BTC has once again been supported at the key level by the Monthly RVWAP—this has become a familiar pattern. Spot demand has returned to the order book, showing quite a responsive reaction.
The current focus is on whether it can regain the weekly channel. The breakout point is clear: re-accepting yesterday's value zone and the 3-day moving average resistance level (91.3k+) constitutes an obvious bullish signal. If this level can hold steady, there is still room for further gains.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
7
Repost
Share
Comment
0/400
StakoorNeverSleeps
· 01-08 21:54
91.3k, is this threshold again going to be supported by spot buying? Come on.
View OriginalReply0
PrivateKeyParanoia
· 01-08 21:53
It's the same old trick again, Monthly RVWAP saving the day... give me a break.
If I can't hold above 91.3k, I’ll pretend I didn't see it.
View OriginalReply0
Blockchainiac
· 01-08 21:44
Old tricks reaching new heights, it all depends on whether the 91.3k hurdle can be overcome.
View OriginalReply0
WhaleWatcher
· 01-08 21:41
Same old story, the monthly RVWAP is here to save the day again? That's all the tricks in the crypto world.
View OriginalReply0
TrustlessMaximalist
· 01-08 21:36
It's the same trick again, RVWAP has supported it time and again, how come you're not tired of it yet?
View OriginalReply0
RebaseVictim
· 01-08 21:30
91.3k Youyouyou is back again. Can it avoid dropping this time?
BTC has once again been supported at the key level by the Monthly RVWAP—this has become a familiar pattern. Spot demand has returned to the order book, showing quite a responsive reaction.
The current focus is on whether it can regain the weekly channel. The breakout point is clear: re-accepting yesterday's value zone and the 3-day moving average resistance level (91.3k+) constitutes an obvious bullish signal. If this level can hold steady, there is still room for further gains.