Bitcoin encounters strong resistance at the $94,000 level, printing its first daily red candle of the year yesterday with a noticeable decline. The New York session started unfavorably, dropping from $94,300 straight down to $91,200 within half an hour, nearly a 3% daily decline, causing the bulls to momentarily fall into a passive position.



However, the market soon saw a turnaround. MSCI announced it would not remove a certain strategy from its index, and this positive news ignited a rebound sentiment, with BTC rising 2% in response, and the current price stabilizing around $92,000.

The key question now is: can the US market today break through the critical resistance at $94K, or will it face suppression again at this level? The short-term trend remains highly uncertain, and the tug-of-war between bulls and bears has just begun.
BTC1,63%
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GasWastingMaximalistvip
· 01-11 07:12
The 94K hurdle is back again, really annoying. Is it worth repeatedly testing the waters?
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ProbablyNothingvip
· 01-11 04:52
Is the 94K threshold really that difficult? Feels like I'm stuck here every day.
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Anon4461vip
· 01-09 21:35
94K is about to be a tug-of-war again. Can this rebound break through? I bet it won't break.
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GweiWatchervip
· 01-08 07:53
94k resistance is still that tough, the rebound doesn't mean much, let's wait for the US market to show its true colors.
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HodlVeteranvip
· 01-08 07:52
94K this hurdle, it looks so familiar, I kept buying in repeatedly back then... MSCI's conditioned reflex, after chopping the chives, it still pulls another move, just the old trick. Whether the US market breaks through suddenly or not is all fate, anyway I already lost all my all-in money. The nightmare from 2018 is not over yet, and now I have to start a new round of psychological preparation... Short-term suspense? Bro, honestly, it just depends on whether the big players are in a good mood. I’ve already given up guessing. Every rebound feels like it’s going to take off, but then it turns around and crashes again, that’s the daily life of a chive. 94K has been a bottleneck for half a year, I’ve gotten used to it, anyway I can’t sell now. Those little bits of good news are like coal balls, burn for a while and then it’s over. If I can’t break through 94K, I’ll just keep lying flat and holding coins, anyway holding an empty position is also a loss. I should have listened to the elders when I first entered the market, this is just a cycle.
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BlockchainArchaeologistvip
· 01-08 07:49
94K has really become a tough nut to crack; it crashes at the slightest touch. Can this rebound hold up? It feels like a psychological battle.
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AirdropHuntressvip
· 01-08 07:40
94K is indeed an interesting level. Data shows that historically, these price ranges have been areas where funds concentrate. Don't be greedy.
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DuskSurfervip
· 01-08 07:33
94K this level is really heartbreaking; no matter how many times it’s tried, it just won't break. It feels like being trapped in a spell.
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