BTC has formed a trap prevention line between 89,400 and 89,600, which is the likely point where the main force might create panic and break through. For aggressive bulls looking to bottom fish, this is the opportunity to catch a flying knife.
Looking further down, 88,800 is the intraday limit. Once this defensive line is broken, it means that 90k is completely lost, and the short-term market faces a risk of collapse. Don't expect a rebound.
Here at 88,000 is a strong support, also the top of the previous oscillation range. A pullback to this level is basically the last life-saving straw.
On a larger time cycle, over 1 to 2 weeks, 86,000 becomes the dividing ridge between bulls and bears. Digging further down, 84,500 is a structural bottom, a level capable of supporting a rebound. The final bottom line is 82,000, supported by the 50-day moving average.
Once you understand these key levels, you can grasp the recent critical nodes of BTC. Either it gets hammered down from high levels or supported up from low levels, it all depends on how the main force plays it.
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TokenUnlocker
· 57m ago
The main force's move this time is really fierce. I think the break of 89400-89600 will be tested sooner or later.
Bullish traders who are catching flying knives, wake up. If 88800 breaks, it's really over. Don't think about a rebound.
I believe the 86000 line is true support. Below that, 84500 and 82000 are the last sources of confidence.
Either crash or rally. When the main force is in a good mood, it rebounds; if not, it continues to kill.
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FrogInTheWell
· 01-10 23:57
Caught so many flying knives that my hands are sore, just waiting to be taught a lesson by the main force.
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NewPumpamentals
· 01-10 11:51
Taking a shot really is a gambler's mentality. I think I'll wait until 88,000 before making a move.
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OffchainOracle
· 01-09 21:50
Those who take the flying knife are all big fools; only after breaking 88,800 is it truly time to start playing
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RegenRestorer
· 01-09 21:50
I've been watching this main force operation for ten years, it's still the same approach. It all depends on who can endure longer.
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rugged_again
· 01-09 21:47
Another wave of anti-fraud rhetoric, I really can't hold it anymore.
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ChainSherlockGirl
· 01-09 21:46
Ah, this is the old trick again, scam prevention line, life-saving straw... It's making my ears callus from listening.
The big players' psychological games are quite a lot. Based on my analysis, these people just like to scare retail investors.
I'm keeping a close eye on the 82000 line. Once it hits that point, I'll know whether it really dropped or not.
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GasFeeBeggar
· 01-09 21:34
I'm tired of hearing the phrase "catching the flying knife." Every time it's said to be the last life-saving straw, but the price still continues to fall.
If the main force were really so predictable, retail investors wouldn't have any trouble.
Does breaking 88,800 mean a collapse? It was said the same last year.
Whether the 82,000 line can hold is still uncertain; don't rely too much on moving averages, brother.
If 90k is lost, it's gone; anyway, I've been numb to the drops long ago.
These support levels look quite professional, but I don't know which ones are real and which are fake.
BTC has formed a trap prevention line between 89,400 and 89,600, which is the likely point where the main force might create panic and break through. For aggressive bulls looking to bottom fish, this is the opportunity to catch a flying knife.
Looking further down, 88,800 is the intraday limit. Once this defensive line is broken, it means that 90k is completely lost, and the short-term market faces a risk of collapse. Don't expect a rebound.
Here at 88,000 is a strong support, also the top of the previous oscillation range. A pullback to this level is basically the last life-saving straw.
On a larger time cycle, over 1 to 2 weeks, 86,000 becomes the dividing ridge between bulls and bears. Digging further down, 84,500 is a structural bottom, a level capable of supporting a rebound. The final bottom line is 82,000, supported by the 50-day moving average.
Once you understand these key levels, you can grasp the recent critical nodes of BTC. Either it gets hammered down from high levels or supported up from low levels, it all depends on how the main force plays it.