2026-01-07 18:22:50

Bitcoin prices continue to face pressure, having fallen below the $91,000 mark. From the 4-hour chart, the support level at $92,155 has also been broken, confirming a downtrend.

According to crypto market analysts, they are actively looking for shorting opportunities. The target is set near the early month opening price, around $87,600. To manage risk, take-profit orders will be placed at two points along the way—this is a typical phased profit-taking strategy.

However, a rebound is also possible. The key support around $90,500 is critical; if BTC experiences a strong rebound here and successfully reverses, short positions will need to be closed. Conversely, once the price breaks above $96,500, the outlook should shift to bullish. Recent market movements have indeed been oscillating at key levels, so cautious handling is advisable.

BTC0,56%

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FalseProfitProphet

· 01-07 18:52

It has dropped again, and the bears are getting excited. I just want to see if 90500 can hold.

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NFTragedy

· 01-07 18:52

Dropped again, are the bears about to get rich? I don't believe it; this rebound level still needs to be tested once more.

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orphaned_block

· 01-07 18:38

It dropped again. Can 87,600 really be reached? Feels uncertain. --- If 90,500 can't hold, I'll just admit defeat. No more messing around. --- Scaling out profits gradually sounds good, but I'm just worried I might never get to that moment. --- Reversal at 96,500? Dream on. It's not very realistic in the short term. --- This wave is really tough. Key levels keep tormenting us repeatedly. --- A shorting opportunity? I'm too afraid to go long now. Last time I suffered heavy losses and haven't recovered yet. --- Even 92,155 didn't hold, indicating that the downward momentum is still quite strong. --- Rebound, rebound—every time it's a rebound. Where did it rebound to? --- Opening at 87,600 at the start of the month. This prediction is a bit uncertain, but it can serve as a reference.

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NightAirdropper

· 01-07 18:37

The 91,000 level has been broken. Are the bears really about to take off this time? I still think 90,500 can hold... Otherwise, it will directly head to 87,600, and by then, my long positions will probably all be wiped out.

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DefiOldTrickster

· 01-07 18:29

Oops, it's that familiar arbitrage time again. I've already marked the 87600 level, just waiting for the fish to swim in.

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