2026-01-09 01:23:41

Recently, Bitcoin has been repeatedly fluctuating around the $90,000 mark, with both bulls and bears fighting fiercely. From a technical perspective, the $94,700 level faces significant resistance. Looking downward, the $88,000 to $90,000 range is a critical support zone. If it breaks below this, caution is advised.

There are quite a few variables at play right now. The US non-farm payroll data will be released this week, which usually directly influences the market trend. Additionally, the market has a lot of high-leverage positions, and ETF funds are flowing in and out. In such an environment, the market tends to move to extremes—either sharp rallies or rapid declines—making it difficult to find a buffer.

My advice is to take a light position and ride out this phase of the market, avoiding trying to bottom fish or top-take. Focus on whether those support levels are truly holding. Chasing rallies and panic selling are the easiest ways to get liquidated in this kind of market, so be extra cautious.

BTC-1,16%

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FloorPriceWatcher

· 01-12 00:28

94700 this level is really hard to break, feels like we have to wait for the non-farm payrolls to stir things up --- Keeping a small position is the right move. Last time I was fully invested and chased a rally, I got caught off guard. Now I’m really cautious. --- If we can't hold the 88 to 90 range, it seems like another round of selling is necessary. --- High leverage in this kind of market is just like offering free food, it’s nerve-wracking to watch. --- People trying to buy the bottom or sell the top might have to pay tuition this week. Extreme market conditions are the most punishing. --- Once the non-farm payroll data is out, it’s all over. At that point, it’s either a surge or a crash, no middle ground. --- If the support level really breaks, I’ll just run. Don’t think about a rebound. --- The ETF is entering and exiting so frequently, it’s really hard to get a good read. The risk is a bit high.

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SudoRm-RfWallet/

· 01-11 19:52

Just take a small position, but the problem is everyone entering now wants to take a gamble. As a result, one non-farm payroll report and everything is lost. Once 888 breaks, it will probably head straight to 84. Any talk of buffers is just a lie. I've already quit trying to catch the bottom; it's too easy to get trapped. Waiting to see this week's market trend; I feel it will be a turning point. Those high-leverage traders will probably blow quite a few positions this round, pretty tough.

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BlockchainBouncer

· 01-11 09:10

If the 94,700 level is truly broken, I need to quickly close my positions and run. On Non-Farm Payroll day, there will probably be another "extreme market show." Don’t ask me how I know; I only understand after being wiped out. Trading with a light position is truly an art of survival; heavy positions will eventually land you in the ICU. This wave of the market feels like dancing on a tightrope—one misstep and you'll be swept out. If I can't hold the support level, I’ll just have no positions to avoid getting wiped out and crying.

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AllInAlice

· 01-09 01:51

Once I break 88,000, I will cut my losses. I don't want to be trapped for so long.

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BearMarketMonk

· 01-09 01:50

The 94,700 level really became a bottleneck, it feels like this wave is just testing patience. Small positions to exit, sounds right, but I still couldn't resist adding some leverage again yesterday... I'll be educated sooner or later. Before the Non-Farm Payrolls come out, there's no point in playing this game, just lie low everyone. If the support level really breaks, I'm a bit unsure if 88 can hold me. This market is just a meat grinder, see who can hold on first.

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InfraVibes

· 01-09 01:49

94700 That critical resistance level really can't hold up these days, it feels like it could drop at any moment. Take a small position and run, or you'll be scared to death on Non-Farm Payroll day. Once 88000 is broken, we need to exit quickly, don't be greedy. This wave of market movement is too extreme, high leverage traders are probably going to get wiped out completely. If the support level can't hold, I'll withdraw; there's no need to chase the highs and sell the lows.

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WhaleWatcher

· 01-09 01:46

If 94,700 can't be broken, then there's no point; it feels like this wave is just repeatedly cutting the leeks. Holding a small position is correct, but honestly, how many people can resist chasing the rally... That day during the non-farm payroll report might be explosive; let's see who gets proven wrong. Can 88,000 really hold? I have a feeling it's uncertain. It's always small positions, small positions, but it seems like everyone is saying the same thing. Leverage is probably going to be cleared out this week, serves them right. Support levels, as they say nicely, are actually just a matter of luck.

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DefiPlaybook

· 01-09 01:42

The suggestion to hold a small position is reasonable, but I think the key still depends on the 88,000 defense line. Once it collapses, the mentality is likely to break. During the non-farm week, repeated hits make this kind of market prone to unpredictable losses, similar to adding liquidity in a DEX.

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MetaMuskRat

· 01-09 01:28

It's the same story again, light positions, light positions. I'm tired of hearing it, haha. It's really congested around 94700. Let's see how the non-farm payroll data turns out. If 88000 breaks, I really have to run. Don't gamble anymore.

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