Last Sunday, Bitcoin's price approached a resistance zone, and caution is advised in the 92000-94000 price range. Especially near the previous high around 94000, many aggressive investors chasing the rally are now trapped. Although the rebound in this range seems attractive, the persistence of historical resistance levels is often overestimated by the market. For short-term traders, this area is better suited for observation rather than blind intervention. Waiting for clearer breakout signals or a pullback to support is usually a more prudent strategy.

BTC-0.13%
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
  • 6
  • Repost
  • Share
Comment
0/400
DEXRobinHoodvip
· 01-07 19:00
94,000 is coming again. The last time I got trapped, I haven't been able to get out yet.
View OriginalReply0
CrossChainMessengervip
· 01-07 18:57
94000 is really a trap for people; I've already seen several waves get liquidated. No rush.
View OriginalReply0
MEVHunterXvip
· 01-07 18:53
94,000 is really a trap; everyone chasing it has been caught.
View OriginalReply0
OneBlockAtATimevip
· 01-07 18:52
94000 is about to be broken again, this time I really have to wait for a signal
View OriginalReply0
Ramen_Until_Richvip
· 01-07 18:44
94,000 is back again, still the same old routine of the resistance level play.
View OriginalReply0
TideRecedervip
· 01-07 18:42
That 94,000 level is really hard to break through. I can't help but sweat for those guys chasing the high.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)