2026-01-08 01:26:33

From a daily chart perspective, after a continuous rally, a relatively strong downward K-line appeared. Although the retracement is significant, a single bearish candle is not enough to confirm a trend reversal, so the recent correction is just a short-term adjustment and does not indicate an overall upward trend reversal.

Turning to the 4-hour chart, the price stabilized after touching the lower Bollinger Band, indicating that the support below is relatively solid, and the further downside space is already limited. Therefore, it is not recommended to recklessly short at low levels; instead, be cautious of a potential sudden rebound.

Regarding the specific trend of BTC: the range between 91,000 and 90,500 can be seen as support. If it drops to 90,000, a rebound is needed. The target above is set between 92,000 and 93,000.

BTC-0,04%

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HodlVeteran

· 1h ago

I'll just say it, I've been waiting for this pullback for a long time. It's the old routine. Chasing short? Ha, I was trapped like that back in the day. Now I only trust support levels. Breaking 90,000 is the real pain. When that happens, let's see who dares to take the buy-in. Above 92,000? Dreaming. Let's first stabilize at 90,500 before talking. A single bearish candle can't scare me. I've seen harsher ones, it's just the wallet hurting. This kind of rebound is even more dangerous. An experienced trader's car crash happens right at this moment.

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RektRecovery

· 12h ago

here we go again with the "single candle doesn't break trend" cope... yeah yeah, support holds til it doesn't. classic play-by-play theater. honestly the 90k level is where the real blood usually spills, not holds. seen this movie before

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OPsychology

· 01-08 01:56

The lower Bollinger Band has stabilized. Is this rebound coming? Be careful with short positions.

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ParanoiaKing

· 01-08 01:51

As long as the Bollinger Bands hold steady, a rebound should occur. Shorting at this position is suicide.

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LiquidityNinja

· 01-08 01:50

It's the same story again, support support support. Every time, they say the support is solid, but then it gets broken through in one step. Can't break 90,000? Bro, I bet 5 USD on being proven wrong. What does it mean if the lower band of the Bollinger Bands holds? It held last time too, but it still wick down. By the way, the target of 92,000-93,000 is a bit arbitrary. Why not just say it's bullish? Honestly, right now, both long and short positions are just bets. That technical analysis has long been invalidated.

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LiquiditySurfer

· 01-08 01:38

The lower Bollinger Band has stabilized; this wave shouldn't break too deep. The line at 90,000 needs to be held firmly, or else you'll really have to add to your position.

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FOMOmonster

· 01-08 01:34

It looks like we're about to rebound again. This dip can't scare me at all; 90,000 won't break.

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