2026-01-16 01:24:17

Bitcoin today fluctuated around $96,000, reaching a high of $97,150 during the session and also testing the $95,400 level. From a technical perspective, although the bullish trend remains intact, the growth momentum has weakened, and a slight correction in the short term is reasonable. The $94,000 level below is a significant support level; if it is broken, it could trigger a larger pullback.

Market sentiment has been noticeably bullish these past two days, mainly due to positive expectations from US CPI data. Many traders are eyeing the psychological barrier of $100,000. Once BTC stabilizes above this level and breaks through, there is potential for further upside. The key now is whether the bulls can hold their ground at this stage.

BTC-8,41%

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ReverseTradingGuru

· 01-18 18:56

The 100,000 mark is probably going to be tested repeatedly again; I really don't believe it will break through so easily.

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GateUser-ccc36bc5

· 01-17 11:51

Once 94,000 is lost, it's game over; 100,000 is basically a joke.

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MEV_Whisperer

· 01-17 08:57

If 94,000 can't be broken, continue to go long; if it's broken, let the bullets fly for a while.

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SigmaValidator

· 01-16 14:14

That 94,000 support level is a bit shaky. If it breaks, it feels like it could drop all the way down.

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ETH_Maxi_Taxi

· 01-16 01:54

Is the 100,000-dollar milestone really that mystical? It feels like I keep getting stuck here every time.

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ChainComedian

· 01-16 01:53

If we can't hold 94,000, we'll have to eat dirt, really. --- The 100,000 level is probably a psychological price point; breaking through feels like we can reach the sky. --- Getting stuck again at 97,150... it’s always like this. --- Is this all the CPI good news we get? I thought we could head straight to 100,000. --- The bulls' position is held, but this momentum is fading quite rapidly. --- Honestly, the fluctuations around 96,000 are a bit annoying; might as well just break 100,000 directly. --- Will 94,000 really be the bottom? I still feel it could fall further. --- Staring at integer levels every day, it’s more exhausting than watching stocks.

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MetaverseVagabond

· 01-16 01:52

This level at 94,000 is well said. Once it's really broken through, you need to be careful. My stop loss is set right here.

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DataBartender

· 01-16 01:50

Once you invest 94,000, it will really cool down. Now it's just a matter of whether we can hold this defensive line.

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StealthMoon