BTC has recently been testing the 95,000 level up and down.
Starting from around 91,000, it moved upward, reaching a high of about 98,000 where it encountered resistance, with the overall increase being approximately 8%. Now there are signs of a pullback, but the 94,000-95,000 level is very critical—it is likely to hold. Once it truly stabilizes at this level, breaking through 100,000 should not be a problem.
Conversely, if it fails to hold at 94,000-95,000, it might retreat back to around 93,000 to find support. In any case, this kind of adjustment is a buying opportunity. From a trend perspective, each bottom is being raised, which is a typical bottoming process before a market rally, characterized by repeated confirmations. The current trend basically aligns with previous judgments.
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GasFeePhobia
· 01-19 08:01
95,000 this threshold must be maintained, or else it'll be another hassle.
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ProposalManiac
· 01-17 10:56
Bottoming out is fine, but don't take "probability of holding" as 100%. Throughout history, many mechanism designs have failed because of the phrase "high probability." The critical point at 9.4-9.5 is essentially a consensus game problem. Where is the true incentive compatibility?
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GasFeeSurvivor
· 01-17 10:54
I'm a bit tired of the phrase "bottoming out," but the 95,000 level really needs to be defended... But don't be too confident; I said the same thing last time too, haha.
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ChainWatcher
· 01-17 10:39
Just grind it out, anyway, this 95,000 level must be held, or else you'll have to recover again.
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DegenWhisperer
· 01-17 10:30
95,000 is really a critical point that needs to be carefully guarded. If it drops below 94,000, be prepared to buy the dip.
BTC has recently been testing the 95,000 level up and down.
Starting from around 91,000, it moved upward, reaching a high of about 98,000 where it encountered resistance, with the overall increase being approximately 8%. Now there are signs of a pullback, but the 94,000-95,000 level is very critical—it is likely to hold. Once it truly stabilizes at this level, breaking through 100,000 should not be a problem.
Conversely, if it fails to hold at 94,000-95,000, it might retreat back to around 93,000 to find support. In any case, this kind of adjustment is a buying opportunity. From a trend perspective, each bottom is being raised, which is a typical bottoming process before a market rally, characterized by repeated confirmations. The current trend basically aligns with previous judgments.