Recently, BTC market trends have indeed been unfolding as expected, and today marks another important technical milestone. The market may be brewing a rapid correction, potentially completing a significant retracement cycle in the short term. If the timing is right, there are still plenty of opportunities.
From a bearish perspective, the key resistance level is at 93,500. If it breaks downward, the second line of defense is at 93,000. If it continues to decline, 92,000 is a watch point. Once the 93,000 level is lost, attention shifts to whether 91,300 can hold the pressure—this is an important psychological threshold. If this level is also broken, then 90,400 becomes the next critical support, and the space after a breakdown could be even larger.
Conversely, the bullish approach is that 90,400 serves as the first target support level that needs to be held, with 91,300 as the second support. These two levels are very crucial. Looking upward, 92,000 is the target. If the price rebounds near the support levels and breaks through the 93,000 resistance, then 95,500 comes into focus—this is a very strong technical resistance level, often facing significant selling pressure historically.
Of course, these are just projections based on candlestick patterns and key price levels. The actual market still depends on real-time performance. Investment involves risks, so everyone should make their own judgments.
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fren.eth
· 01-09 06:41
Another wave of digital games, sounds good but who can really hit the right levels?
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GasFeeCrier
· 01-07 03:51
If you can't hold 93,500, it's game over.
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fork_in_the_road
· 01-07 03:49
It's the same old number game again, sounds right but no one knows how it will go.
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GmGnSleeper
· 01-07 03:38
It's the same old spiel; just changing the numbers, and the support and resistance levels can be repeatedly used.
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LightningWallet
· 01-07 03:37
Here we go with the number game again; these points sound better than they actually are.
Recently, BTC market trends have indeed been unfolding as expected, and today marks another important technical milestone. The market may be brewing a rapid correction, potentially completing a significant retracement cycle in the short term. If the timing is right, there are still plenty of opportunities.
From a bearish perspective, the key resistance level is at 93,500. If it breaks downward, the second line of defense is at 93,000. If it continues to decline, 92,000 is a watch point. Once the 93,000 level is lost, attention shifts to whether 91,300 can hold the pressure—this is an important psychological threshold. If this level is also broken, then 90,400 becomes the next critical support, and the space after a breakdown could be even larger.
Conversely, the bullish approach is that 90,400 serves as the first target support level that needs to be held, with 91,300 as the second support. These two levels are very crucial. Looking upward, 92,000 is the target. If the price rebounds near the support levels and breaks through the 93,000 resistance, then 95,500 comes into focus—this is a very strong technical resistance level, often facing significant selling pressure historically.
Of course, these are just projections based on candlestick patterns and key price levels. The actual market still depends on real-time performance. Investment involves risks, so everyone should make their own judgments.