#数字资产行情上升 Bitcoin yesterday, as expected, broke below the 91,200 level, and the next focus shifts to the support levels at 90,000 and 91,000. The current downward momentum is still smooth; if this trend continues, these two price levels are unlikely to hold.



From the 4-hour candlestick chart, $BTC is currently fluctuating around 90,500, closely hugging the lower Bollinger Band. The middle band has already turned downward, while the upper band continues to rise, indicating that the Bollinger Bands are opening up—this clearly reflects that the bears are in control of the situation. There is still room for further decline, with the lower band becoming the most critical support level at the moment.

Looking back at the previous rebound from 94,700, it’s clear that after breaking below the middle Bollinger Band, the price accelerated downward. Although there was some rebound in the middle, it didn’t change the overall downward trend. Analyzing the market features, the number of bearish candles and their bodies are quite prominent, indicating that the bearish momentum is still quite evident. However, trading volume is shrinking, and the downward momentum is easing, giving us some room for thought.

In terms of strategy, it can be viewed as follows: First, focus on whether 90,000 can be broken again. If it breaks, the price may approach 89,000-88,500. Once this zone stabilizes, a rebound could see the price around 91,500. On the ETH side, pay close attention to how it performs around 3,100.
BTC0,08%
ETH0,54%
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LiquidatedTwicevip
· 01-11 02:56
Is anyone still claiming that the momentum is easing despite the shrinking trading volume? It looks like a death trap to me; once it broke 90,000, it headed straight to 88,500.
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HappyMinerUnclevip
· 01-11 01:54
Is it dropping again? If 90,000 can't hold, I think we need to see if 88,500 can bounce back from the bottom; otherwise, it really gets panic-inducing.
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GasFeeSurvivorvip
· 01-08 09:18
Whether breaking 90,000 or not is really crucial, it feels like we need to keep pushing forward.
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BrokenRugsvip
· 01-08 09:17
Down again and again, can it break through 90,000 directly this time... feels like the bears haven't had enough yet.
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DeFiVeteranvip
· 01-08 09:16
It dropped again. As expected, 90,000 couldn't hold. This time, we'll see if 88,500 can support it; if not, it really has to continue downward.
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InfraVibesvip
· 01-08 09:01
The Bollinger Bands are opening again, and the bears still have to continue their performance. It seems that the 89,000 level is also unavoidable.
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MoonWaterDropletsvip
· 01-08 08:55
The short squeeze was indeed fierce this time, but with the trading volume shrinking, it feels like a backlash might be coming...
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