2026-01-17 05:33:29

BTC shows a clear retracement trend on the 1-hour timeframe. After dropping from the high of 97,900, the market is searching for new support. In the short term, 94k is an important support level. If the price cannot stabilize above 96k, breaking below this strong resistance, a downward move is almost certain. Once it fails to hold, the next target is 92k.

The MACD indicator shows that the bearish momentum is still continuing to release, with no signs of bottoming out, indicating that selling pressure still exists. From a technical perspective, the current environment favors short positions.

Today's trading idea: go short on rallies. Consider shorting near the 96k resistance, setting a stop-loss above the high to maintain a reasonable risk-reward ratio. If the support is broken, hold the short position to seek lower targets. From a Chan theory perspective, the current structure shows a downward trend, and this logic has not been broken for now.

BTC-0,34%

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MonkeySeeMonkeyDo

· 01-20 01:44

If 96k can't break, we'll keep pushing down. Continue holding the short positions.

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TokenTaxonomist

· 01-19 16:52

honestly the macd angle here feels a bit too textbook imo... like statistically speaking, every time someone brings up "空头动能" we're basically watching technical analysis theater at this point. 96k as resistance? data suggests otherwise if we look at the order book depth patterns from the last 48hrs, taxonomically incorrect framing tbh.

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GateUser-e51e87c7

· 01-17 20:56

If 96k can't be broken, go all-in on the short position and just wait to see 92k

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GasFeeDodger

· 01-17 06:02

If 96k can't break through, I'll go all-in on the short position directly. This wave is just a gamble.

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TokenToaster

· 01-17 05:57

If 96k doesn't hold, it's really over; this short position is a bit risky.

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PanicSeller

· 01-17 05:50

If you can't break 96k, just push directly to 98k. Don't tell me about short positions.

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LiquidationWatcher

· 01-17 05:49

ngl been liquidated before and this 96k setup screams trap to me... those "obvious" shorts always bleed you dry when you're not watching your health factor closely enough

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MetaMisery

· 01-17 05:47

Hitting 96k is indeed quite challenging; it feels like it's about to break.

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fork_in_the_road

· 01-17 05:41

If 96k can't be broken, I'm ready to buy the dip. This wave of short positions is really a bit dangerous.

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RugPullAlertBot

· 01-17 05:37

If 96k can't be broken, then it's game over. The short position in this wave still looks pretty comfortable.