2026-01-02 06:23:06

Bitcoin Price Trend Observation

Looking at the monthly chart, BTC has clearly broken through the upward trend and closed above it. The current price is right at a noticeable support level—the area marked by the green rectangle.

From this support point, I expect BTC to rebound. If this rebound begins, the target could be around $108,612. This is a relatively key resistance zone and warrants close attention.

Support is usually the starting point of a rebound, and support levels on the monthly chart are especially significant for reference. The current technical signals suggest that a buying opportunity may be imminent.

BTC2,83%

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SolidityJester

· 10h ago

The monthly support is so obvious, it's hard not to believe in a rebound. You really need to keep an eye on the 108612 level. Is it time to add to your position again? Has the support level been broken? It feels like a collapse is coming. Can this rebound reach the expected target? I'm not confident. With such a strong bullish signal, why am I still hesitating?

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APY追逐者

· 10h ago

Monthly support is indeed attractive. I remember the 108612 level. I'll wait for a rebound to decide.

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BTCWaveRider

· 10h ago

The monthly support is so strong, what are you waiting for to buy the dip? --- 108612 feels a bit fake, is this history repeating? --- Once the green box is confirmed, it's time to get in, but I'm still watching. --- To start the rebound, ask the big players if they agree, haha. --- If the support level is so obvious, the bears should be able to see it too... --- Is there a buying opportunity right now? Wake up, I've heard this too many times. --- Just want to know what to do if it breaks down, do we have a backup plan? --- Monthly-level analysis is indeed worth considering, but only if the support doesn't break.

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rugged_again

· 10h ago

Monthly support confirmation? Whatever, I said the same thing last time, and look what happened... Wait, can really break? Or are we going to plunge again? Sounds plausible, but I always feel we need to drop another wave before bouncing back. Support levels are often the best trap for catching people, be careful. The monthly level is indeed more reliable, but only brave traders are leveraging now. If it repeats this time, I might as well go all-in on a short. Is the 105k support holding? If it can stay steady, then play according to your logic. The monthly rebound looks promising, but I’m worried about another sudden negative news coming in the middle. $108k? Let’s see if we can hold this level first, then talk. Feels like another small rebound, but the real opportunity hasn't come yet.

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rugpull_survivor

· 10h ago

Monthly support has been confirmed. Is this rebound about to take off? Wait, at the price level of 108612... it doesn't seem that simple. Support triggers a rebound, a familiar pattern, but will this time really be different? It's another monthly signal. I've heard this kind of talk too many times... but it's definitely worth paying attention to. Rebound? I only trust the trend, stop bragging.

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MemeKingNFT

· 10h ago

It's the old routine of support level rebound. Can this wave really break 108612...? I always feel like I'm waiting for that never-coming bottom consensus. --- Monthly support? I've heard that so many times—just go with the trend, don't let the chives mentality control you. --- Green rectangle box? Haha, I just want to know if this time we can really bottom out. Last time, when I listened to on-chain analysts tell stories, my digital collectibles had already turned into digital graves. --- Is there a buying opportunity right now? Friend, I've been shaken by market sentiment to the point of questioning life. Maybe we should wait until a clear bearish signal appears before we talk. --- 108612... This number sounds more stable than blue-chip projects, but I hope it's not just the prelude to another chives harvest.

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