2026-01-08 02:29:29

Bitcoin has dropped over 4100 points from its high. This correction is actually testing the support strength around 90,000. As long as this level is not broken, the decline is a healthy correction. At this stage, avoid rushing to short the market; once the support level stabilizes, there will be a rebound opportunity.

Key points: The price was already a warning to take profits on long positions at 94,000. Now it has fallen to 91,000, showing a significant contrast. The previous consolidation range between 90,000 and 91,000 has a clear support structure, so consider short-term long positions here. As long as the 90,000 level is not broken, there should be a rebound wave.

BTC0.02%

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.

22 Likes

Reward
22
10
Repost
Share

Comment

0/400

ProofOfNothing

· 8h ago

If 90,000 can't be broken, there is indeed still a chance. I'm just worried that once it falls below, it will directly take the elevator down for free.

View OriginalReply0

AirdropHustler

· 22h ago

If 90,000 can't be broken, just hold steady; a rebound is definitely coming. This drop was expected long ago; 94,000 was the point to sell. How is the support level? Are there signs of a rebound? Those chasing short positions are fools; waiting for a rebound is the right strategy. Around 91,000, there are repeated fluctuations; a short-term buying opportunity is coming. If 90,000 can't be broken, I refuse to believe it.

View OriginalReply0

GasFeeCrier

· 01-08 07:01

If 90,000 can't be broken, there's still hope; it all depends on whether we can rebound in the next couple of days. A drop of 4,100 points is indeed frightening, but I think the support level mentioned by the author makes sense. When it was at 94,000, I really didn't want to take profits, now I regret it to death. The short-term buying opportunity is indeed there, but I just don't dare to act. If the support breaks, it will explode directly; this level is too critical.

View OriginalReply0

SolidityNewbie

· 01-08 02:59

Is the 90,000 line really that solid? Feels like it's always said the same thing every time --- Those who are short should reflect. Don't make reckless moves if the support hasn't broken --- Here we go again. Every time they say the support level will hold and then rebound, but what actually happens? --- 94 to 91 is only four thousand points? I see other opinions that are different --- Short-term long positions can be considered, but I still want to wait and see, observe a bit more --- This drop indeed looks like a test, but the profit-taking reminder came too late --- Breaking 90,000 is the key. Whatever is said now is pointless --- I don't quite understand the support structure, but I feel there is still some risk

View OriginalReply0

SchrodingerWallet

· 01-08 02:58

Is the 90,000 line really that solid? If it's broken, I'll just liquidate everything.

View OriginalReply0

ZkProofPudding

· 01-08 02:57

Breaking 90,000 is the key; if it breaks, I'll admit defeat. If not, I'll wait for a rebound.

View OriginalReply0

ForkItAll

· 01-08 02:54

The 90,000 line is really crucial. If it breaks, it's game over. --- Here we go again testing support. How many times have I heard this rhetoric and still not get tired? --- Is the current 94,000 take-profit level hilarious? Only when it drops is it a real opportunity. --- Short-term longs can be tried, but I'm just worried it will turn into a tool for getting cut. --- Once the support level stabilizes, I’ll believe you. Right now, you're just talking nonsense. --- Are you afraid of a drop of over 4,100 points? Anyway, I’m already numb. --- This wave only worth watching if it truly rebounds. Just talking about it is a bit painful. --- Holding the 90,000 line firmly before discussing a rebound. Right now, it’s all just empty talk.

View OriginalReply0

SchrodingerAirdrop

· 01-08 02:54

Is breaking 90000 the key? If it holds steady, there's indeed room for a rebound. --- Again testing support. I've heard this kind of statement too many times haha. --- I'm optimistic about short-term buying opportunities, but the premise is to really hold above 90000. --- The 4100-point decline isn't really a big deal; the oscillation range is definitely worth paying attention to. --- Profit-taking reminders are timely; otherwise, we've already lost quite a bit now. --- If the rebound starts, I'll buy the dip. For now, I'm still observing. --- Whether the support strength is enough is obvious—it's all about whether we can hold this line. --- I agree with not chasing short positions. Entering the market now is a bit risky.

View OriginalReply0

ForkMaster

· 01-08 02:47

Whether the 90,000 break happens or not depends on whether institutions care. I took profits early, now just waiting for a rebound to scoop up bargains.

View OriginalReply0

AirdropHunter007

· 01-08 02:39

90000, this key level must hold, or else the defenses will break Waiting for the rebound, the short-term buying opportunity should still be there Honestly, a 4100-point drop looks scary, but it's just a shakeout Not chasing the short is the right move; entering now is actually risky As long as support holds steady, it will bounce back; let's see how much this wave can rebound

View OriginalReply0