2026-01-09 04:30:12

Yesterday, Bitcoin broke through the 90,000 mark but quickly retreated, leaving a clear long lower shadow on the daily candlestick. This pattern usually indicates that the bears attempted to push the price lower but were ultimately absorbed by buying interest.

Entering today, there are some signs of stabilization on the hourly chart, but the overall rhythm remains characterized by repeated oscillations. It is unlikely to see a one-sided trend in the short term, more likely a back-and-forth testing within a range.

Currently, the support level is around 906. If broken, the next support will depend on the situation further down. The resistance above is quite evident, with the 926 to 934 range serving as an initial resistance zone.

The upcoming movement is likely to continue within this range, fluctuating while accumulating strength. When it can stabilize and break upward will depend on ongoing observations of the next few days' performance.

BTC-0,11%

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BlockchainTalker

· 01-09 04:59

actually, the long wick setup is textbook game theory here – bears tried to push through but liquidity came in clutch. fundamentally speaking, we're just watching price discovery in real time, nothing crazy yet tbh.

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ILCollector

· 01-09 04:59

90,000 seconds to respond again, this move is really awesome. The long lower shadow indicates that the main force is just teasing us, feels like it happens every time. Getting repeatedly trapped within the fluctuation range, my principal is really "accumulating strength"... Daring to look below 906 after breaking down? I wouldn't dare. From 926 to 934, how many hopes were blocked? Just wait and see, no rush anyway. Every time they say to observe for a few days, but it drags on endlessly. I'm so fed up with this.

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OnchainFortuneTeller

· 01-09 04:58

The long lower shadow is back again. I'm tired of this routine... As I said before, don't get excited until it breaks 906.

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LiquidationWatcher

· 01-09 04:54

Once again, we are stuck in this range, tired of this stalemate market. It's better to wait for a breakout signal.

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ImpermanentPhobia

· 01-09 04:44

90,000 can't be broken through, really exhausting

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ShibaOnTheRun

· 01-09 04:44

It's the same oscillation routine again. I'm tired of yesterday's long lower shadow. Just waiting to see when it can break through the 926 hurdle.

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probably_nothing_anon

· 01-09 04:34

You've heard the phrase "long lower shadow" countless times, but the key is whether it can truly stabilize above 906. Otherwise, it's all just empty talk.

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