In the short term, the price shows signs of a rebound after finding support at the 90,000 level. The MACD green bars are gradually narrowing, indicating that the bearish momentum is weakening, which gives the bulls a chance to breathe. The 90,000 figure is not arbitrary; it is an important psychological support level and is close to the medium- and long-term moving averages, providing a certain foundation for support.
However, the problem is that the rebound strength is limited. The previous range of 92,000 to 92,300 has already evolved into short-term resistance. Coupled with the pressure from short-term moving averages, the rebound space is squeezed tightly. Today's trading approach doesn't need to be too aggressive; treat it as a small rebound. The key is to keep an eye on the performance within the resistance zone of 92,000 to 92,300.
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DaisyUnicorn
· 6h ago
The little flower of 90,000 has finally stabilized, and the bearish energy is gradually fading. The bulls can secretly take a breath... But don't get too excited, the wall at 92,000-92,300 is still quite solid. The rebound space is squeezed tightly. Really, let's just see it as a small wave today.
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LiquidityNinja
· 7h ago
Holding at 90,000 is a good sign, but is it really that hard to push up to 92,000? Feels like I'm trapped and can't get out.
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NftDeepBreather
· 10h ago
The 90,000 level is really solid, but it's strange if we can break through 92,000. A small rebound is fine, don't get trapped.
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DegenTherapist
· 01-08 04:01
90,000 is just a paper tiger; the real test is still at 92,000. Will it get crushed again then...
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BearMarketNoodler
· 01-08 04:00
90,000 held strong, but the 92,000 level above isn't much either. Let's just consider this rebound as a bowl of noodles.
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PaperHandsCriminal
· 01-08 03:57
90,000 saved again, but why does it still feel so suffocating? The ceiling at 92,000-92,300 is no joke...
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RugPullSurvivor
· 01-08 03:55
Hitting the 90,000 mark is indeed stubborn, but with such a sluggish rebound, I'm still a bit sleepy.
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UnluckyValidator
· 01-08 03:51
That 90,000 level really held, but from 92,000 to 92,300 it feels like a ceiling, and the rebound space is tightly suppressed.
In the short term, the price shows signs of a rebound after finding support at the 90,000 level. The MACD green bars are gradually narrowing, indicating that the bearish momentum is weakening, which gives the bulls a chance to breathe. The 90,000 figure is not arbitrary; it is an important psychological support level and is close to the medium- and long-term moving averages, providing a certain foundation for support.
However, the problem is that the rebound strength is limited. The previous range of 92,000 to 92,300 has already evolved into short-term resistance. Coupled with the pressure from short-term moving averages, the rebound space is squeezed tightly. Today's trading approach doesn't need to be too aggressive; treat it as a small rebound. The key is to keep an eye on the performance within the resistance zone of 92,000 to 92,300.