2026-01-08 16:29:29

Bitcoin has embedded a significant needle on the 4-hour chart, returning to the key zone of 90000-90600 that we previously emphasized. This level is highly significant for the bulls—whether they can hold steady directly determines if there is room for a rebound.

Honestly, this 4-hour needle is almost finished, and it’s highly likely that the decline will be recovered. The key point is that after the close, this needle’s low point will become the first line of defense for the bulls—must be defended at all costs.

From a liquidation perspective, this wave of decline has already liquidated most of the long positions, and the liquidation pressure below has significantly eased. This sends an important signal to the bulls—that the space for continued pressure is limited. As long as they can hold here, the momentum for a rebound remains.

BTC0,39%

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FlippedSignal

· 1h ago

The liquidation wave has hit, this is the real buying opportunity. The bottom signal is so obvious, not taking advantage would be a waste.

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ChainWanderingPoet

· 01-08 16:59

The 90,000 level is indeed a tough barrier. If the bulls can't hold this, I'll just give up and relax.

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SchrodingerGas

· 01-08 16:59

The liquidation data speaks for itself; the downward pressure is indeed easing. However, I've heard the narrative of "bulls holding firm" too many times. The key still depends on how the large on-chain holders act.

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HashRatePhilosopher

· 01-08 16:54

If this key level at 90,000 can hold, there's a chance; the bulls' liquidation is almost done, and the rebound momentum is building up.

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4am_degen