2026-01-07 04:29:10

Bitcoin's selling pressure above the 94k level is quite significant. Interestingly, before the classic shorting point appears, the price has already started to weaken.

Since the surge on the 1st, it has been nearly 7 days. Technically speaking, a trend reversal signal is likely to appear within these two days. To see the bullish sentiment continue to spread, a strong breakout is essential—specifically, crossing the 95k threshold. The problem is that the supply and demand at the 95k level still need time to accumulate, so the probability of a short-term correction is indeed higher.

The recent dip to the 92k-90k range overnight, looking at the 4-hour candlestick pattern, seems somewhat suspicious of a false breakout. If in the next couple of days we still can't break through 95k, or if there's only a quick spike followed by a sharp drop, then this rally will essentially come to an end.

BTC0,13%

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ChainMemeDealer

· 01-10 03:19

The signs of a trap are too obvious. This wave of selling is just testing bottom confidence. The real key is whether 95k can hold steady. The 95k level is too tough; it seems difficult to break through in one go in the short term. The seven-day rally has almost been exhausted. Now it all depends on whether enough buy orders can be accumulated for support. That wave in the early morning directly dropped to 92k, which made me a bit panicked. It feels like the bulls are running out of steam. If you ask me, if this round of the market can't break 95k again, then it's really time to enter a correction cycle.

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NFTregretter

· 01-09 05:10

The smell of manipulation is indeed strong; that wave at 92k was smashed so decisively, it feels like a fishing trap.

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AllTalkLongTrader

· 01-07 21:46

94k, this key level pressure is really intense, feels like a break is necessary If it can't break through 95k, then get ready to run, the signs of诱多 are indeed obvious A 7-day increase that can be maintained until now is already good, just see if these two days can be powerful The drop from 92k to 90k was a bit harsh, not like a serious move A direct plunge in the early morning, this tactic feels a bit familiar

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liquidation_surfer

· 01-07 04:58

94k this level is indeed a bit stuck, feels like we need to wait a bit longer --- The smell of manipulation is getting stronger, be careful of being crushed --- If 95k can't be broken, it's time to look down, nothing more to say --- It's the same old trick, inserting a pin causes a dive, tired of playing this game --- The 7-day trend has come to an end, it's time to reverse the move

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DefiOldTrickster

· 01-07 04:57

That 94k hurdle, I've seen it too many times. It's the same old trick to lure more. Young people, don't get caught.

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SelfCustodyBro

· 01-07 04:50

If 95k can't be broken, this wave will really be over, and it feels like there's a strong sense of false hype.

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Degentleman

· 01-07 04:29

The 94k barrier feels like building a wall, pressing down hard with selling pressure. If 95k can't be broken, then the bulls can forget about this wave; the smell of a trap is indeed strong. The 7-day rally has been significant; it's time for a correction, nothing surprising about that. The dip from 92-90 was clearly a test; the 4-hour chart indeed looks ugly. If it can't break through, it will just go down directly; there's nothing more to say. The 95k barrier, why does it feel harder to break than expected? I've seen many trap setups like this; the old script of needle stabbing and plunging is outdated. A short-term correction is highly probable; this repeated back-and-forth is a bit annoying.

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