Yesterday's Bitcoin movement was quite interesting. After spiking to 93,815 in the morning, it started to weaken, and the bears pushed the price down in one go. The lowest point was 90,634 in the early hours, then it rebounded a bit, now stuck around 91,300.
From the four-hour candlestick chart, the Bollinger Bands have formed a standard downward channel, with the price moving almost along the lower band. Several rebounds were strongly suppressed by the bears, showing no real strength. All moving averages are currently clustered at low levels, indicating weak signs of recovery. Most importantly, the MACD has already crossed downward, signaling a clear bearish trend.
In the short term, the market is entirely dominated by the bears.
Regarding trading strategy—consider shorting around the 92,000 level, with targets in the 90,500-90,000 range for take profit. The key is to follow the trend and avoid trying to catch the bottom blindly. Keep a close eye on whether key resistance levels can be effectively broken.
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SchrödingersNode
· 7h ago
It's another bearish death cross, always the same excuse. Why haven't I fully bought in yet?
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Blockchainiac
· 7h ago
Another drop? Bro, can you get this bearish signal done with once? Every day it's a death cross, death cross.
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DEXRobinHood
· 16h ago
Another short-selling drama, going long on 92,000 BTC is indeed a solid move.
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GasFeeCrier
· 01-09 12:13
Another one going short? I wonder if this breakdown can hold until the weekend...
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NeverPresent
· 01-08 02:30
92,000 short position? I think it depends on whether the breakout has occurred or not. Don't be too anxious.
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ForumMiningMaster
· 01-08 02:13
Well, with such fierce bears, I think trying to short at 92,000 is worth a shot.
And they're still talking about blindly catching the bottom; I've already been burned by that before, haha.
Selling at 92,000 would let me sleep well.
I'm just worried about breaking below support but failing to rebound.
Seeing the MACD death cross still makes me a bit hesitant.
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0xLuckbox
· 01-08 02:08
They're dumping again; I knew it wouldn't be that smooth.
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TokenVelocity
· 01-08 02:06
It's the same old bearish trick again, it's getting boring just to watch.
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TommyTeacher1
· 01-08 02:05
Still crouching at the bottom? This time, you really need to wait for the breakout confirmation before taking action.
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TheShibaWhisperer
· 01-08 02:01
It's the same old bearish grind, I'm waiting with a short position at 92,000.
#2026年比特币价格展望 BTC short-term technical outlook?
Yesterday's Bitcoin movement was quite interesting. After spiking to 93,815 in the morning, it started to weaken, and the bears pushed the price down in one go. The lowest point was 90,634 in the early hours, then it rebounded a bit, now stuck around 91,300.
From the four-hour candlestick chart, the Bollinger Bands have formed a standard downward channel, with the price moving almost along the lower band. Several rebounds were strongly suppressed by the bears, showing no real strength. All moving averages are currently clustered at low levels, indicating weak signs of recovery. Most importantly, the MACD has already crossed downward, signaling a clear bearish trend.
In the short term, the market is entirely dominated by the bears.
Regarding trading strategy—consider shorting around the 92,000 level, with targets in the 90,500-90,000 range for take profit. The key is to follow the trend and avoid trying to catch the bottom blindly. Keep a close eye on whether key resistance levels can be effectively broken.