Bitcoin repeatedly confirmed support around 94,000 before rebounding again. Currently, it hovers around 95,000, testing the validity of this area. The weekend market remains relatively calm, with key volatility expected to appear on Monday — whether the market can stabilize above 95,800 will be a litmus test for the direction.
From a technical perspective, as long as the price remains above 95,800 on Monday, the upward trend remains intact, and the overall structure is still sound. If the price can effectively hold above this level, it indicates that bullish momentum still dominates, with the next target pointing towards the resistance zone of 97,000-98,000. Once this area is effectively broken, market sentiment is bound to heat up further, and the conditions for challenging the 100,000 level will gradually mature.
In terms of trading strategy, it is recommended to look for low-position entries near the 94,000 support zone, while strictly setting stop-losses. If the price effectively breaks below this support, a reassessment of the overall direction is necessary. Holders can initially set 97,000 as the first target, with a long-term view still aiming at the psychological barrier of 100,000.
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ForkMaster
· 12h ago
It's unlikely to break 95,800 on Monday. I bet even the milk money for my five kids is in this rhythm.
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BuyHighSellLow
· 22h ago
If you can't break 95,800 on Monday, don't bother, just watch the show.
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DegenWhisperer
· 01-17 10:59
See the true test on Monday. If 95800 doesn't break, I remain bullish. Those who bought the dip at 94000 will be laughing.
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AirdropATM
· 01-17 10:58
If 95,800 doesn't break, I'll hold on stubbornly. Anyway, I've already gotten on board. Only if it drops below 94,000 will I reconsider life.
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HodlTheDoor
· 01-17 10:58
Monday is the real test; the 95,800 level must be held firmly, or else I will have to revisit my strategy.
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The 100,000 mark is not far away; it all depends on whether this wave can break through 97,000. It feels like the bulls still have a chance.
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Did it really hold at 94,000? I need to check the candlestick chart again; I’m not very confident in this support.
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Long-term steadfastly holding onto the dream of 100,000, focusing on 97,000 in the short term—simple and straightforward.
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If the market crashes right at the open on Monday, set your stop-loss properly to avoid getting trapped.
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95,800 is the watershed; either to heaven or to hell, it’s that simple.
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This rebound feels a bit fake; it seems like a sudden plunge could happen at any time.
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I’m waiting for a low-position entry opportunity, but the prerequisite is confirming the true bottom.
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The number 100,000 is so magical; I almost forgot that a few months ago it was still over 50,000.
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Is this a bull trap or a real breakout? We’ll find out on Monday.
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MEVictim
· 01-17 10:42
Let's see if 95,800 can hold on Monday. It feels like there's really a chance to break through 100,000 this time.
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BridgeJumper
· 01-17 10:36
See you on Monday, the 95,800 hurdle must be either broken or retreated—there's no middle ground, right?
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SignatureVerifier
· 01-17 10:32
tbh 95800 is the real test here... technically speaking, if it doesn't hold there's insufficient validation for the bullish narrative they're pushing. requires further auditing imo
Bitcoin repeatedly confirmed support around 94,000 before rebounding again. Currently, it hovers around 95,000, testing the validity of this area. The weekend market remains relatively calm, with key volatility expected to appear on Monday — whether the market can stabilize above 95,800 will be a litmus test for the direction.
From a technical perspective, as long as the price remains above 95,800 on Monday, the upward trend remains intact, and the overall structure is still sound. If the price can effectively hold above this level, it indicates that bullish momentum still dominates, with the next target pointing towards the resistance zone of 97,000-98,000. Once this area is effectively broken, market sentiment is bound to heat up further, and the conditions for challenging the 100,000 level will gradually mature.
In terms of trading strategy, it is recommended to look for low-position entries near the 94,000 support zone, while strictly setting stop-losses. If the price effectively breaks below this support, a reassessment of the overall direction is necessary. Holders can initially set 97,000 as the first target, with a long-term view still aiming at the psychological barrier of 100,000.