The sharp decline in Bitcoin yesterday was quite intense, dropping directly to the 92300 level. A few days ago, I mentioned paying attention to short opportunities. Now that this reversal has occurred, it should help those friends who missed the bullish move earlier.



Since the price has fallen, the key now is whether 92300 can hold. If the daily candle closes below this midline, it indicates more downside potential; if it can hold, a rebound is imminent. My advice is: at this support zone, you can wait for a rebound opportunity.

Specifically, the range from 92300 to 91800 can be considered bullish, with a target around 94500. The key to this move is to wait for support confirmation—don't rush to chase the high. Keep an eye on Ethereum as well, and coordinate with Bitcoin's rhythm to make your judgment.
BTC0.38%
ETH-0.1%
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BasementAlchemistvip
· 01-21 08:25
Can we hold this 92,300 level? It feels like it might drop again.
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LootboxPhobiavip
· 01-19 02:00
You really need to hold this position at 92300, otherwise you'll have to keep pushing down. I feel it's a bit risky.
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GateUser-44a00d6cvip
· 01-19 02:00
You really have to hold this position at 92300, or you'll have to keep fighting.
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0xSunnyDayvip
· 01-19 01:57
This threshold of 92,300 really needs to be held, otherwise it will keep dropping further.
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BanklessAtHeartvip
· 01-19 01:52
If we can hold this level at 92300, there's a chance; otherwise, we have to keep smashing.
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