2026-01-09 04:28:43

The cryptocurrency market has been volatile these days. Looking at the daily chart, there was a small pin bar yesterday, but it didn't close as a bullish candle, and near the previous decline point, it turned down again. The price kept testing throughout the night but never broke through. This indicates that selling pressure is indeed quite strong.

From the short-term 1-hour chart, the OBV indicator shows no significant signals, suggesting that the bulls currently lack confidence and are severely lacking in holding conviction. The chart also shows that the market is stuck around the moving averages and the previous decline point, with substantial resistance. Short-term rebounds are repeatedly suppressed.

Technically, the range between 91200 and 91500, as well as the 92000 level, are areas that need to be tested in batches. If resistance persists here, the rebound space will be very limited.

Looking downward, 90200 is the first support, followed by the price zone between 89500 and 89000. There may be some support in this area. Overall, the market is still oscillating at high levels, and it's a time to wait for a clear direction.

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SignatureVerifier

· 01-09 12:27

obv's flatline is... telling, ngl. insufficient momentum validation here. technically speaking, that 91200-91500 zone requires proper stress testing before we can trust any breakout narrative. statistically improbable this holds without further auditing of sell pressure dynamics.

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PanicSeller

· 01-09 04:58

It's the same old trick again, selling pressure is high, bulls lack confidence... so familiar. Just wait and see, only a break below will count. --- Repeatedly at high levels, it's so annoying. When will there be a clear direction? --- If 91,500 can't be broken, then accept defeat. Don't keep doing this虚的. --- They're just stalling here. Whether 89,000 can hold is a question. --- If OBV has no highlights, then it's truly lack of confidence. You can feel that fatigue just from the chart. --- The rebound has been suppressed so many times. Is the support below able to hold? That's uncertain. --- Don't even think about it unless it breaks 92,000. Continuous resistance is a signal.

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SchrodingerProfit

· 01-09 04:56

Starting to test repeatedly again, the selling pressure just can't be contained It's really annoying to watch, the bulls' confidence is indeed lacking Is the key at 91200 truly insurmountable? Let's wait and see To put it simply, it's still a gamble on the direction

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ProofOfNothing

· 01-09 04:48

It's just repeatedly testing those few levels. The nice way to say it is "waiting for the trend," but honestly, no one dares to take the plunge.

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SerRugResistant

· 01-09 04:46

Pushed back down again, this selling pressure is really sticky. Still messing around there, wake up everyone. The bears are still holding, don't get cut. If 92000 can't be broken, it feels like it might go down to test the waters. OBV hasn't moved up at all, who dares to buy at this high level?

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GateUser-9f682d4c

· 01-09 04:44

This repeated high-level fluctuation really torments me; it feels like selling pressure is constantly weighing down, it's uncomfortable.

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quietly_staking

· 01-09 04:36

It's another repeated probing, the bulls are losing momentum, feeling like it's about to break down.

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MrDecoder

· 01-09 04:31

It's another repeated probing... I'm tired of this routine. Why are the bulls so impatient? With such strong selling pressure and indicators losing confidence, I want to see how long 91200 can hold. That 89000 level must be defended, or it will really drop.

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