#策略性加码BTC Bitcoin is stuck at the 92000-92500 level. I have watched several attempts to break through, all of which were pushed back, indicating that the selling pressure here is indeed heavy. The recent highs are continuously declining, and buying momentum is also weakening. The market has been oscillating between high levels before, and now it clearly leans towards bearishness.
The technical signals are also not optimistic. $BTC has been unable to break above the key resistance, and on the hourly chart, we can see the strength comparison between buyers and sellers—volume increases during declines and decreases during rebounds, which is a typical sign of weakness. The stochastic indicator and MACD are both in the bearish zone, and there are no signs of reversal or obvious bullish divergence yet.
From this perspective, if Bitcoin fails to return above 91500 for a long time, it is highly likely to continue testing the 91000 support. Once 91000 is broken, it may further explore the 90000-89500 range. Currently, the rebound is weak, and the short-term outlook is bearish. It is recommended to gradually build short positions near key resistance levels, with strict stop-losses, and not to ignore the bullish-bearish battle at the support levels below.
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DefiPlaybook
· 01-12 23:59
This level at 92,000 really keeps hitting it hard every time. The recent short positions are definitely just exploiting the opportunity.
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BearMarketLightning
· 01-12 23:54
The 92k barrier is really stuck, it feels like we're about to start dropping again.
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airdrop_whisperer
· 01-12 23:48
The 92,000 level is really a tough barrier; it feels like the bulls have lost their momentum.
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WagmiOrRekt
· 01-12 23:39
The 92,000 level is really being tested repeatedly, and the bearish signals are becoming more and more obvious.
#策略性加码BTC Bitcoin is stuck at the 92000-92500 level. I have watched several attempts to break through, all of which were pushed back, indicating that the selling pressure here is indeed heavy. The recent highs are continuously declining, and buying momentum is also weakening. The market has been oscillating between high levels before, and now it clearly leans towards bearishness.
The technical signals are also not optimistic. $BTC has been unable to break above the key resistance, and on the hourly chart, we can see the strength comparison between buyers and sellers—volume increases during declines and decreases during rebounds, which is a typical sign of weakness. The stochastic indicator and MACD are both in the bearish zone, and there are no signs of reversal or obvious bullish divergence yet.
From this perspective, if Bitcoin fails to return above 91500 for a long time, it is highly likely to continue testing the 91000 support. Once 91000 is broken, it may further explore the 90000-89500 range. Currently, the rebound is weak, and the short-term outlook is bearish. It is recommended to gradually build short positions near key resistance levels, with strict stop-losses, and not to ignore the bullish-bearish battle at the support levels below.