Last Sunday, Bitcoin's price approached a resistance zone, and caution is advised in the 92000-94000 price range. Especially near the previous high around 94000, many aggressive investors chasing the rally are now trapped. Although the rebound in this range seems attractive, the persistence of historical resistance levels is often overestimated by the market. For short-term traders, this area is better suited for observation rather than blind intervention. Waiting for clearer breakout signals or a pullback to support is usually a more prudent strategy.
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DEXRobinHood
· 01-07 19:00
94,000 is coming again. The last time I got trapped, I haven't been able to get out yet.
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CrossChainMessenger
· 01-07 18:57
94000 is really a trap for people; I've already seen several waves get liquidated. No rush.
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MEVHunterX
· 01-07 18:53
94,000 is really a trap; everyone chasing it has been caught.
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OneBlockAtATime
· 01-07 18:52
94000 is about to be broken again, this time I really have to wait for a signal
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Ramen_Until_Rich
· 01-07 18:44
94,000 is back again, still the same old routine of the resistance level play.
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TideReceder
· 01-07 18:42
That 94,000 level is really hard to break through. I can't help but sweat for those guys chasing the high.
Last Sunday, Bitcoin's price approached a resistance zone, and caution is advised in the 92000-94000 price range. Especially near the previous high around 94000, many aggressive investors chasing the rally are now trapped. Although the rebound in this range seems attractive, the persistence of historical resistance levels is often overestimated by the market. For short-term traders, this area is better suited for observation rather than blind intervention. Waiting for clearer breakout signals or a pullback to support is usually a more prudent strategy.