2026-01-07 18:22:50

Bitcoin prices continue to face pressure, having fallen below the $91,000 mark. From the 4-hour chart, the support level at $92,155 has also been broken, confirming a downtrend.

According to crypto market analysts, they are actively looking for shorting opportunities. The target is set near the early month opening price, around $87,600. To manage risk, take-profit orders will be placed at two points along the way—this is a typical phased profit-taking strategy.

However, a rebound is also possible. The key support around $90,500 is critical; if BTC experiences a strong rebound here and successfully reverses, short positions will need to be closed. Conversely, once the price breaks above $96,500, the outlook should shift to bullish. Recent market movements have indeed been oscillating at key levels, so cautious handling is advisable.

BTC0,12%

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RamenDeFiSurvivor

· 3h ago

Dropped again... Even 92155 didn't hold, this time it looks like we're really heading towards 8760. The bears are rubbing their hands, but if 90500 can rebound, I'll admit defeat.

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PumpAnalyst

· 5h ago

Support levels are breaking one after another. If this isn't the market maker eating up at the bottom, then it's really going to drop to 87,600. Choose one [thinking] Anyone who usually pays attention to intraday structure would have already set up rebound orders around 90,500. The key support is the position where money is being sent. That line at 96,500 looks quite precarious. If it can't break through, the bears will continue to harvest. This is a classic chop and harvest rhythm. Seeing analysts so confident about finding shorting opportunities, I actually become a bit cautious. History always repeats itself. One last thing: risk control first. Be rational when entering positions. Don't chase highs, everyone.

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FalseProfitProphet

· 01-07 18:52

It has dropped again, and the bears are getting excited. I just want to see if 90500 can hold.

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NFTragedy

· 01-07 18:52

Dropped again, are the bears about to get rich? I don't believe it; this rebound level still needs to be tested once more.

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orphaned_block

· 01-07 18:38

It dropped again. Can 87,600 really be reached? Feels uncertain. --- If 90,500 can't hold, I'll just admit defeat. No more messing around. --- Scaling out profits gradually sounds good, but I'm just worried I might never get to that moment. --- Reversal at 96,500? Dream on. It's not very realistic in the short term. --- This wave is really tough. Key levels keep tormenting us repeatedly. --- A shorting opportunity? I'm too afraid to go long now. Last time I suffered heavy losses and haven't recovered yet. --- Even 92,155 didn't hold, indicating that the downward momentum is still quite strong. --- Rebound, rebound—every time it's a rebound. Where did it rebound to? --- Opening at 87,600 at the start of the month. This prediction is a bit uncertain, but it can serve as a reference.

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NightAirdropper

· 01-07 18:37

The 91,000 level has been broken. Are the bears really about to take off this time? I still think 90,500 can hold... Otherwise, it will directly head to 87,600, and by then, my long positions will probably all be wiped out.

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DefiOldTrickster

· 01-07 18:29

Oops, it's that familiar arbitrage time again. I've already marked the 87600 level, just waiting for the fish to swim in.

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