Market indecision often signals that a turning point is imminent. Currently, Bitcoin is oscillating around the midline of the 4-hour cycle. If the bulls truly have momentum, they should have already broken through decisively. But what is the reality? The double top resistance above is clearly strong, with an extremely solid formation that leaves little room for upward movement.
In this situation, the difficulty of going long increases. Once the midline is effectively broken, the probability of accelerated decline becomes quite high. Whether the 90,000 level can hold is uncertain, and it may not withstand the selling pressure. The next key point to watch is whether the price will test the support around 84,500.
The market trend is gradually becoming clear, and now it’s up to time to confirm it. The technical signals have been given, and the market will slowly verify whether this prediction is accurate.
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StakeOrRegret
· 11h ago
Stalemate is just waiting for a direction. If 90,000 can't hold, let's directly head to 84,500. Anyway, it will fall sooner or later.
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AirdropGrandpa
· 01-08 02:36
If 90,000 can't hold, we'll go straight to 8.45. Right now, this situation really depends on timing.
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BTCWaveRider
· 01-07 10:51
The double top resistance is so strong, the bulls should have broken through by now. If they are still hesitating, it indicates there’s no strength above.
Hmm, if 90,000 can't be broken, then see you at 84,500.
This crucial move depends on whether time will give us confirmation.
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digital_archaeologist
· 01-07 10:38
Damn, this top pressure is really intense. The bulls should have broken through already.
No way, do we have to see if 9000 can hold? Feels uncertain.
Breaking the middle band will directly head to 84500. Can't gamble on it now.
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NewDAOdreamer
· 01-07 10:30
With such strong double-top resistance, how can the bulls play? It feels like it's about to collapse.
Market indecision often signals that a turning point is imminent. Currently, Bitcoin is oscillating around the midline of the 4-hour cycle. If the bulls truly have momentum, they should have already broken through decisively. But what is the reality? The double top resistance above is clearly strong, with an extremely solid formation that leaves little room for upward movement.
In this situation, the difficulty of going long increases. Once the midline is effectively broken, the probability of accelerated decline becomes quite high. Whether the 90,000 level can hold is uncertain, and it may not withstand the selling pressure. The next key point to watch is whether the price will test the support around 84,500.
The market trend is gradually becoming clear, and now it’s up to time to confirm it. The technical signals have been given, and the market will slowly verify whether this prediction is accurate.