2026-01-11 07:24:33

Bitcoin has been repeatedly tugging back and forth around the $92,000 mark today. To be honest, the short-term market is a bit chaotic.

Since January 11th, BTC has been entangled near the strong resistance level of $92,000, failing to break through several times. The four-hour candlestick chart clearly shows that the bulls are repeatedly blocked, with significant selling pressure on the order book.

Trader Ted Pillows also mentioned that although there have been several attempts to push higher recently, the trading volume has not kept up, which is common during weekend sessions. A rise without sufficient volume support is essentially a false move.

The current situation is quite clear — either a breakout above $92,000 or a test of the $88,000 support level downward. Both directions are testing the market’s true attitude.

From a broader perspective, BTC has been stuck in a range between $88,000 and $92,000 for over half a year, formed after a continuous rise from around $70,000. Historical experience tells us that high-level stagnation usually means that the next move will either be a continuation of the trend or a pullback. The key is to wait for confirmation signals; it’s too early to draw conclusions now.

BTC0,7%

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ConfusedWhale

· 12h ago

Being bloated is really pointless; let's wait until the trading volume catches up.

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PebbleHander

· 01-11 07:54

92000 is really a stubborn level; everyone can see the rebound from false fat. Wait and see, if there's no volume, don't expect anything. 88 or 92, at least give a statement. If it doesn't break through, just smash it; anyway, the position is only this much. It's always waiting for signals, waiting for signals; by the time the signal appears, the yellow flowers will have withered.

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Web3ExplorerLin

· 01-11 07:48

hypothesis: this 92k resistance is basically the modern oracle problem—market can't decide if it's a real ceiling or just consensus illusion. reminds me of byzantine generals trying to agree on truth.

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HashRateHermit

· 01-11 07:40

False bullish rally, look at the volume, not the price. This trick is old. --- 92000 has been holding for so long, if it can't break through, it will have to retrace, simple and straightforward. --- Breakouts with insufficient volume are all fake signals. Wake up, everyone. --- What are you waiting for? Either go up or go down, stop entangling. --- The four-hour chart shows heavy resistance, I'm not in a hurry to catch the bottom. --- 88000-92000 has been shaking for half a year, and a sudden crash could happen any day. --- Ted is right, shrinking volume over the weekend definitely isn't a good sign. --- The routine of stagnation at high levels, it will play out the same way as in history. --- Breaking 92K or returning to 88K, it's all about betting on this moment. --- False bullish market, looks like it's rising but actually it's all虚, wait for the signals.

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GateUser-1a2ed0b9

· 01-11 07:35

Gaining weight and getting bloated, just wait for the breakdown, there's no point in saying anything now.

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