The market rhythm has changed again. The previous wave of Bitcoin's trend needs adjustment. The last bottoming attempt was met with cold response at the 95,000 level, followed by a sharp drop to 89,300. My previous analysis chain was bearish from 95,000 all the way down to around 89,600. If you've been paying attention, you should understand the entire logic.



Looking at the four-hour chart, after the price touched the lower Bollinger Band, a lower shadow appeared, followed by a bullish candle. Currently, it is in the middle-lower band area, and in the short term, it will rebound due to the support at the bottom. The resistance overhead is around the middle band at 92,300, and the MACD has already entered a shrinking bearish phase — this indicates that the market may start to rebound tonight.

The operational idea is quite clear: from the 91,000 level, you can directly look for a rise towards 92,100. If this level is broken, the next target for further upward movement is the 94,000 level. The strength of this rebound depends mainly on whether 92,300 can be effectively broken.
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ChainMelonWatchervip
· 16h ago
Breaking through this level at 92,300 would be interesting; otherwise, it would just be a false alarm.
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StillBuyingTheDipvip
· 01-09 08:01
Is the 92,300 barrier really that tough? It feels like I always get stuck here.
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0xTherapistvip
· 01-08 18:52
Breaking 92,300 would mean there's a chance; otherwise, it's just a repetitive trap.
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FOMOSapienvip
· 01-08 18:51
This level at 92300 is correct, but I think you underestimated the rebound strength.
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DAOTruantvip
· 01-08 18:44
I still don't quite believe in the strength of this rebound as long as the key level at 92300 can't be broken.
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LongTermDreamervip
· 01-08 18:43
Here we go again. I feel like this rebound has a chance. The 92,300 level really needs to be broken, or else it will just be a false alarm again. I experienced this kind of fluctuation three years ago, and in the end, those who survived were the ones who held on stubbornly. It should be about the same this time too, haha.
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NFTArchaeologisvip
· 01-08 18:42
The 92,300 level is indeed interesting, somewhat like encountering a stratigraphic boundary during on-chain archaeology — it depends on whether we can truly break through this time. The feel of the rebound is right here.
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