From the 4-hour chart, Bitcoin's downward momentum has recently slowed down gradually. Although there was a clear stepwise downtrend earlier, the key point is—it's now stabilizing near the support level at the lower boundary. This position is crucial, as the tug-of-war between bulls and bears here will directly determine the subsequent trend.
Currently, there are several noteworthy signals: in the short term, there are indeed some signs of a rebound, especially in the form of a slowdown near the support level. As long as BTC does not effectively break below this lower boundary, we can look for rebound opportunities around the support.
From a technical perspective, the short-term focus is on the 9.2K region. If this level can be broken through, the subsequent resistance zones above will become the new points of interest. Overall, the current phase is one of accumulation at a low level, so patience is needed while waiting for confirmation signals.
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ReverseTrendSister
· 01-08 19:32
Wait, is the support really holding? Why do I feel like it dropped again a few days ago
It's 9.2K again, every time at this level, will it break or not
How long have we been talking about accumulation at the low levels? Feels like it's been accumulating all along...
This time, it really won't be a false breakout again, I'm a bit scared of getting trapped
Lateral tug-of-war around the support, honestly, still don't know when it will move
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ArbitrageBot
· 01-08 17:19
As long as the support level isn't broken, there's still hope, but this accumulation phase is the most annoying. How long do we have to wait for a confirmation signal?
Let's talk after breaking 9.2K; anything before that is pointless.
It's support again, and it's a rebound, same routine every day... said the same last time.
Accumulating at low levels sounds good, but I'm afraid it will just keep accumulating and then go down again.
We agreed on stopping the decline, but it still feels like it's testing the bottom.
Has it really stabilized this time? I have a bit of doubt.
Looking at the support level, I always feel like it wants to break through and go down at any moment.
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SchrodingerWallet
· 01-08 16:51
Accumulating at low levels just means waiting for a dump. If it breaks through 9.2K, I'll go have a meal.
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GateUser-beba108d
· 01-08 16:50
The accumulation at the low level is indeed happening; it all depends on whether we can hold this line. Otherwise, we'll have to tell the story again.
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metaverse_hermit
· 01-08 16:47
Is it another buildup before a move? Why do I feel like BTC has been messing around there these past two days... If 9.2K can't be broken, it will really be embarrassing.
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As long as the support level holds, that's fine. The key is whether we can see a nice rebound.
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Talking about accumulation at low levels sounds nice, but honestly, it just means they haven't decided where to go yet.
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Waiting for signals every day, I'm exhausted... Is this really going to rise this time?
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If 9.2K can really break through, then I’ll trust your technical analysis.
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Feels like it's always the same story—support, resistance, accumulation... How many actually make money from this?
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Bull-bear tug-of-war? The real question is who has more say, and that’s the key.
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gas_fee_therapist
· 01-08 16:46
9.2K that level, feels like I might have to try several times again... I've heard the phrase "accumulating strength at a low level" quite a bit.
From the 4-hour chart, Bitcoin's downward momentum has recently slowed down gradually. Although there was a clear stepwise downtrend earlier, the key point is—it's now stabilizing near the support level at the lower boundary. This position is crucial, as the tug-of-war between bulls and bears here will directly determine the subsequent trend.
Currently, there are several noteworthy signals: in the short term, there are indeed some signs of a rebound, especially in the form of a slowdown near the support level. As long as BTC does not effectively break below this lower boundary, we can look for rebound opportunities around the support.
From a technical perspective, the short-term focus is on the 9.2K region. If this level can be broken through, the subsequent resistance zones above will become the new points of interest. Overall, the current phase is one of accumulation at a low level, so patience is needed while waiting for confirmation signals.