2026-01-07 10:21:26

Tonight's market may be the calm before the storm, or it may hide traps—only those who know how to wield a knife can survive in such times. When you stare into the abyss, the abyss also stares back at you.

As of this evening's analysis, Bitcoin has been oscillating between 92,800 and 92,500. The resistance level above is around 94,500-94,800, which was blocked yesterday and failed to break through this false resistance, then directly dropped to around 91,500.

The key point is that after Bitcoin dropped to 91,221, it quickly rebounded, and this level has now become a short-term support threshold. It was not effectively broken downward, indicating that there are indeed buyers stepping in below. The current price is above the lower band of the Bollinger Bands, which itself provides a stop-loss reference for the bulls.

Interestingly, trading volume has recently been shrinking, which is completely different from the previous phase of volume expansion and decline. Selling pressure has obviously weakened, and the downward momentum is not as fierce. If a volume-driven rally occurs, and the rebound trend is officially initiated, that would be a signal to add positions.

**How to operate?** Consider going long in the 91,300-91,600 range, targeting 93,500. If the price breaks through, aim for 94,000-94,500. (Entering at the current price is also fine.)

Once it falls below 90,500, the bulls will have to admit that the situation has exceeded expectations.

BTC0,25%

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BearMarketNoodler

· 01-09 20:35

91221 has indeed claimed the lives of quite a few people, but the real knife hasn't been pulled out yet.

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InfraVibes

· 01-09 15:15

91221 this hurdle really held, my brother's intuition was right --- It's that phrase "Only those who can use a knife can survive," which always sounds like a story... but it's actually gambling --- Is shrinking trading volume a good sign? I feel like this is the calm before the storm before a sharp decline --- Entering at the current price takes real courage, I’ll wait until it breaks 92 before acting --- The abyss is staring at me, and I’m watching 90500, just see who blinks first --- Using the lower band of Bollinger Bands as a stop-loss, I’ve memorized this trick --- What if a rug pull happens? Entering long at 91300 and it’s all over? --- Volume increase on the rise = a signal to add positions, this logic is clear, just waiting to see --- Is it really that difficult to break 94500? It was already tested once yesterday --- Shrinking trading volume with longs taking over indicates there are still believers in this rebound

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AirdropF5Bro

· 01-07 10:51

The abyss is staring at me, and I am also staring at my stop-loss order. This wave is really a test of nerve. If this iron gate at 91221 gets smashed through, I’ll admit defeat. If you don’t have the guts, don’t try to tough it out. The shrinking trading volume is actually brewing the next wave—either up or down. Anyway, I’m tired of the quiet money game. Entering at the current price is a bit brave; better wait for a pullback to 91300 before jumping in, just to be safe. The biggest test in times like these is mindset, not technique. Let’s see who won’t be scared out.

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MoneyBurner

· 01-07 10:33

91221 this iron gate really held up, I bet this rebound can go up

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GasFeeCrier

· 01-07 10:25

91221, there's definitely some support at this bottom, it feels like it's paving the way for a subsequent rebound.

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StablecoinSkeptic

· 01-07 10:24

91221 That iron gate indeed can hold, but I still don't believe this rebound can go far. When trading volume shrinks like this, it's often a sign of accumulating strength to break into a deeper well. Once the 90500 level is broken, the game is really over. --- A surge with volume is the real signal. I don't quite understand the direction of this shrinking market right now, so it's better to wait a bit longer. --- The abyss is staring at me, and I'm staring at 91221. Whoever blinks first loses. --- That false resistance at 94800 has now become my target, but I need to see 93500 stabilize first, or it’s all just虚的. --- Honestly, during times like this, holding coins must be more uncomfortable than going long, right? --- Entering at 91300 sounds good, but I always feel like someone is waiting below to give us a blow. --- If trading volume doesn't increase, the rebound is also虚. Watching the show is much safer than following the trend. --- Weakening downward momentum ≠ a rebound is coming. Don’t let "not so fierce" fool your principal.

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