Recently, I've been watching BTC closely over the past few hours, and the more I observe, the more I feel there are some clues in the market depth. Recently, the bulls have been clearly in the lead, with RSI holding at 51.7. While not extremely strong, it feels like something big is brewing.
Currently, the price is around $93,567, not far from the key resistance level at $95,438.34. If we can effectively break through this level, a noticeable upward trend could follow. Honestly, the market sentiment has been quite optimistic lately, with bullish forces continuing to dominate. All these signals point in the same direction.
But we should also pay attention to the support levels. The $91,695.66 level is a key focus for me; it acts like a defensive line. If the price really breaks below it, I will cut my losses without hesitation—protecting the principal is always the top priority. However, based on the current trend, the likelihood of a breakdown in the short term seems low.
My thinking is this: if the price can break through the $94,970.50 level, I will consider adding to my position gradually. Usually, once this level is breached, there’s often more room for a larger upward move. Conversely, if it falls below $91,695.66, I will exit decisively—there’s no need to hesitate.
Overall, I remain bullish on BTC’s recent trend. From the market performance to various indicators, they all tell the same story. Opportunities often appear right in front of us at times like these, the key is to be prepared. What do you all think about this price level? Keep an eye on it—opportunities always favor those who do their homework.
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NftRegretMachine
· 01-08 13:44
Over 90,000 and still hesitating, wondering where I need to go to finally wake up
View OriginalReply0
MeltdownSurvivalist
· 01-07 14:33
Bro, the 9.3k level is indeed interesting.
If it can't break 9.5k, don't overthink it.
Stay optimistic but don't go all in; that's the key to survival.
If the support disappears, just run, no second thoughts.
With RSI so mild, I'm actually a bit nervous.
Let's wait until it breaks; right now, the bulls are overhyped.
Capital safety > everything. This time, we can't be reckless like before.
View OriginalReply0
MidsommarWallet
· 01-06 21:02
Yeah, this wave does feel quite interesting, and the bulls are pretty strong.
Whether it breaks through the 94970 level is the key; once it goes higher, it should take off.
RSI is only 51.7, which isn't aggressive enough; we need to wait and see.
View OriginalReply0
FUD_Vaccinated
· 01-06 11:57
Uh, I feel like we still need to wait for this wave. If the 91695 line really breaks, I'll just go flat.
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BanklessAtHeart
· 01-06 11:51
盯盘几小时眼都花了,不过你这分析确实讲得有道理,95k那道坎感觉真的要来了
Reply0
ChainWanderingPoet
· 01-06 11:51
Hmm... Can the 95k level really be broken? It feels a bit uncertain.
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RSI is only 51.7 and you're already trying to tell a story. Are you being optimistic or just gambling?
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I just want to know, if it really drops to 9.16, will anyone still dare to buy the dip?
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Before adding to your position, check how much is left in your wallet, brother.
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Market clues... I can't see anything. Turns out I'm just too inexperienced.
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The bulls are truly dominant, but I've told this story a thousand times, and every time they say the opportunity is coming.
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That 91695 support line, I bet five bucks it will break sooner or later.
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Watch together? Never mind, I’ll just go to sleep. Anyway, the price will be the same when I wake up.
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Wait, why are you all so sure it will rise? Think about it the other way around.
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Opportunities are reserved for those who do their homework well... Looks like I have no hope then, haha.
View OriginalReply0
LayerZeroHero
· 01-06 11:40
You're promoting increasing your position again, how funny.
View OriginalReply0
BearMarketGardener
· 01-06 11:40
It's the same old story, breaking through, breaking through. Every time they say they'll break through, but what's the result?
View OriginalReply0
LayerZeroHero
· 01-06 11:32
It has been proven that RSI at the 51.7 level is indeed interesting, but I am more concerned about whether $94970.50 can really be broken through, as this is the key test to validate the bullish narrative.
Recently, I've been watching BTC closely over the past few hours, and the more I observe, the more I feel there are some clues in the market depth. Recently, the bulls have been clearly in the lead, with RSI holding at 51.7. While not extremely strong, it feels like something big is brewing.
Currently, the price is around $93,567, not far from the key resistance level at $95,438.34. If we can effectively break through this level, a noticeable upward trend could follow. Honestly, the market sentiment has been quite optimistic lately, with bullish forces continuing to dominate. All these signals point in the same direction.
But we should also pay attention to the support levels. The $91,695.66 level is a key focus for me; it acts like a defensive line. If the price really breaks below it, I will cut my losses without hesitation—protecting the principal is always the top priority. However, based on the current trend, the likelihood of a breakdown in the short term seems low.
My thinking is this: if the price can break through the $94,970.50 level, I will consider adding to my position gradually. Usually, once this level is breached, there’s often more room for a larger upward move. Conversely, if it falls below $91,695.66, I will exit decisively—there’s no need to hesitate.
Overall, I remain bullish on BTC’s recent trend. From the market performance to various indicators, they all tell the same story. Opportunities often appear right in front of us at times like these, the key is to be prepared. What do you all think about this price level? Keep an eye on it—opportunities always favor those who do their homework.