2026-01-08 04:22:19

Bitcoin has retraced 4100 points from its high, and this decline is actually testing the support level around 90000. As long as it doesn't effectively break below this critical level, it indicates that the overall trend remains relatively healthy. At this stage, continuing to chase short positions carries high risk.

Let's review the previous movement—when the price was in the 94000 range, it was already a signal to close long positions; timely profit-taking is crucial. Now that the price has reached the 90000 threshold, considering the support structure that exists at the upper end of the previous 90000-91000 consolidation range, it may be an opportunity to consider short-term long positions. As long as the price stays above 90000, the expectation for a rebound remains quite strong.

BTC0,04%

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DegenTherapist

· 01-10 15:38

94k, Nabo should really run now. Those who are holding on tightly are just waiting to be trapped.

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MrDecoder

· 01-10 09:13

This wave of shrinkage is actually a shakeout; the key is whether 90,000 can hold. It's only a real drop if 90,000 breaks; it's still early to call a bear market now. It should have already run at 94,000; now you're thinking about bulls? It's a bit late.

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BottomMisser

· 01-08 04:50

That wave at 94,000 is really the last chance to get on board. Saying it's absolutely the final opportunity might be too certain; there could still be losses.

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Rugman_Walking

· 01-08 04:48

Whether 90,000 breaks or not is the key; once broken, it can never come back.

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BitcoinDaddy

· 01-08 04:42

It dropped again. Luckily, I didn't continue to short, the risk was too high.

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FadCatcher

· 01-08 04:37

You must hold this 90,000 level, or you'll really panic.

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RetroHodler91

· 01-08 04:31

Hey, testing support again. It looks a bit shaky. Is 90,000 really that solid? Anyway, I’m not shorting anymore. I should have exited at 94,000 a long time ago. Now I finally understand what take-profit means. Can this wave rebound? It depends on whether it can hold steady.

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