2026-01-07 01:26:42

Bitcoin last night dipped to a low of 91200. The short positions laid out at 94000 yesterday successfully reached the first target around 91800. Subsequently, the price experienced a V-shaped reversal, surging again towards the 93500 range. This oscillating pattern reminds people of the 88000 wave, with various reverse breakouts, and market sentiment has indeed been somewhat volatile. However, the current rebound has gradually pushed prices higher, providing an opportunity to short at higher levels. If the upward movement continues, there is still a window to enter short positions at high levels, and close attention should be paid to the resistance around 93500-94000.

BTC0,37%

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GasBandit

· 01-09 22:13

The 91800 wave was indeed comfortable, but this V-shaped reversal has got me a bit confused, feeling like the market is playing heartbeat.

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GameFiCritic

· 01-09 02:16

The wave at 91,200 was indeed caught, but this V-shaped reversal rhythm... to be honest, it's a bit exciting. Remember the lesson at 88,000? What is behind the repeated breakthroughs—are the market testing the waters or is there truly no consensus? The resistance level at 93,500-94,000 is very critical, but rather than frequently chasing short positions, it's better to look at the trading volume and open interest data during this rebound—whether it can support this level. That is the core indicator that determines sustainability. At this point, I am actually more concerned about the true flow of funds.

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DuskSurfer