【BTC at a Critical Moment: Miss it Now, and You'll Have to Chase High Later】
The performance of Bitcoin this afternoon was indeed restrained, but this very suppression is sending a signal — energy is accumulating. My stance is very clear: bullish. And not the vague kind of bullish.
From a technical perspective, the RSI reading is 45.7, which is in a quite healthy range. What does this indicate? Market sentiment is far from overly optimistic, and there is still plenty of room for upward movement to be unleashed. Looking at it from another angle, it’s like a spring that hasn’t been compressed enough — the greater the pressure, the stronger the rebound.
The trend is very clear. During this period, BTC has been consolidating in a sideways pattern, typical of a buildup phase. There are three key levels to watch now:
Support level is around $89,820.92. Holding this, the probability of an upward move increases significantly. Resistance is at $93,487.08, but the real watershed is at $93,028.81 — once broken, the trend will undergo a qualitative change.
My trading approach isn’t complicated. I will keep an eye on this level; once the price effectively breaks through $93,028.81, it’s a signal to add positions. After all, the opportunity is there, and we should seize it. But risk management is equally important — if the price unfortunately drops below $89,820.92, stop-loss and exit to protect capital are the priorities. The market always holds the final say; we can only follow the trend, not fight against it.
Overall, this is a pretty good window for positioning. Waiting a bit longer might mean missing the chance to chase higher. What do you all think about this situation?
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PumpBeforeRug
· 01-10 10:19
The spring isn't compressed enough, waiting for the rebound. Entering now won't result in a loss.
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ApyWhisperer
· 01-08 16:44
Accumulated pressure is an opportunity. Once the key level at 93K breaks, add to your position directly; otherwise, you'll end up chasing the high.
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FunGibleTom
· 01-07 13:27
Wait a minute, this wave is really pressing hard. I think it's about to snap.
View OriginalReply0
MEV_Whisperer
· 01-07 10:49
When the spring is compressed, it must rebound. This time, it's truly different.
View OriginalReply0
StakeTillRetire
· 01-07 10:42
The metaphor of the spring not being compressed tightly enough is brilliant; it feels like it's about to snap.
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LuckyBlindCat
· 01-07 10:36
The spring isn't compressed tightly enough, hearing this really gets me fired up. Let's wait and see if 93028.81 can really turn the tide.
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IntrovertMetaverse
· 01-07 10:36
No matter how tightly the spring is compressed, it depends on whether the market can support it. The 93K level is really hard to break through.
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MetaReckt
· 01-07 10:34
I've listened to the spring theory a hundred times, just afraid I won't hold on at that moment.
【BTC at a Critical Moment: Miss it Now, and You'll Have to Chase High Later】
The performance of Bitcoin this afternoon was indeed restrained, but this very suppression is sending a signal — energy is accumulating. My stance is very clear: bullish. And not the vague kind of bullish.
From a technical perspective, the RSI reading is 45.7, which is in a quite healthy range. What does this indicate? Market sentiment is far from overly optimistic, and there is still plenty of room for upward movement to be unleashed. Looking at it from another angle, it’s like a spring that hasn’t been compressed enough — the greater the pressure, the stronger the rebound.
The trend is very clear. During this period, BTC has been consolidating in a sideways pattern, typical of a buildup phase. There are three key levels to watch now:
Support level is around $89,820.92. Holding this, the probability of an upward move increases significantly. Resistance is at $93,487.08, but the real watershed is at $93,028.81 — once broken, the trend will undergo a qualitative change.
My trading approach isn’t complicated. I will keep an eye on this level; once the price effectively breaks through $93,028.81, it’s a signal to add positions. After all, the opportunity is there, and we should seize it. But risk management is equally important — if the price unfortunately drops below $89,820.92, stop-loss and exit to protect capital are the priorities. The market always holds the final say; we can only follow the trend, not fight against it.
Overall, this is a pretty good window for positioning. Waiting a bit longer might mean missing the chance to chase higher. What do you all think about this situation?