2026-01-17 10:26:14

BTC has recently been testing the 95,000 level up and down.

Starting from around 91,000, it moved upward, reaching a high of about 98,000 where it encountered resistance, with the overall increase being approximately 8%. Now there are signs of a pullback, but the 94,000-95,000 level is very critical—it is likely to hold. Once it truly stabilizes at this level, breaking through 100,000 should not be a problem.

Conversely, if it fails to hold at 94,000-95,000, it might retreat back to around 93,000 to find support. In any case, this kind of adjustment is a buying opportunity. From a trend perspective, each bottom is being raised, which is a typical bottoming process before a market rally, characterized by repeated confirmations. The current trend basically aligns with previous judgments.

BTC-0.39%

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ProposalManiac

· 01-17 10:56

Bottoming out is fine, but don't take "probability of holding" as 100%. Throughout history, many mechanism designs have failed because of the phrase "high probability." The critical point at 9.4-9.5 is essentially a consensus game problem. Where is the true incentive compatibility?

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GasFeeSurvivor

· 01-17 10:54

I'm a bit tired of the phrase "bottoming out," but the 95,000 level really needs to be defended... But don't be too confident; I said the same thing last time too, haha.

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ChainWatcher