Bitcoin once again showed consolidation at a key level yesterday, first forming a false breakdown pattern, then quickly rebounding. Today, the market moved higher again, with the 4-hour chart showing a somewhat unappealing probe near the resistance level. The next direction depends on how this probe develops—whether it can break through the resistance or continue to oscillate within this range. The US stock market opening should provide clearer signals.
Tomorrow will be a very critical day. If Bitcoin can maintain the current price level until the daily close, the 20-day moving average on the daily chart is likely to turn upward, allowing us to break free from this frustrating consolidation pattern and enter a new upward cycle. The key now is to see if it can fully break through the top of the converging triangle.
I still hold a long position, hoping to capitalize on this wave of market movement at the start of the new year. Wishing everyone a smooth 2026 market, and may you all achieve your desired profits!
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SocialAnxietyStaker
· 3h ago
Another fake move, I'm tired of this routine. Just waiting for the US stock market to give a clear answer tomorrow.
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OnchainDetective
· 16h ago
Wait a moment, I need to analyze the on-chain data behind this... Fake breakouts followed by quick rebounds? According to on-chain data, this rhythm seems a bit too neat. We need to look into the operational logic of the large wallet addresses. By tracking multiple addresses, can we find anything suspicious?
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ParallelChainMaxi
· 16h ago
It's that "tomorrow is crucial" again, but even next year it's still fluctuating haha
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LayerZeroJunkie
· 17h ago
It's the same old fake breakdown, the same old trick... However, the position of the probe this time is quite interesting. Let's see if the US stock market can give us a clear answer tomorrow.
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AirDropMissed
· 17h ago
It's the same "tomorrow is crucial" script again, I've been hearing it for a whole year haha
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ColdWalletAnxiety
· 17h ago
It's another false breakout. I'm tired of this routine. Can it really stabilize tomorrow?
Don't sell me chicken soup, talking about the daily 20 moving average. I just want to know if it can break the triangle top.
Holding a long position is also a gamble. Anyway, it's all oscillating back and forth. Why not just do it all at once?
The real test is when the US stock market opens. Right now, it's all talk.
If it gets hammered down again tomorrow, I won't even have time to cry over my long position.
Hopefully, it can truly enter an upward cycle; otherwise, this start to the year is just too frustrating.
Bitcoin once again showed consolidation at a key level yesterday, first forming a false breakdown pattern, then quickly rebounding. Today, the market moved higher again, with the 4-hour chart showing a somewhat unappealing probe near the resistance level. The next direction depends on how this probe develops—whether it can break through the resistance or continue to oscillate within this range. The US stock market opening should provide clearer signals.
Tomorrow will be a very critical day. If Bitcoin can maintain the current price level until the daily close, the 20-day moving average on the daily chart is likely to turn upward, allowing us to break free from this frustrating consolidation pattern and enter a new upward cycle. The key now is to see if it can fully break through the top of the converging triangle.
I still hold a long position, hoping to capitalize on this wave of market movement at the start of the new year. Wishing everyone a smooth 2026 market, and may you all achieve your desired profits!