2026-01-13 00:53:21

Gate 2025 Year-End Community Gala Bitcoin updates the latest trend + sharing support and resistance levels!!! #BTC $BTC

🚨 Emergency update: Fake breakout of 91,600 (Bull Trap) has been confirmed, bulls are caught in a “trick”
Latest situation:
Proactively pushing the price up then selling off: Just an hour ago (15:41), BTC maintained a “breakout upward” at 91,632, but within the following hour, it was heavily sold off, dropping directly to 90,423. This is a typical example of a “fake breakout (Fakeout)” or “trick” in the market.
Reversal psychology: Buy orders chasing above 91,500 were immediately suppressed. Currently, the downward momentum not only erases the initial gains of the Asian session but also breaks through the daily midpoint at 90,500. Market sentiment has shifted from “optimistic breakout” to “panic re-evaluation.”
Risks around 90,000: The price is returning to the weekend’s trading range. Note! The more times support levels are tested, the more likely they are to weaken. After a fake breakout, the downward momentum is usually stronger, and the 90,000 level is about to face its most serious test.

BTC4,94%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.