2026-01-05 19:22:19

Recently studying Bitcoin's multi-cycle trend, I want to share my current views.

From the weekly chart, BTC is in a sideways range between 126100 and 74500, with no clear direction. The daily chart has already experienced a decline and is now also consolidating. The 4-hour timeframe is quite critical — after shifting from a downtrend to sideways movement, the resistance level is stuck at 94580.

The 30-minute and 5-minute charts show bullish characteristics, so there is still room for a short-term rebound. But this is a critical point.

The upcoming trading logic is very clear: either break above 94580 or fall back. If 94580 cannot hold steady, it may drop back into the 80600-94580 range, with a risk of further decline.

From a larger cycle perspective, the trend remains somewhat weak. The current price should be understood as a retracement rebound after a decline, with the technical Fibonacci retracement level (61.8%) around 97000. This level is indeed a key area to watch closely.

BTC0,51%

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DegenMcsleepless

· 01-08 08:21

94580 this critical level is really tightly held. If it can't break through, it will have to go back to 80600 to find the bottom. Damn, I have to re-strategize again.

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NftMetaversePainter

· 01-08 00:23

actually, the algorithmic geometry of btc's harmonic oscillation between those support levels... there's a generative beauty to how the golden ratio manifests at 97k, no? like, traditional traders miss the topological implications entirely

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AirdropBlackHole

· 01-05 19:46

94580 this level really can't hold, it feels like a death crossroads Whether this rebound can hold at 97000 depends entirely on the bulls' fate After such a long consolidation, a direction must be chosen sooner or later, it all depends on who surrenders first Gotta keep an eye on the market again, so annoying with this stalemate行情 Is the 61.8 Fibonacci retracement theory effective, or does it still depend on the funding situation?

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LiquidityWitch

· 01-05 19:45

If this critical level at 94580 really can't hold, it will be disastrous; it seems like it will continue to fall.

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0xSleepDeprived

· 01-05 19:38

94580 this critical level really needs to be watched closely, otherwise you'll get trapped again --- Feels like we still need a breakout, right now I really don't dare to move during this sideways consolidation --- Golden ratio 97000... sounds pretty risky, gotta be cautious --- It's another relay rebound, I'm tired of hearing this routine --- Short-term bullish signs look good, but the long-term weak trend is indeed troublesome --- I'm more optimistic about the support at 80600, just rebound to that level is enough --- It's always such a critical point, and it ends up reversing, I can only say haha --- If 94580 can't be broken, it's over? Feels not that absolute --- By the way, how long will this sideways consolidation last, so annoying --- The 4-hour chart is really in a tricky position here

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Ramen_Until_Rich

· 01-05 19:31

94580 this level is really critical; if we can't break through, it will be bearish. Speaking of which, it's time to stay up late watching the market again... Sideways movement is really the hardest to endure. Give us some guidance. That 97000 split level feels like it will trap quite a few people. If we can't break through the resistance level, let's just wait for a pullback. Anyway, that's how the crypto market is.

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InfraVibes

· 01-05 19:31

94580 this position is really crucial, if it can't break through, you'll have to prepare to cut losses Wait, is the golden ratio 97000? Feels like this rebound will at most reach this point It's been consolidating for so long, it's about time to choose a direction, so frustrating The 61.8 level really needs to be watched closely, if it breaks, you should run Honestly, this trend is indeed weak right now, wait for a breakdown before acting Based on your analysis, there's still hope in the short term, just worried about this critical point exploding If it drops back to over 80,000, I'll buy the dip, no fear If it really rebounds to around 97,000, that would be a miracle

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