Currently, Bitcoin is fluctuating around $93,500-$93,700, showing a slight upward bias with a strong tendency. The increase within half an hour is controlled at 0.1%-0.2%, with relatively moderate trading volume, and no obvious breakout or plunge trend has formed yet.
From a technical perspective, the immediate support level is at $93,000. Caution is needed if the price rebounds to the $94,500-$95,000 range, as the hourly RSI has already entered the overbought zone, indicating a potential for a slight pullback.
Short-term trading strategy: mainly observe and avoid chasing highs. If the price can stabilize after a dip to $93,000, consider gradually increasing positions; but if the rebound lacks strength, it is advisable to moderately reduce holdings to avoid the risk of overbought correction.
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MemeCurator
· 01-09 09:46
It's that kind of sideways movement again, so annoying, just won't break through.
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LiquidationTherapist
· 01-07 09:14
Again bouncing back and forth at 93,500, really tiring
Just sit and watch
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GraphGuru
· 01-06 10:49
Repeated bouncing between 93 and 94, this trend is really a bit boring
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RSI is overbought, and you're still chasing? Brother, are you trying to buy the top?
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Watching and watching, always watching. When will there be some strong moves?
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Stabilizing at 93,000 before adding? I bet it will break through directly
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A slight increase of 0.2% can be called relatively strong, who is this data fooling?
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Moderate trading volume is a sign that something is about to happen, I’ve learned that
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Reducing positions, reducing positions, I’ve already reduced quite a lot, haha
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This market is just wearing down people's patience, speechless
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Is 94,500-95,000 really something to be cautious about? It still feels like it will surge
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DuskSurfer
· 01-06 10:41
Can the 93,000 support level hold? It feels like this wave lacks strength.
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AirdropDreamBreaker
· 01-06 10:38
It's that kind of entangled market again, making people's eyes dizzy
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If 93,000 can't hold, I'll just run
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RSI is overbought and still hyping up, it's funny
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Wait for stabilization before talking, chasing highs now is suicidal
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This rebound feels dull
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I'll run before 94,500 comes
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Watching every day, what's the use? Just stubbornness
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Reduce positions, reduce positions, and I'm starting to panic again
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A slight increase? I don't see it
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With such mild trading volume, I don't believe it can break through
Bitcoin Evening Trend Observation
Currently, Bitcoin is fluctuating around $93,500-$93,700, showing a slight upward bias with a strong tendency. The increase within half an hour is controlled at 0.1%-0.2%, with relatively moderate trading volume, and no obvious breakout or plunge trend has formed yet.
From a technical perspective, the immediate support level is at $93,000. Caution is needed if the price rebounds to the $94,500-$95,000 range, as the hourly RSI has already entered the overbought zone, indicating a potential for a slight pullback.
Short-term trading strategy: mainly observe and avoid chasing highs. If the price can stabilize after a dip to $93,000, consider gradually increasing positions; but if the rebound lacks strength, it is advisable to moderately reduce holdings to avoid the risk of overbought correction.