On the four-hour chart, Bitcoin broke below the MA144 and MA169 support levels with a downward move, but the rebound momentum is clearly lacking. Regarding the MACD indicator, the DIF and DEA lines have already formed a death cross, and the green histogram is still expanding, indicating that the bearish momentum is being released. Looking at the KDJ indicator, all three lines are clustered in the oversold zone, but a clear bottom divergence reversal point has not yet appeared.
Overall, the short-term buying support is not very strong—Bitcoin is likely to continue oscillating and trending lower within this range. The key level to watch is whether it can hold above the 90,000 mark.
Operational references: - Short entry zones: around 91,800 and 92,800 - Target levels: 90,000 and 88,800
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GateUser-44a00d6c
· 1h ago
If you can't hold 90,000, you really need to be careful. The bears are quite aggressive in this wave.
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StablecoinEnjoyer
· 2h ago
If we can't break 90,000, then we'll be completely bearish. The DIF death cross signal is still quite strong.
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ForkItAllDay
· 01-08 02:15
We really have to hold this 90,000 level, or else it will directly drop to 88,800, and then it will be another big cut-off drama.
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LostBetweenChains
· 01-08 02:07
This threshold of 90,000 really needs to be held, otherwise the real test will come when it breaks below.
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ClassicDumpster
· 01-08 02:05
We need to hold the 90,000 level, otherwise there's really no support below, and the bears are still gaining momentum.
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LayerZeroHero
· 01-08 01:55
The death cross is expanding, and the oversold condition hasn't bottomed out yet... This technical analysis confirms that the bears still have strength. Whether 90,000 can hold depends on the actual data; keep positioning accordingly.
#MSCI未排除数字资产财库企业纳入范围 Thursday, January 8 Market Trend
On the four-hour chart, Bitcoin broke below the MA144 and MA169 support levels with a downward move, but the rebound momentum is clearly lacking. Regarding the MACD indicator, the DIF and DEA lines have already formed a death cross, and the green histogram is still expanding, indicating that the bearish momentum is being released. Looking at the KDJ indicator, all three lines are clustered in the oversold zone, but a clear bottom divergence reversal point has not yet appeared.
Overall, the short-term buying support is not very strong—Bitcoin is likely to continue oscillating and trending lower within this range. The key level to watch is whether it can hold above the 90,000 mark.
Operational references:
- Short entry zones: around 91,800 and 92,800
- Target levels: 90,000 and 88,800
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