#数字资产动态追踪 Bitcoin's current market cycle is quite interesting. $BTC After dropping from 94000, it’s now fluctuating within the 93500-94000 range. To be honest, this isn’t a bad thing. When it broke through 92000 earlier, short-term profit-taking was inevitable. The current correction is just a normal technical confirmation process. Look at the support levels below; they are still intact, and the bullish pattern hasn’t been broken. This is a typical accumulation phase within an upward trend.
The real watershed now is at 92500. As long as the price can hold this level, the correction phase is basically over, and there’s still upward momentum ahead. A deeper line of defense is at 92000, which was a previous breakout point. If it can hold, then the upward structure starting from lower levels remains complete, leaving room for further gains. The market is digesting well at the moment, and sentiment is relatively stable. It all depends on how the European and American markets perform.
If the price can stabilize above 93000 again, $BTC there’s a high probability it will attempt to retest the previous high of 94000, or even open up new space. That would be the real confirmation of the trend. The current advice is not to rush; patiently wait for confirmation signals near key levels. Proper risk management must be in place, leaving room for potential breakouts. $ETH The logic is similar and also worth paying attention to.
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NotGonnaMakeIt
· 01-08 03:52
If I can't hold 92,500, I'll accept the loss. No mood to watch this kind of fluctuation.
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MechanicalMartel
· 01-08 01:10
If you can't hold 92,500, it's time to reflect. This wave of adjustment seems to be eroding the support below.
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MevSandwich
· 01-05 18:30
If I can't hold 92,500, I'll really panic. It feels like this market is a bit tug-of-war.
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AirdropCollector
· 01-05 18:30
If I can't hold 92,500, I'll cash out. I'm really tired of this wave.
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ZkSnarker
· 01-05 18:27
ngl this sideways action is basically just the market doing its homework before the next leg up, well technically speaking that's what the support holds are telling us anyway
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MidnightGenesis
· 01-05 18:06
On-chain data shows that this wave of correction is indeed within expectations. I monitored the 92,500 level all night, and it didn't break. The interesting part is that large funds are not panicking; instead, they are accumulating.
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SelfCustodyBro
· 01-05 18:02
Whether the 92,500 break is crucial or not, but I bet the European and American markets will take a hit again.
#数字资产动态追踪 Bitcoin's current market cycle is quite interesting. $BTC After dropping from 94000, it’s now fluctuating within the 93500-94000 range. To be honest, this isn’t a bad thing. When it broke through 92000 earlier, short-term profit-taking was inevitable. The current correction is just a normal technical confirmation process. Look at the support levels below; they are still intact, and the bullish pattern hasn’t been broken. This is a typical accumulation phase within an upward trend.
The real watershed now is at 92500. As long as the price can hold this level, the correction phase is basically over, and there’s still upward momentum ahead. A deeper line of defense is at 92000, which was a previous breakout point. If it can hold, then the upward structure starting from lower levels remains complete, leaving room for further gains. The market is digesting well at the moment, and sentiment is relatively stable. It all depends on how the European and American markets perform.
If the price can stabilize above 93000 again, $BTC there’s a high probability it will attempt to retest the previous high of 94000, or even open up new space. That would be the real confirmation of the trend. The current advice is not to rush; patiently wait for confirmation signals near key levels. Proper risk management must be in place, leaving room for potential breakouts. $ETH The logic is similar and also worth paying attention to.