2026-01-02 17:25:15

【BTC Technical Analysis】

Last week, investors who entered short positions at 93,000 experienced a two-week correction, followed by a rebound yesterday. Whether it can hold steady is the key—if the daily close tomorrow can stay above 89,600, it indicates strong support at this level, and the MA30 moving average has also been clearly confirmed.

Once support is confirmed, the trend at the next market open warrants caution. The market is very likely to give a volume-driven bullish candle that pushes prices close to 93,000, but don’t rush to chase the high. Historical experience tells us that such rapid rebounds are often followed by a bearish candle, and many retail traders who chase longs at this point will face stop-loss pressure.

Overall, Bitcoin has recently shown typical oscillating characteristics—repeated attempts by bulls and bears, with trading volume shrinking in phases. It is recommended to pay attention to the performance of these key levels rather than simply following the trend blindly.

BTC1.82%

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notSatoshi1971

· 3h ago

Once again, it's the same old story of chasing the rebound and buying high. I'm really tired of it. --- If 89600 can't hold, I'll just clear my position. No more messing around. --- Confirm support at MA30? I think it's just confirming that I'm being cut, haha. --- I've seen many retail investors chase that one buy-in. This time, I still have to eat the loss. --- If the volume surges to around 93, I'll run. I don't believe history will repeat itself. --- Shrinking trading volume means the big players are accumulating. Understand? --- Basically, it's just repeated harvesting between 89600 and 93000. No one can escape. --- The key levels are set here. I'll be watching the show next week.

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GateUser-e51e87c7

· 3h ago

It's the same trick again, pull them in and then dump, retail investors are always left holding the bag.

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DegenWhisperer

· 3h ago

89600, can this barrier really hold? I think it's doubtful. --- Here comes the usual talk of a bearish decline with a downward candlestick... Why weren't you so accurate last year? --- A surge with a volume-increasing bullish candle reaching 93000, then a direct plunge. I've memorized this script. --- MA30 confirms support? Ha, let's talk about it next time. --- Instead of focusing on specific levels, it's better to focus on not losing more than you've already gained. --- Retail investors are the ones most pitifully caught by this "don't rush to chase highs" tactic. --- Oscillation is just an academic term for cutting leeks. --- Thinking of going long above 89600? Feels a bit overly optimistic. --- Shrinking trading volume, what's the point of analyzing? This is the easiest way to be deceived at such times.

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OvertimeSquid

· 3h ago

89600 this threshold is really quite challenging, don't tell me about MA30, I just want to know if it can really hold up The old trick of retail investors chasing highs is played out, every time it's like this cutting a wave, I've seen through it If this wave drops again, I'll completely lie flat and stop playing

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mev_me_maybe

· 3h ago

89600 still can't hold steady and still want to rebound, this wave of bulls is not working Retail investors are about to be cut again, it's always the same trick What’s the point of oscillation? It’s just funds shaking out What’s the use of key levels? Basically, it’s gambling If this wave doesn’t break new lows, I’ll eat shit

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