Why has Bitcoin been unable to break through the 90k barrier for so long? How strong is the market pressure?



From another perspective, can Zcash truly serve as a leading indicator for the market? Based on on-chain data and trading volume, this cryptocurrency's performance is indeed noteworthy.

Speaking of which, are we really facing a significant correction? The speed at which market sentiment shifts from greed to fear can sometimes be so fast that it catches people off guard. Honestly, it's currently difficult to determine the next direction—technical signals are unclear, and the fundamentals also carry uncertainties.

A new year, new atmosphere, but the market's script is still being rewritten.
BTC0,53%
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MoonMathMagicvip
· 9h ago
90k this threshold is really stuck, it feels like the main players are repeatedly shaking out here. As for Zcash... don't overtrust it as a leading indicator, good-looking data doesn't necessarily mean anything. Greed to fear can really happen in an instant; yesterday we were bragging, and today we're scared away haha. Both technical and fundamental aspects are unclear, this is when the most testing of patience occurs. The new year indeed brings new atmosphere, but I bet this wave of correction won't escape.
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PerennialLeekvip
· 9h ago
90k, this threshold really makes people anxious; it feels like the bulls are losing momentum. As for Zcash, to be honest, I haven't paid much attention, but on-chain data does reveal some clues. I'm really a bit confused now; the shift from greed to fear is happening too quickly, and I can't keep up. Both technical and fundamental aspects can't provide clear answers, so it's quite helpless. Let's wait and see how the market writes this script; anyway, a new pit in the new year.
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MoonRocketmanvip
· 9h ago
90K is the key resistance level, RSI has already hit the top, brother, fuel supply is insufficient --- Zcash on-chain data surges, can this signal become a compass for the launch window? Need to keep observing --- Market sentiment has shifted from greed to fear at a speed like an out-of-control rocket. Without a clear trajectory from technicals, it's even harder to judge --- The Bollinger Bands are tightening, a correction is inevitable. The question is whether this pullback is a refuel or a fall? --- A new year, a new script, but BTC is still orbiting close to Earth. Let's wait for the signal to break out of escape velocity
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PositionPhobiavip
· 9h ago
90k is really difficult, with so much capital in the market, it still can't go in Zcash? Not really paying attention, feels like the topic isn't popular enough Right now, it's really uncertain, greed to fear can happen in an instant The technicals are a mess, no one can predict what will happen next Since the New Year, the market hasn't given me a sense of security, still waiting
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