2026-01-08 05:20:25

Good morning everyone, this recent decline is actually not surprising. I mentioned earlier that the KDJ was about to turn downward, and after last night's drop, a death cross has now formed. Looking back at previous key points—Monday night I advised short positions at 945, and yesterday noon I already saw signals of the KDJ turning down, prompting everyone to go short at the current price. Looking back, these entries were all made from the "fish head" position, riding the trend from the start, never relying on hindsight.

This wave of rally just hit the top of the weekly horizontal trading zone and started to reverse. Next, focus on the 905 and 893 support levels. As long as 893 holds, it remains a normal correction pattern, and after some consolidation near this area, it can continue to rise. But if 893 breaks, the situation changes; it could then dip further down to the weekly horizontal bottom zone of 868-85, which would be a good entry point for long positions.

Whether today's rebound can gain momentum depends on how the white line performs. If it closes above the white line, then the 1-2 hour timeframe will enter a rebound phase. If it fails to close above, it indicates weak rebound strength, and we should look for a retest of the previous low—if it holds, it will consolidate sideways; if broken, the decline continues. The following support levels can be considered for small-scale bottom rebounds.

Specifically, today Bitcoin needs to stay above 91670. Only if the 1-2 hour chart closes above this level can a small rebound be considered underway. The resistance zones above are around 93000, 94750, and 96450. Conversely, if it cannot close above 91670 today, it means the small rebound lacks strength, and during the decline, key support levels to watch are around 90540 and 89.

BTC3,39%

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AirdropHunter

· 01-11 04:55

Well, this time I finally didn't get cut, I previously got caught long on your advice and took a loss. --- The death cross has appeared, still waiting to see how the white line moves before making a decision. --- If the 891 defense line is broken, it really has to go further down, feeling a bit anxious. --- Every time you say it's not a big deal beforehand, but if I get proven wrong this time, I will admit defeat. --- Bitcoin is stuck around 91670, it's a bit awkward. If it can't go up, I have to keep pushing down. --- For small-scale rebound trades, start small and cautious. Wait for the bottom to be confirmed before acting. --- Wake up, everyone. Don't be fooled by the rebound. The support level is the real opportunity.

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shadowy_supercoder

· 01-11 00:39

Here comes the armchair strategist again, really "never" happened before haha Breaking 893 means it's over, this wave is really risky 91670 must hold firmly, or else it will keep falling Daily white line, KDJ, death cross, I'm already numb listening, guys If it can't go up and rebounds, it's just a joke. I bet 5 bucks today will still test the bottom Is 893 really that tough? I've said this many times I've already seen that the rebound is weak, just waiting to bottom out Long positions are now too crazy, let's wait and see when the best time will be

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FUDwatcher

· 01-09 04:51

Talking all morning and then telling stories, really impressive.

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MetaverseHomeless

· 01-08 05:50

Playing the armchair strategist again? Is it really that accurate every time?

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Layer2Observer

· 01-08 05:47

Well... Following this logical chain, the data points do match up, but we need to be careful with retrospective statements like "eating meat from the fish head," as everything looks right in hindsight. Technically speaking, the 893 line is indeed critical. Whether it breaks or not significantly influences the direction, so further observation of volume is needed. Today, 91670 must be watched closely. This is truly a watershed moment; it feels like there's too much reliance on a single candlestick position. The performance of the white line looks quite tense. If it doesn't move upward and continues to break down... the next few support levels could indeed be tested a bit. By the way, with predictions precise to the single digit, considering the many variables in the market... it's never wrong to be cautious.

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GateUser-e87b21ee

· 01-08 05:44

Here we go again with the armchair strategist's self-congratulatory scene. If 91670 can't hold, we have to keep pushing forward.

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NFTragedy

· 01-08 05:29

Here comes the after-the-fact armchair strategist again. I always find these self-praising analyses the most annoying. You're quite right, but the key still depends on whether we can break above 91,670 today. If the 893 level really breaks, I guess we might have to continue exploring downward. I'm exhausted, constantly watching these numbers every day. When will it rebound? If it can't break above the white line, then it's probably not looking good. This wave of decline is indeed a bit fierce. It's easy to say, but when it comes to critical moments, luck still plays a significant role.

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LiquidatedThrice