2026-01-06 03:21:10

Bitcoin pulled back after reaching around 94,700 yesterday. This level has always been seen as a short-term resistance. From the candlestick performance, the upward momentum is gradually weakening.

The key now is the next move. From a technical perspective, there is a CME gap that needs to be filled below. Recently, traders are closely watching the support zone around 91,500-90,500—if it breaks below this, it is highly likely to continue downward to around 88,100 to fill the gap.

Friends looking to short can pay attention to opportunities; those who missed the previous move still have a chance. Gaps are rarely left unfilled in the market, so whether it can break below the 91,500 range is crucial for observing the short-term trend.

BTC0,63%

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.

8 Likes

Reward
8
8
Repost
Share

Comment

0/400

LostBetweenChains

· 12h ago

94700 this hurdle really got stuck, it feels like the momentum is indeed weakening If it breaks below 90500, be cautious, the gap at 88100 is right there, the market won't let it go easily My risk appetite is still conservative, this short opportunity is good but timing is crucial Is 91500 really that important? It seems like many people are waiting at this level Shorting has risks, maybe it's a trap, let's see The saying that gaps must be filled has been heard too much, but it does work every time Still holding positions, should I cut losses? Feeling a bit anxious

View OriginalReply0

MelonField

· 01-08 10:24

94700 is just a paper tiger, I've seen it a long time ago. Now we're just waiting for it to drop. If it breaks below 91500, it will fill the gap. This is almost certain, no matter how you play, you can't avoid it. Those who didn't get on the short position earlier still have a chance now. Don't always think about catching the bottom. The real bottom should be around 88100, then we'll see who is truly naked. Gaps are like a curse; the market insists on giving them face. I'm optimistic about the upcoming shorting opportunities, just waiting for the moment when 91500 breaks.

View OriginalReply0

FlyingLeek

· 01-06 16:12

94700 is just a false alarm, old buddies, it's time to wake up Really, this rebound is just bluffing; I've been waiting to fall into the gap all along Only when 91500 breaks does it count; anything else is pointless now

View OriginalReply0

Anon32942

· 01-06 03:49

94700 is really a frustrating level; the momentum is indeed waning, and it feels like it might break below 91500.

View OriginalReply0

RuntimeError

· 01-06 03:49

94700 this level is really tightly held, filling the gap on the downside is a high-probability event. If you're operating a short position to bottom fish, you must hold above 91500; if it breaks, head straight to 88100. It's time to gamble on the gap again. Brothers holding short positions, stay steady. This wave of decline seems to lack momentum; it feels like 91500 won't hold. If the gap isn't filled, the market won't sleep well. Just be patient and wait for the opportunity. I remember the gap at 88100; this time, I guess I need to make a trip. When momentum exhausts, it's time to consider shorting; anyway, the gap will be filled sooner or later.

View OriginalReply0

EternalMiner

· 01-06 03:47

94700 this level is really stuck, it feels like the momentum is indeed weakening Breaking 91500 is a watershed; let's bet on the next move Gaps seem to be something the market is really persistent about filling, it's quite interesting Is there still a chance for the missed move? Then I need to keep a close eye on this range

View OriginalReply0

ContractExplorer

· 01-06 03:34

94700 is the ceiling, once touched it will turn back. I've seen this trick too many times. If we can't break 91500, we'll just keep waiting. Gaps are indeed mysterious. Those who haven't gotten in yet can still pick up bargains, it all depends on how it plays out later.

View OriginalReply0

ReverseTrendSister