2026-01-08 01:21:45

The future trend of Bitcoin's market movement still depends on whether it can create a new low with a spike. Once it breaks below this level, market sentiment is likely to turn bearish. Currently, the market is oscillating within the Fibonacci 0.382 and 0.5 golden ratio zones, and these two lines are causing intense tug-of-war between bulls and bears.

From the volume perspective, trading volume is relatively decent. More importantly, the MACD indicator—currently above the zero line—is showing an increasing probability of forming a death cross, which is usually a sign of technical weakness.

Based on this combination, if you still have open short positions, it might be wise to hold onto them. Technically, breaking through the 9,000 mark shouldn't be a big problem, so the key is to observe whether this level can hold steady afterward.

BTC0,04%

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MEVVictimAlliance

· 01-09 21:00

Still looking at these Fibonacci mystics, every time a death cross appears, they say it's weakening. It's always the same explanation. No problem breaking 9? You're speaking too confidently, bro.

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SellTheBounce

· 01-09 04:24

Breaking new lows is just the beginning; the true bottom is always somewhere you can't imagine. --- Talking about Fibonacci, MACD death crosses again... How many people have been fooled by these things? I've been through it myself. When there's a rebound, sell. Don't think about holding steady at some round number. --- Still holding short positions? Ha, I think most people will end up being shaken out by the rebound and then chasing the high. There are always lower points, be patient and wait. --- Breaking 9K isn't difficult; what's hard is that after breaking it, the market will turn around and move upward. The bagholders are always the most active. --- I've heard this kind of volume talk too many times. Every time it's said, the market drops even deeper. Human nature, huh. --- MACD death cross probability is rising... Does that mean it might not actually cross? Don't make a judgment while still exploring.

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BTCWaveRider

· 01-08 01:48

The death cross is coming, keep holding the short positions. Breaking below 9 this time shouldn't be much of a surprise.

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FOMOSapien

· 01-08 01:41

Talking about Fibonacci again. Honestly, this theory has been overused for a long time. I'm just watching the death cross part. If the MACD really forms a death cross, should we consider bottom fishing?

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rugpull_ptsd

· 01-08 01:23

It's Fibonacci and MACD again, feels like I'm playing mahjong every day. --- That breaking of 9... can it really hold steady? I remain skeptical. --- The probability of a death cross is rising... we hear this every time, and then what? --- Continue holding short positions? So I have to bet that this wave will really crash down? --- With volume support, it makes sense, but why does it feel so cold and deserted? --- Breaking the new low with a spike is the real key, everything else is just floating clouds. --- Above the zero axis, you should be running already. What are you still waiting for?

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