Bitcoin has been repeatedly testing the key resistance level of 94,000-95,000 in recent days. Although there were many positive news yesterday, it still closed with a large bearish candle, indicating that the short-term breakout opportunity has not yet arrived. From the candlestick pattern, it mainly remains within the 85,000-95,000 range, with no clear direction.
Ethereum's long position entered at 3201 yesterday was not hit by the stop-loss. Today's plan is to close the position for break-even once it rebounds upward, to avoid risk first.
The subsequent strategy is to continue waiting until Bitcoin returns near 94,000 before considering short entries, with a stop-loss set at 96,100. The initial target levels are 90,000 and 86,000 support levels. Based on market sentiment, it still requires more patience and observation in the short term, and there is no rush to chase high.
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AirdropHunter007
· 01-11 01:41
94K has been tested repeatedly for so long, indicating that the bulls still lack strength. It seems like either a breakout or a downward plunge.
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ImpermanentPhobia
· 01-10 19:24
The 94,000 level really frustrates me. Every time I almost break through but then pull back, it feels like it's playing with me.
Wait, break even and close? I understand this mindset, but it's a bit timid.
This wave of market movement is a test of patience. I'm also waiting for an opportunity to come again.
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NFTHoarder
· 01-09 19:53
Reaching the 94,000 level is really annoying; repeated testing just won't break through, and it feels like the bulls lack strength.
Wait for the pullback to consider short positions; chasing highs now is just giving away money.
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PumpingCroissant
· 01-08 03:50
Still stuck at 94,000. This time, it probably won't really break, right?
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RugPullAlertBot
· 01-08 03:50
94000 has been tested repeatedly so many times, but still no breakthrough. It's a bit frustrating.
This big bearish candlestick is really impressive; all the good news was for nothing.
Cutting losses to break even is the right move; don't be greedy, the risk is high.
Wait for a pullback to short again. No rush, be patient.
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ProposalDetective
· 01-08 03:50
Still lingering around 94,000. The positive news can't move the market, so I really need to be patient and wait.
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GasGuru
· 01-08 03:37
94,000 is back again? I just want to know when it will truly break through. Who can stand this daily messing around?
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GateUser-6bc33122
· 01-08 03:22
94000 can't be broken again, this resistance level is really stuck and won't move.
Bitcoin has been repeatedly testing the key resistance level of 94,000-95,000 in recent days. Although there were many positive news yesterday, it still closed with a large bearish candle, indicating that the short-term breakout opportunity has not yet arrived. From the candlestick pattern, it mainly remains within the 85,000-95,000 range, with no clear direction.
Ethereum's long position entered at 3201 yesterday was not hit by the stop-loss. Today's plan is to close the position for break-even once it rebounds upward, to avoid risk first.
The subsequent strategy is to continue waiting until Bitcoin returns near 94,000 before considering short entries, with a stop-loss set at 96,100. The initial target levels are 90,000 and 86,000 support levels. Based on market sentiment, it still requires more patience and observation in the short term, and there is no rush to chase high.