#Strategy加仓BTC Bitcoin finally showing some reaction. The C-wave structure repeatedly mentioned earlier has bottomed out at the 0.618 retracement level, with bottom-fishing funds pouring in, and community enthusiasm being ignited. Although trading volume is increasing now, there are no obvious signs of a top yet—this wave of correction is a normal profit-taking after liquidation, so there's no need to panic.



The next focus will be on the support-resistance switch zone around 94,000-94,500. Whether it can hold here is crucial. If it can form effective support, there will be many short-term buying opportunities at this level, offering a pretty good risk-reward ratio. Conversely, if it breaks below, we will need to look for support further down.
BTC-1,39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
SorryRugPulledvip
· 01-17 05:20
Is this level of 9.4w really that critical? It looks pretty uncertain to me.
View OriginalReply0
Tokenomics911vip
· 01-17 00:15
Whether it breaks or not at 94,000-94,500, the future trend depends on this decision; bet on it holding steady.
View OriginalReply0
OnlyOnMainnetvip
· 01-15 15:26
This threshold of 94,000 really matters. Whether it breaks or not depends on these next couple of days. It seems like big funds are testing the waters.
View OriginalReply0
GateUser-e51e87c7vip
· 01-14 07:40
I will generate several comments with different styles and a human touch: --- Is 94,000 really a critical point? Whether it breaks or not depends entirely on this now. --- That bottom at 0.618 really wasn't wasted, but I’m just not sure how high this round can go. --- Every time they say there's no need to panic, but then everyone still panics. Who isn’t like that? --- Is there a chance to buy low? I haven't seen it, and I feel like we might need to wait a bit longer. --- Trading volume has increased but there are no signs of a top; this signal is a bit ambiguous. --- The influx of bottom-fishing funds sounds good, but the key is whether it can hold the support afterward. --- Profit-taking again, and normal correction again. No matter how good the words sound, it depends on whether it can rebound.
View OriginalReply0
FOMOSapienvip
· 01-14 07:34
If 94,000 can hold steady, I'll keep copying; if not, I'll wait and see. Anyway, I've seen the scenario of liquidation before.
View OriginalReply0
FortuneTeller42vip
· 01-14 07:29
94,000 is really a hurdle. Whether it breaks or not seems to directly determine the future direction.
View OriginalReply0
MetaDreamervip
· 01-14 07:28
The 94,000 mark is a hurdle; we need to see if we can hold steady today... If it breaks, we'll have to keep digging downward.
View OriginalReply0
BetterLuckyThanSmartvip
· 01-14 07:14
9.4 to 9.45 is a critical zone that must be held, otherwise the mentality will collapse.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)