【Evening Technical Briefing】



Bitcoin's recent technical features are worth paying attention to. On the four-hour chart, the bearish momentum is pushing towards the lower band, and this wave of bearish strength has already reached a relative peak. Looking at the hourly chart, the oscillation continues downward, and the long positions from earlier today have not been able to effectively rebound, indicating that resistance above is indeed present.

Currently, the 89,000 support level has become a key point—holding here keeps the bulls alive, while breaking below would mean looking for the next support.

**Trading Strategy Reference:**

Thursday evening's opportunity is to short in the range of 91,600 to 90,800, with targets around 89,000 to 88,500, taking profits in stages. The overall rhythm is to go short first and then go long; managing risk properly allows you to benefit from this wave of market movement.

The biggest risk in trading is falling behind the rhythm. Finding the right direction and timing makes the rest straightforward.
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GasFeeTherapistvip
· 10h ago
89000 has been broken, but we still need to find support. This wave of bears is indeed fierce.
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Liquidated_Larryvip
· 01-08 14:59
Once 89,000 breaks, it's over. We really have to gamble on this support.
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LiquidatedNotStirredvip
· 01-08 14:56
If 89,000 breaks, it really gets scary, but since the short position peak has been reached, it feels like a rebound is coming.
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MeaninglessGweivip
· 01-08 14:49
If 89,000 doesn't hold, then we'll look at 88,000. The bears are indeed a bit fierce.
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ZkProofPuddingvip
· 01-08 14:44
Whether this critical level at 89,000 breaks or not feels like the real test.
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GasFeeSurvivorvip
· 01-08 14:43
We really need to hold this 89,000 level; if it's broken, we all have to run.
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LayerZeroHerovip
· 01-08 14:33
Whether 89,000 breaks or not is a technical validation point. In actual testing, support levels like this often see repeated tug-of-war... The pattern of first emptying and then increasing is correct, but risk control is truly of utmost importance.
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MysteryBoxOpenervip
· 01-08 14:30
Is the 89,000 level really going to be broken? It seems like the bears are overextending.
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