BTC is facing significant selling pressure around 94k. It started to decline before reaching the expected shorting level, indicating a shift in market sentiment.



The earlier prediction of a pullback from 92k to 90k overnight did occur. However, looking at the 4-hour chart, this rally shows signs of being a false breakout. The next two days are crucial—either a strong breakout above 95k or a quick dip back near 95k. If the latter happens, the seven-day rally since the 1st will enter a correction phase.

In simple terms, only by stabilizing above 95k can the bullish sentiment continue to spread. Otherwise, we should be prepared for a trend reversal. The supply and demand at the 95k level need time to be validated, and in the short term, a pullback is more likely. The trend change is happening within these two days.
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governance_ghostvip
· 01-09 17:57
Reaching the 95k level really depends on these two days—either a breakthrough or a pullback. It definitely feels like there's a strong sense of false signals.
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BasementAlchemistvip
· 01-09 01:44
95k is really a hurdle; it feels like these two days will be focused here. The smell of a trap is indeed a bit strong, suspecting another wave of pullback.
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TokenSherpavip
· 01-08 14:59
ngl the supply/demand dynamics at 95k are actually way more nuanced than most people realize—if you examine the order flow data historically speaking, these kind of resistance levels rarely break on first attempt, empirically speaking the probability of mean reversion here is quite significant
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GateUser-a180694bvip
· 01-07 04:54
95k is really a watershed; either break through and go for it, or pull back for a shakeout—there's no middle ground.
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CrossChainMessengervip
· 01-07 04:35
95k, I won't believe it until it's broken. This wave of hype definitely has a strong tempting flavor.
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Ser_APY_2000vip
· 01-07 04:33
Well, the 95k level is indeed crucial, but I think the probability is still leaning downward. The smell of a trap is quite strong; I've felt for a while that this rally is a bit fake. Whether it stays around 95k depends on the next two days' performance; otherwise, I might really have to cut losses. This rally from the 1st has lasted so long—it's exhausting. I feel like a pullback is necessary to feel comfortable; right now, it's a bit uncertain.
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StableGeniusvip
· 01-07 04:32
ngl the classic "95k breakout or bust" narrative is exactly what gets retail liquidated. empirically speaking, every time everyone agrees on the pivot point, price finds a creative way to invalidate it. this read is solid but predictably so—which is precisely the problem
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GateUser-e443e413vip
· 01-07 04:28
It's all a routine, always being manipulated by the traders.
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