You mentioned the loss of the $92,155 support. Technically, this has flipped the 4-hour chart into a clear "sell the rally" regime. The "Ceiling": Any bounce back to the $92,000–$92,500 zone is likely to be met with heavy institutional selling unless the NFP data is shockingly weak. The "Floor": If $90,000 fails to hold on a closing basis, the psychological vacuum down to $87,600 (the monthly open) is quite thin. Strategic Adjustments Since you’re looking at the "Pre-NFP" window, here are a few things to keep in mind: Divergence Alert: While BTC is struggling, keep an eye on Ethereum (ETH) and Solana (SOL). ETH has shown relative strength in ETF inflows recently, and if BTC stabilizes, the "capital rotation" you noted could see alts recover faster. The "Trump Factor": Don't forget the external noise—geopolitical tension in Latin America (Venezuela) and the Supreme Court’s upcoming ruling on global tariffs are adding a "risk-off" layer that technicals alone can't account for. Bottom Line: The breakdown below $91,000 feels like a "stop-loss hunt" ahead of the big data release. Whether it's the "final dip" depends entirely on whether the labor market shows signs of cooling. Until then, as you said, patience is the only profitable trade.#GateSquareCreatorNewYearIncentives
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Technical Reality Check
You mentioned the loss of the $92,155 support. Technically, this has flipped the 4-hour chart into a clear "sell the rally" regime.
The "Ceiling": Any bounce back to the $92,000–$92,500 zone is likely to be met with heavy institutional selling unless the NFP data is shockingly weak.
The "Floor": If $90,000 fails to hold on a closing basis, the psychological vacuum down to $87,600 (the monthly open) is quite thin.
Strategic Adjustments
Since you’re looking at the "Pre-NFP" window, here are a few things to keep in mind:
Divergence Alert: While BTC is struggling, keep an eye on Ethereum (ETH) and Solana (SOL). ETH has shown relative strength in ETF inflows recently, and if BTC stabilizes, the "capital rotation" you noted could see alts recover faster.
The "Trump Factor": Don't forget the external noise—geopolitical tension in Latin America (Venezuela) and the Supreme Court’s upcoming ruling on global tariffs are adding a "risk-off" layer that technicals alone can't account for.
Bottom Line: The breakdown below $91,000 feels like a "stop-loss hunt" ahead of the big data release. Whether it's the "final dip" depends entirely on whether the labor market shows signs of cooling. Until then, as you said, patience is the only profitable trade.#GateSquareCreatorNewYearIncentives