After experiencing a significant correction of nearly 3000 points, Bitcoin has now entered a critical period of consolidation. Both bulls and bears are temporarily locked in a tug-of-war, but from the details of the market, the story is still ongoing.
The most important level to watch is the 90500 support line. Every time the price retraces to this level, the bulls quickly step in to counterattack, driving a rebound and recovery. This is not a coincidence once or twice, but a repeatedly validated solid support. Although the current pattern remains volatile, the key point is—each decline has not been effectively broken through, and instead, each pullback has expanded the rebound space. What does this indicate? The bulls are still here, just waiting for an opportunity.
Based on the previous oscillating upward trend, there is indeed inherent momentum for a short-term rebound in the market. Therefore, the trading strategy can be arranged as follows: focus on long positions during the initial phase, capturing the rebound rhythm; once the rebound momentum gradually diminishes and hits a key resistance level, then strategically set up short positions. This approach allows you to seize rebound opportunities at support levels and avoid being caught in a trap during consolidation, achieving more stable swing gains.
Specifically, for numbers: Bitcoin can be bought in the 91700-91500 range with targets around 93000; Ethereum can be bought in the 3120-3100 range with targets near 3200. During volatile times, profits are made by following this "buy the rebound first, then buy the pullback" rhythm.
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RugResistant
· 01-10 20:06
Is the 90,500 level really that tough? It seems like the bulls are just holding on tightly.
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BlockchainWorker
· 01-10 07:09
The 90,500 level is quite significant. The bulls defending the market so strongly indicate they are truly confident.
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TokenCreatorOP
· 01-07 23:50
90500, this threshold, really reveals something. The bulls haven't dispersed; they're just holding back a big move.
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ReverseTradingGuru
· 01-07 23:50
Is 90500 really that solid? I feel like every time I hear this, but it still gets broken through in the end.
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SerumSquirter
· 01-07 23:47
90500 this support level is really solid, the bulls will just hold here and not let go.
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gaslight_gasfeez
· 01-07 23:44
Is the 90,500 level really that tough? It feels like every time I want to break through, I can't, and the bulls are holding on fiercely here.
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GoldDiggerDuck
· 01-07 23:28
90500 is really an unbreakable line; it always holds strong. The bulls are truly still alive.
After experiencing a significant correction of nearly 3000 points, Bitcoin has now entered a critical period of consolidation. Both bulls and bears are temporarily locked in a tug-of-war, but from the details of the market, the story is still ongoing.
The most important level to watch is the 90500 support line. Every time the price retraces to this level, the bulls quickly step in to counterattack, driving a rebound and recovery. This is not a coincidence once or twice, but a repeatedly validated solid support. Although the current pattern remains volatile, the key point is—each decline has not been effectively broken through, and instead, each pullback has expanded the rebound space. What does this indicate? The bulls are still here, just waiting for an opportunity.
Based on the previous oscillating upward trend, there is indeed inherent momentum for a short-term rebound in the market. Therefore, the trading strategy can be arranged as follows: focus on long positions during the initial phase, capturing the rebound rhythm; once the rebound momentum gradually diminishes and hits a key resistance level, then strategically set up short positions. This approach allows you to seize rebound opportunities at support levels and avoid being caught in a trap during consolidation, achieving more stable swing gains.
Specifically, for numbers: Bitcoin can be bought in the 91700-91500 range with targets around 93000; Ethereum can be bought in the 3120-3100 range with targets near 3200. During volatile times, profits are made by following this "buy the rebound first, then buy the pullback" rhythm.