Looking at today's trend, Bitcoin is currently in a stepwise decline. The triangle pattern has been broken, and the position marked by the yellow box has formed an isolated high point. If it doesn't break through, don't expect a rebound. The corresponding price is 91,477 — this is a hard indicator.



In simple terms, only a renewed breakthrough and stabilization above 91,477 inside the triangle can prevent further decline. If it can't break through, it will continue to probe downward. Looking at the yellow arrow area, it has already retested the support at 90,338. Although there's about three hundred points left, making it a bit uncertain, this is indeed a critical level. The white arrow points to the second retest of 90,338.

If this level can hold and form a double bottom pattern, an upward rebound must break through and stabilize above 91,477; otherwise, it will continue to test 90,338. Once 90,338 is broken and cannot recover, the hourly bullish trend is over, switching directly to a bearish trend. The most ideal move is a slight dip below 90,338 to absorb liquidity below, then move upward — this is currently the best scenario.

The current issue is that it has been oscillating around 90,338, unable to rise above 91,477, and the probability of a breakdown is quite high. The trading suggestion is clear: for Bitcoin, with volume, break through 91,477 on the right side to chase longs; if 90,338 is broken with volume and cannot recover, then chase shorts on the right side to catch the correction, remember to set proper stop-losses. The hourly upward target is 92,643-93,682, provided it must break through and stabilize above 91,477. If the 4-hour level drops below 90,625, look down to 89,518-88,458.

Regarding the pattern here, Bitcoin is showing an expanding large trumpet shape. It has already broken below the neckline at 3,228. If it breaks below the trumpet's 3,100 again, trouble is imminent. How low it can go is uncertain because the 3,092-3,022 zone is a vacuum area; no one knows where support will stop.

To continue upward, it must break through 3,181. If it can't go above 3,181 and doesn't break below 3,117, then oscillating within this range for correction is the most comfortable move.
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OPsychologyvip
· 01-11 05:15
91477, this level must be broken through, otherwise it's just a false rebound.
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ApeShotFirstvip
· 01-08 19:04
91477 this hurdle really needs to be crossed, otherwise it's all for nothing --- 90338 is coming again? I'm already afraid of the loss, stop-loss needs to be watched closely --- The rhythm of Bitcoin is amazing, feels like it's about to break out, oh my --- Double bottom? Fake, I think it will directly break down --- If 3181 doesn't hold steady, don't even think about it, really --- This vacuum zone is too terrifying, who knows where it will end up falling --- Back to right-side trading again, my heart can't take it --- Breaking 3100 on the trumpet will directly explode, can't afford to gamble --- Holding tight to stop-loss is the way to go, don't chase blindly --- Consolidation and recovery sound comfortable, but I'm afraid it's going to break
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SoliditySlayervip
· 01-08 07:53
This wave of Bitcoin is really wavering. If it can't break 91477, don't expect much. Proper stop-loss management is essential.
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AlwaysMissingTopsvip
· 01-08 07:52
This position at 91477 really needs to be broken, or else it's just a slaughterhouse.
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Fren_Not_Foodvip
· 01-08 07:27
If 91477 can't be broken, I guess I'll have to keep selling downwards. This wave of movement is really a bit annoying.
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TokenUnlockervip
· 01-08 07:24
It's starting to sway again; the key level at 91477 still can't be broken through.
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