The afternoon market started to converge, and the technical aspect did not provide a clear entry opportunity. $BTC is oscillating around 92,500 and 3,250.
From the market perspective, the entire market is still following the old pattern—range-bound tug-of-war. The line at 94,500 has formed a relatively strong resistance. Before truly breaking through, no one should be overly optimistic. Keep a steady mindset and don't be fooled by rebounds. The defensive line at 91,000 is quite solid; there have been multiple rebounds from this level, indicating that some traders are still defending this position. Therefore, we can't simply conclude that the upward trend has completely fizzled out.
From an operational standpoint, the old method is still more practical—sell when prices are high, buy when prices are low, and trade within this range. Both bulls and bears should stay cautious, as nobody knows how the market will move next.
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SerumSqueezer
· 01-09 01:16
Just keep messing around like this, I'm tired of it. Either break through 94500 or hold at 91000. The middle is just a place for people to get slapped around.
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ForkItAll
· 01-07 08:26
If 94,500 can't be broken, don't expect it; this wave is still a sideways trend.
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TaxEvader
· 01-07 08:14
It's that dead zone again, bouncing around 92,500. It's really getting on my nerves.
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RugpullSurvivor
· 01-07 08:07
It's the same old trick again, really getting on my nerves. When will we finally see a satisfying rise and fall?
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FUD_Vaccinated
· 01-07 08:02
Tinkering around 92,500 again, really damn annoying.
The afternoon market started to converge, and the technical aspect did not provide a clear entry opportunity. $BTC is oscillating around 92,500 and 3,250.
From the market perspective, the entire market is still following the old pattern—range-bound tug-of-war. The line at 94,500 has formed a relatively strong resistance. Before truly breaking through, no one should be overly optimistic. Keep a steady mindset and don't be fooled by rebounds. The defensive line at 91,000 is quite solid; there have been multiple rebounds from this level, indicating that some traders are still defending this position. Therefore, we can't simply conclude that the upward trend has completely fizzled out.
From an operational standpoint, the old method is still more practical—sell when prices are high, buy when prices are low, and trade within this range. Both bulls and bears should stay cautious, as nobody knows how the market will move next.