These days, Bitcoin has broken below the $90,000 support level, and the bears are quite fierce. In the short term, it might rebound to around $92,500, but don’t celebrate too early—there’s significant resistance here, and the market looks quite tight. The downside risk is still present. If the price fails to hold this support, retail investors should be cautious; $82,000 could become the next critical defense line.
To put it simply, the current situation of Bitcoin is—unless it breaks above and holds at $92,500, the bear market pressure won’t ease. Even if it rebounds after a surge, resistance at higher levels could still push it back down. So, when trading, stay alert, take these key levels seriously, and don’t panic and make reckless moves during volatile swings.
My personal view is that, in the short term, Bitcoin remains somewhat weak. Retail investors should prioritize risk management and avoid gambling on emotions 🚨
$ETH Market correlation is also worth paying attention to.
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HodlAndChill
· 3h ago
Breaking through this 92,500 level is really necessary; otherwise, it's just a cycle of repeatedly getting caught in the same trap.
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CrashHotline
· 12-17 18:22
If 92,500 can't hold, then we really have to look down. I think this rebound is just a trap.
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AirdropSweaterFan
· 12-17 13:30
If this level of 92,500 can't be broken, you really need to be cautious about 82,000. The market situation is indeed very tough right now.
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DefiSecurityGuard
· 12-17 13:20
⚠️ not financial advice, but 92.5k is textbook bear trap setup. seen this pattern before in the audit logs. classic honeypot price action ngl
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LucidSleepwalker
· 12-17 13:12
Once again, the 90,000 hurdle. It's really frustrating. Can 92,500 really break through? I'm skeptical.
#美国就业数据表现强劲超出预期 $BTC Once again performing a good show at the $90,000 line 💥
These days, Bitcoin has broken below the $90,000 support level, and the bears are quite fierce. In the short term, it might rebound to around $92,500, but don’t celebrate too early—there’s significant resistance here, and the market looks quite tight. The downside risk is still present. If the price fails to hold this support, retail investors should be cautious; $82,000 could become the next critical defense line.
To put it simply, the current situation of Bitcoin is—unless it breaks above and holds at $92,500, the bear market pressure won’t ease. Even if it rebounds after a surge, resistance at higher levels could still push it back down. So, when trading, stay alert, take these key levels seriously, and don’t panic and make reckless moves during volatile swings.
My personal view is that, in the short term, Bitcoin remains somewhat weak. Retail investors should prioritize risk management and avoid gambling on emotions 🚨
$ETH Market correlation is also worth paying attention to.