BTC's recent trend is indeed interesting. From a bullish perspective, after breaking through a key resistance level and repeatedly testing the 94K level, this usually indicates that upward momentum is still building. But bears are not without reason — the gap left from the previous decline has not yet been filled, and the 92K to 94K range has become a psychological battleground.
Technically, the price hasn't fully broken through the previous rebound high, and the lower boundary of the upward channel is also attracting short-sellers' attention. If a box pattern forms, it would be a typical sign of accumulation — with obvious resistance above and support below.
To put it simply, this is a stage where both bulls and bears have logical reasons. The key is whether it can hold above 94K and break through, or if it will fill the gap first. What do you think about the direction of this wave?
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OneBlockAtATime
· 10h ago
94K this level has been tested repeatedly, indicating that the main force is also hesitating.
The gap must be filled is an old topic, but this time it feels different.
Both bulls and bears have logic, but there's no logic at all—whether to break or fill.
If it can't hold steady at 94K and drops down, I'll accept it; anyway, I've lost more.
Consolidation within the range sounds quite professional, but in reality, it's just a gamble on the direction.
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MelonField
· 11h ago
94K this level is really holding tightly, feeling a bit frustrating
The gap isn't filled, so I can't feel at ease. Let's wait and see
Both bulls and bears make sense, no one should be too confident
Only if this wave truly breaks through will it count. It's too early to say anything now
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GasGuru
· 11h ago
94K this level is really being tested repeatedly, it feels like just doing the final confirmation action.
How to say, not filling the gap always feels uneasy, but if it really holds above 94K, then it’s a different story.
I understand the bearish logic too, just feel this rally is a bit rushed, need to make up for some recovery.
Playing guerrilla tactics within this range is the most annoying, guessing the wrong direction can really get trapped.
I still lean towards bullish, although there are risks, but the momentum still feels there, the key is the performance in the next one or two days.
I think the 92 to 94 range might be tested multiple times.
Breaks or filling the gap, just wait and see the market reaction, it’s too early to say now.
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OnchainDetectiveBing
· 11h ago
94K this threshold is really tough to crack, feels like both bulls and bears are waiting for signals
Not filling the gap makes me uneasy, but I also don't want to miss the rebound, so I'm conflicted
This wave, either push through the new high in one go or come back to fill the gap, the in-between state is the most annoying
It's easy to say, but in practice, it's still the old routine of stop-loss and take-profit
BTC's recent trend is indeed interesting. From a bullish perspective, after breaking through a key resistance level and repeatedly testing the 94K level, this usually indicates that upward momentum is still building. But bears are not without reason — the gap left from the previous decline has not yet been filled, and the 92K to 94K range has become a psychological battleground.
Technically, the price hasn't fully broken through the previous rebound high, and the lower boundary of the upward channel is also attracting short-sellers' attention. If a box pattern forms, it would be a typical sign of accumulation — with obvious resistance above and support below.
To put it simply, this is a stage where both bulls and bears have logical reasons. The key is whether it can hold above 94K and break through, or if it will fill the gap first. What do you think about the direction of this wave?