Bitcoin faced resistance yesterday in the 940-945 region, rebounded, and then oscillated downward. From a technical perspective, the situation is actually quite clear—short positions above have been mostly absorbed, and there’s no obvious resistance around 94,000, nor are there any significant signs of a top.
In this environment, the resistance near 94,000 needs to be tested repeatedly to confirm. Once a valid breakout occurs, the 96,000 to 97,000 range will become the next focus. On the downside, the 92,000-91,000 level can serve as support.
It is recommended that everyone set profit-taking plans in stages and avoid greed. The current market pace is slow, with limited room for small fluctuations. Until the trend becomes clear, it’s best to remain cautious.
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GasFeeVictim
· 01-09 08:17
Breaking through the 94,000 level indeed requires repeated testing. Only after the bears are completely wiped out can we confidently break through.
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StablecoinArbitrageur
· 01-09 06:43
actually, the 94k resistance zone lacks sufficient order book depth to confirm a real breakout attempt. been running statistical analysis on the 4h candle correlations and the signal's weak tbh. classic rookie move watching price action without checking CEX vs DEX liquidity spreads first.
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BearHugger
· 01-09 00:58
The 94,000 level has been tested repeatedly, but I think this time we can break through.
Take profit plan? Ha, easy to say, hard to do. I'm just the greedy type.
Let the volatility be, anyway I don't lack these few hundred points.
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LiquidationOracle
· 01-06 10:49
94000 this threshold repeatedly tested is really annoying. When will it finally break?
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It's that same story of phased profit-taking. Honestly, it's hard to do.
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Did the bears get completely wiped out? Why do I still feel like we're in a back-and-forth battle?
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Will 96-97 really come, or will we just see more volatility for a few days?
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The sluggish market is the most torturous. I've lost patience waiting.
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Can 91-92 support be trusted? Will history repeat itself?
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That greedy remark really hit home. Every time I want to take more, I get caught in a trap.
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How many stress tests are needed to confirm? Feels like I'm constantly being proven wrong.
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When will this trend finally become clear? It's driving me crazy.
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Is the small fluctuation range limited? Then be careful not to get shaken out.
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LiquidatedDreams
· 01-06 10:48
94000 this threshold really needs to be tested several times, I feel a bit uncertain about the short squeeze being completely wiped out
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Again, taking profits in batches, and not being greedy. Whenever there's a rally, it just can't hold up
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Slow market conditions are the most annoying. Why not just choose a direction directly instead of oscillating?
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I believe in the 96-97 target, just worried that it might drop back before reaching 96
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Can 91000 really hold? I feel like it might go even lower
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Even if the shorts are wiped out, there can still be pressure. I don't quite get this logic
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ThesisInvestor
· 01-06 10:43
It takes repeated testing of 94,000 to confirm, this time you really need to be patient and wait for the signal.
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AltcoinTherapist
· 01-06 10:36
It's the same old trick again, repeatedly testing 94,000... I just want to ask, can we really break through this time? Or will there be another round of plunging?
The advice to take profits in batches has been heard too many times, but no one really manages to execute it well.
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rugdoc.eth
· 01-06 10:27
The 94,000 level really needs to be tested repeatedly. The bears have been wiped out, but the pressure is still there.
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Here we go again with the staged take-profit strategy. I just want to ask, how did it turn out last time when you said this?
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Don't be greedy, this is always said, but when it comes to the actual position, some still go all-in.
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Let's see if the support at 92,000-91,000 holds; it might just be an illusion.
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If 96-97 really breaks upward, then I’ll believe in this wave of the market. It’s still early.
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The market’s pace isn’t fast, just testing patience. Stuck between 94,000 and 92,000, it’s awkward as hell.
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No top signals mean it still has room to go up. That’s interesting.
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Being wiped out of the short positions is a good sign, right? But why is the fluctuation still so long?
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The staged take-profit plan sounds good, but in reality, it’s just being timid.
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Repeated testing of this range, to the point of scalp numbness, and still no definitive answer.
Bitcoin faced resistance yesterday in the 940-945 region, rebounded, and then oscillated downward. From a technical perspective, the situation is actually quite clear—short positions above have been mostly absorbed, and there’s no obvious resistance around 94,000, nor are there any significant signs of a top.
In this environment, the resistance near 94,000 needs to be tested repeatedly to confirm. Once a valid breakout occurs, the 96,000 to 97,000 range will become the next focus. On the downside, the 92,000-91,000 level can serve as support.
It is recommended that everyone set profit-taking plans in stages and avoid greed. The current market pace is slow, with limited room for small fluctuations. Until the trend becomes clear, it’s best to remain cautious.