoFortuneTeller
· 01-07 07:57
If 92,000 breaks, go all-in on the short position directly. I don't believe in the accumulation theory.
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MidnightTrader
· 01-07 07:55
If 92,000 breaks, you have to run, or you'll be trapped again.
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TradingNightmare
· 01-07 07:42
92000 broke through and I'll have to cut losses today. I'm all too familiar with this trick.
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NftDeepBreather
· 01-07 07:35
Breaking 92,000 is the real issue. I'm now used to this constant back-and-forth.
In recent days, Bitcoin's trend has been the same old story—oscillating within a certain range. Last night's surge followed by a pullback was not surprising; both bullish and bearish tactics have been exposed, and exiting in time is considered no regrets.
Currently, market enthusiasm has clearly picked up. Although there have been multiple attempts to test the resistance above without sustained breakthroughs, it feels somewhat powerless. But from another perspective, this might just be a buildup for the next phase of the market.
Today's trading strategy is: as long as the 92,000 support level is not effectively broken, the downside remains relatively safe. On the upside, focus on the 94,000-95,000 range; whether it can hold steady depends on the performance over the next two days.