Bitcoin's recent trend is quite interesting. After retracing from the top at 94,737, it has now fallen below the mid-line, with a support level at 90,753.
How should we interpret this trend? If Bitcoin continues to break below 90,753, the potential for further correction could be larger. But this is also a critical point—if it stabilizes near the mid-line, a rebound to test the upper band is possible.
From a trading perspective, the range between 91,000 and 91,500 is quite interesting. Once the price touches near the lower band at 90,753, a technical rebound usually occurs. This is a key entry window to watch.
If a rebound occurs, the pressure levels to face in the short term are around 92,000 to 93,500. This range might cause some congestion for a while, so there's no need to rush into chasing highs.
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GateUser-a180694b
· 01-13 15:57
Hey, this wave of decline really tests your mentality; 90753 is truly the life and death line.
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GateUser-cff9c776
· 01-12 06:53
Schrödinger's bull market, this is exactly the vibe right now. Can 90753 hold up? To be honest, it's a bit uncertain, but this is indeed a classic example of support line artistry.
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P2ENotWorking
· 01-12 06:53
Whether 90753 breaks or not is a matter of concern; I just want to see how far it can rebound.
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SignatureAnxiety
· 01-12 06:52
The 90753 level feels a bit shaky. Can it really hold up?
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retroactive_airdrop
· 01-12 06:51
It looks like the same old pattern again, rebounded around 91,000. Let's see if it can break through 93,500.
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WinterWarmthCat
· 01-12 06:45
90753 is really a critical point. Once broken, be prepared for a major adjustment.
Bitcoin's recent trend is quite interesting. After retracing from the top at 94,737, it has now fallen below the mid-line, with a support level at 90,753.
How should we interpret this trend? If Bitcoin continues to break below 90,753, the potential for further correction could be larger. But this is also a critical point—if it stabilizes near the mid-line, a rebound to test the upper band is possible.
From a trading perspective, the range between 91,000 and 91,500 is quite interesting. Once the price touches near the lower band at 90,753, a technical rebound usually occurs. This is a key entry window to watch.
If a rebound occurs, the pressure levels to face in the short term are around 92,000 to 93,500. This range might cause some congestion for a while, so there's no need to rush into chasing highs.