2026-01-07 07:27:39

Bitcoin's long-term frame continues the movement pattern we discussed yesterday. Focus on detecting any signs of weakening downside momentum alongside the ongoing downward auction phase. The current NPOC level has been retested and is holding its ground quite well so far. Keep tabs on where Monday's high sits—it's a critical reference point. The structure is shaping up like a potential V-shaped counter move, which means if that Monday high gets taken out cleanly, we might see price action continue its descent. Otherwise, watch for the reversal setup to develop from current support levels.

BTC0,33%

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PumpStrategist

· 01-09 07:54

The pattern discussed yesterday still holds, and this wave of NPOC is indeed a bit strong. However, if the high point on Monday can't be broken, the probability of a V-shaped reversal increases. At that time, the retail investors will be chasing the rally again [laugh cry].

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GhostWalletSleuth

· 01-08 11:44

It's that same V-shaped reversal theory again. If we can't break the high on Monday, we'll just wait for a rebound. Anyway, after a decline, it's time to catch a breath.

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SmartContractPhobia

· 01-07 21:12

If the high point on Monday can't be broken, a reversal signal will come. This wave looks quite interesting.

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BitcoinDaddy

· 01-07 07:57

Is that high point on Monday really that important? It feels like every time they say it's a key level, it still gets broken through.

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LiquidationWatcher

· 01-07 07:57

Is that high point on Monday really that important? It feels like it's always said to be critical...

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LeverageAddict

· 01-07 07:56

That key level on Monday is really crucial. Whether it breaks or not depends on this move. Feels like a V-shaped reversal is coming?

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MerkleTreeHugger

· 01-07 07:47

It's the same old rhetoric again—V-shaped reversal, support levels, key reference points. I'm getting calluses on my ears from hearing it all, haha.

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SatsStacking

· 01-07 07:39

If the high point on Monday can't be broken, then the reversal signal should be closely watched. It feels like this wave is about to unleash a big move.

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