Consolidation for too long will inevitably lead to change—this is the iron law of the market. Currently, Bitcoin is repeatedly oscillating near the 4-hour midline. If the bulls truly have the strength to continue, it should have broken upward already. But the reality is that the double top structure above is suppressing it tightly, with a very solid formation that hardly leaves any room for upward movement.
If there's no strength to go up, then the focus shifts to the downside. Once the support at the midline is broken, it will likely trigger a round of accelerated decline. Can the psychological barrier at 90,000 hold? It's hard to say, but the 84,500 range is very likely to become the recent bottoming target.
The directional signal is already clear, and now it all depends on how time unfolds.
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GateUser-75ee51e7
· 20h ago
Double top suppression is so strong, the breakout was weak and should have been obvious long ago. The bears are always ready.
After such a long consolidation, a direction must be chosen. It feels like the probability of a decline is higher.
Can 84500 really hold? It seems necessary to continue probing lower.
The bulls are so weak; it's better to be cautious.
Once the middle band breaks down, a rapid decline is highly likely to follow. Be prepared.
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AirdropLicker
· 23h ago
The double top is firmly suppressing, are the bulls really that weak... Wait, are they truly out of strength?
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Same old rhetoric, 84500 won't become the bottom.
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The market has been stagnant for too long, it's indeed time to move, but will it really drop to the target level this time? Question mark.
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Only when the midline is broken does it count; anything said now is pointless.
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If 90,000 can't hold, then let's just watch the show.
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Repeated oscillations are the most annoying; a direct crash would be more satisfying.
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The pattern is extremely solid; a breakout is unlikely.
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GasGuru
· 01-07 16:56
Double top suppression is so strong; once broken, it's a direct drop to the limit down. I bet it won't hold at the 90,000 level.
I've been saying the bulls are out of strength, and you're still dreaming of a breakout. Wake up, everyone.
If 84,500 really breaks, I'll go all-in on short positions. Anyway, it's been sideways for so long, it's time to move.
I've seen this pattern before; it's basically a false breakout before a decline. Are the players ready with their stop losses?
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GateUser-c799715c
· 01-07 16:53
Double top is so strong, it should have broken down long ago. Still hesitating?
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See you at 84500, do you dare to bet?
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The bulls have run out of cards, it's time for the bears to step in
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Once the middle band breaks, heading straight for 90,000. By then, it'll be another bunch of people losing money
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After such a long consolidation with no movement, I'm increasingly bearish
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This double top is really stubborn. If I had known, I would have just shorted directly
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Feels like it's about to break, it's uncomfortable
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Can 90K hold? Dream on, it's going down soon
View OriginalReply0
ser_aped.eth
· 01-07 16:45
Double top resistance is so strong, the bulls should have broken through by now. It’s okay to be bearish at this point.
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84500, it feels like it's coming again. Can 90,000 really hold?
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After a long period of consolidation, it’s indeed time for movement. Just worried that any move might lead to a sharp decline.
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Breaking the mid-line would be the end. I’ve seen this kind of accelerated decline setup too many times.
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I agree that the bulls lack strength, but saying that it will trigger an accelerated decline is too absolute.
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Psychological barriers are all fake; analyzing the fundamentals is the real key.
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If 90,000 can’t hold, I’ll go all-in on short positions. It’s that simple.
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The pattern’s resistance is indeed obvious, but feeling pessimistic about a bottom at 84500 might be overdone.
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Waiting for time to tell? Fine, I’ve already reduced my positions. Just watching the show.
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GateUser-00be86fc
· 01-07 16:42
Double top pressing down tightly, it should have crashed long ago, but still hesitating here
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84500 is really seen, it would be strange if it doesn't break this time
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After such a long consolidation, is it all just for a decline? The market is really boring
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If 90,000 can't hold, just slide straight to the bottom
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Once the midline breaks, accelerating downward is unavoidable
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If there was real strength, it would have already pulled up. The current situation shows no one is willing to take over
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Waiting to see if 90,000 can hold, not very optimistic
View OriginalReply0
GateUser-40edb63b
· 01-07 16:32
The double top suppression is so fierce, the bulls should have already counterattacked, and it's still quite uncertain now.
In my opinion, 90,000 is simply unsustainable, and 84,500 is the real bottom line.
After such a long consolidation, a break would lead to a rapid decline, with no suspense.
Once the midline support is broken, there's no support left, and this wave of decline can't be avoided.
If the bulls lack strength, they should accept their fate; time will provide the answer.
Breaking below 84,500 and causing a sharp drop, this prediction is still reliable.
Repeated fluctuations are really annoying; a clear direction is needed.
It's not wrong to be bearish on this wave; the signals are quite clear.
Consolidation for too long will inevitably lead to change—this is the iron law of the market. Currently, Bitcoin is repeatedly oscillating near the 4-hour midline. If the bulls truly have the strength to continue, it should have broken upward already. But the reality is that the double top structure above is suppressing it tightly, with a very solid formation that hardly leaves any room for upward movement.
If there's no strength to go up, then the focus shifts to the downside. Once the support at the midline is broken, it will likely trigger a round of accelerated decline. Can the psychological barrier at 90,000 hold? It's hard to say, but the 84,500 range is very likely to become the recent bottoming target.
The directional signal is already clear, and now it all depends on how time unfolds.