Bitcoin's current price action suggests an ongoing wave-(4) correction pattern is still in development. Traders watching the downside should keep a close eye on $90,874—this level is serving as a critical support zone. If the price holds here, it could signal the correction is nearing completion and a wave-(5) move might be on the horizon. Breaking below this point, though, would likely open the door to deeper selling pressure.

BTC-1,85%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
GasFeeCriervip
· 01-10 09:43
If this support level breaks, I will directly liquidate everything, there's nothing more to say.
View OriginalReply0
RugResistantvip
· 01-10 02:34
Is the 90874 level really that sacred? It feels like the market is not playing by the usual rules at all.
View OriginalReply0
gas_fee_therapistvip
· 01-09 15:22
Is this point 90874 really that sacred? It feels like it's always said the same way every time.
View OriginalReply0
governance_lurkervip
· 01-07 16:50
90874 this level is quite interesting. If it breaks, it will get lively.

---

Wave theory is back again. Whether you believe it or not depends on Bitcoin itself.

---

Feels like every time they mention critical support, it gets broken with a poke...

---

Wave five is here, wave five is here. Let's just wait and see.

---

Support is meant to be broken; don't trust these levels too much.

---

The key is whether it can hold. If it can't, be careful.

---

After so much hesitation, is wave four really about to end?

---

Is this line just above 90,000 so important? Just listen and take it with a grain of salt.

---

Selling pressure is coming; be prepared, for sure.

---

The wave theory folks are starting to tell stories again, haha.
View OriginalReply0
ChainWanderingPoetvip
· 01-07 16:44
90874, this critical level must hold, or else another sharp decline will happen

What if it breaks the level? I can't handle the stress

Wave theory, does anyone really know how to hit the exact points accurately?

It feels like every time it's all hindsight. Why didn't anyone warn at the time?

When will this correction end? My positions are frozen.
View OriginalReply0
MerkleTreeHuggervip
· 01-07 16:43
If this critical level at 90874 doesn't hold, there's still hope; if it breaks, get ready to buy the dip.
View OriginalReply0
failed_dev_successful_apevip
· 01-07 16:29
The 90874 position is really stuck. If it breaks through, it's game over.
View OriginalReply0
TommyTeachervip
· 01-07 16:27
90874 this position is really critical. If it breaks, we need to be prepared for a downward move.

---

Wave4 is still messing around. Feels like Wave5 is coming soon? Anyway, I'm watching this support level.

---

If the key support can't hold, it's game over. The selling pressure will be very intense then.

---

I just want to know if we can hold steady at 90874 this time...

---

Another bunch of wave theory, anyway, just keep an eye on this price level.

---

I'm a bit worried about the consequences of breaking the level. It's better to stay on the sidelines for now.

---

There are so many support levels to consider, but in actual trading, it's all about reacting flexibly to the market.
View OriginalReply0
HashRateHustlervip
· 01-07 16:27
This point at 90874 is really stuck tight; whether it breaks or not depends on these next couple of days.
View OriginalReply0
SatoshiSherpavip
· 01-07 16:26
Looking at the wave theory, you still need to keep an eye on the key level of 90,000.

---

Break below and it's game over. Can't really hold on?

---

Is wave-5 coming? Let's see if we can hold 90,874 first.

---

It's both support and resistance. Is this time really extraordinary?

---

Deep correction? Feels like we're just playing the same scene over and over.

---

90,000 is the critical point. If it drops below, it will be a big problem.

---

Will the correction wave continue? Forget it, I'll wait and see.

---

The support level is so clear, it feels like it's prepared for the bears.
View OriginalReply0
View More
  • Pin