2026-01-11 02:28:15

Bitcoin has been falling from 94,500 for three days now, and it is now basically stable within the 90,000 to 91,500 range, repeatedly testing this level. To be honest, we've been here twice before, and many traders are wondering—can we continue to short near 91,500?

From a technical perspective, the repeated testing of the range indicates that both bulls and bears are vying for control. Every attempt to break through is met with rejection, and this signal should not be ignored. However, the problem is that if the same level has been tested twice, the momentum to move lower may weaken each time—that's a detail many people tend to overlook.

Besides Bitcoin, the recent performance of Ethereum has also been quite interesting, and privacy coins like ZEC present some opportunities worth paying attention to. During consolidation phases, the market often amplifies opportunities in certain sectors, and the key is to find the right rhythm.

What do you think? Is it still worth shorting near 91,500?

BTC1.96%

ETH2.31%

ZEC8.58%

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0xSoulless

· 9h ago

Still stuck at 91,500, truly the happy homeland of the leek farmers.

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BankruptcyArtist

· 21h ago

91,500 repeated tests more than three times should be enough to wake up. Don't pretend you can't see the energy decay issue.

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SelfStaking

· 01-11 02:56

91,500 this level... I think the bearish side has no new tricks left. Repeatedly testing the same level three times is usually a signal. Those who should have sold have already sold. The real opportunity might be in the sidechain sector. ZEC is indeed worth jumping in on this wave. As for Bitcoin, just watch and see.

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GhostChainLoyalist

· 01-11 02:56

The 91,500 level has been tested twice already. The momentum is truly weakening. Don't keep blindly holding.

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gas_fee_therapy

· 01-11 02:52

I think this 91,500 is really a trap. Testing twice in a row is already a warning signal. If it goes lower again, it's a bit like gambling with your life... The point about deceleration of momentum is correct; many people get stuck in the repetitive phase.

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TokenAlchemist

· 01-11 02:41

nah the third test at that level is just exhaustion theater... momentum decay is real, anyone reading order flow should see the inefficiency vector collapsing. shorting stale support twice already? that's not alpha, that's just chasing ghosts.

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RugPullAlarm

· 01-11 02:35

At the 91,500 level, I monitored it three times, each time with large investors accumulating at the low points. On-chain data shows that whale addresses have net inflows of over 23,000 coins in the past two days. Do you still want to short? Wake up.

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