Bitcoin has been fluctuating between $85,000 and $95,000 recently, with neither bulls nor bears able to gain a clear advantage, forming a typical consolidation pattern. From a technical perspective, momentum indicators like RSI are signaling that upward strength is clearly lacking, and the overall state is neutral to slightly weak.
To confirm whether the mid-term trend can effectively move higher, the key is whether it can break through the resistance zone of $94,000 to $100,000. Once this level is stabilized, there will be more confidence to challenge higher targets. Conversely, the support zone below at $80,000 to $85,000 should not be taken lightly; a breakdown here could easily trigger an accelerated decline.
Interestingly, the Fear & Greed Index is currently in the extreme fear zone, indicating that market participants' risk appetite is indeed quite subdued. Under this emotional state, it is unlikely to see a strong upward rally in the short term. A wait-and-see attitude might be the more prudent choice at the moment.
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SoliditySlayer
· 01-07 06:47
Just oscillating and consolidating, let's wait until 94,000 to see if it can hold.
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Extreme fear? Isn't that a signal to get in?
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What are you waiting for? I've already gone all in, haha.
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RSI is still weak, it's uncomfortable. This market really can't move up.
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Breaking 80,000 is truly dangerous. When the time comes, it will be a matter of who buys the dip and who gets wiped out.
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Basically, there's no direction, neither longs nor shorts are making money.
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The Fear index is extremely fearful, but it's actually a bit tempting.
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Sold some at 95,000, waiting for a pullback to buy more.
View OriginalReply0
BearMarketGardener
· 01-06 18:05
It's that damn position again, constantly flipping back and forth, really exhausting.
Wait until 94,000, no move until it breaks.
Extreme fear? Ha, this is actually the time to buy in, why are you still watching on the sidelines?
As for RSI, it’s called neutral to weak at best, but really it just means no clear direction.
Breaking below 80,000 is the real thrill; anything else is pointless to talk about now.
The most fearful times are often just before opportunities arise.
Feels like it’s either soaring to the sky or dropping off a cliff; is all this messing around in the middle even interesting?
Isn’t the Fear index spiking a sign to buy the dip? What are you waiting for?
If this volatility continues, retail investors’ blood pressure will be maxed out.
If 94,000 can’t be broken, then just keep rolling around in the swamp.
View OriginalReply0
AirdropChaser
· 01-06 11:07
Another market that keeps hitting us with ups and downs, so annoying.
Only when it breaks 100,000 can we start talking about targets...
When in extreme fear, you should get in now. These people really just watch and wait.
Feels like it has to drop to 80,000 for support before confirming the direction.
Watching this choppy market just makes me want to sleep. When will there be a clear decision?
View OriginalReply0
MultiSigFailMaster
· 01-05 09:56
说实话这波行情属实无聊,9.4万这关口迟早要破,就看是向上还是向下了
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SillyWhale
· 01-04 11:52
Still bouncing back and forth between 85,000 and 95,000. It's really getting on my nerves. When will we finally see a decent market trend?
View OriginalReply0
SandwichVictim
· 01-04 11:52
It's starting to fluctuate and be frustrating again; this market really makes you feel anxious.
View OriginalReply0
TokenSleuth
· 01-04 11:51
Still rambling, this volatility really annoys people
Waiting for a breakout or a breakdown, just choose one
Extreme fear? That’s a signal to get in, bro
Waiting and watching is bullshit; sitting and waiting to be killed is the real way
Lack of RSI, what’s there to be afraid of? Be patient and wait
View OriginalReply0
NFTregretter
· 01-04 11:31
It's the same dead cycle of 8.5 to 9.5 again, really getting tired of it.
How long has the market been stuck here? Better to wait and see, no rush anyway.
When the Fear index hits the roof, it's time to run, to avoid getting trapped.
At this critical level of 94,000, we must hold steady.
Wait for a breakout; for now, the movement is too small.
View OriginalReply0
SoliditySurvivor
· 01-04 11:23
After such a long period of consolidation, no one dares to push higher yet
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The Extreme Fear Index is at this level, which might actually be a bottom signal
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If 94,000 can't be broken, you really need to be cautious and avoid getting crushed down
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RSI is so weak, how can there be a strong rebound
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The key support at 80,000 must hold, or else the rapid decline will be unstoppable
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Now is the time to wait and see, wait for the sentiment to recover
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This wave is really hard to judge, neither bulls nor bears have the advantage
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The Extreme Fear Index is still lingering at this level, waiting for a signal
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I'm watching the support levels between 80,000 and 85,000
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The 100,000 barrier will be crossed sooner or later, but now is not the time
Bitcoin has been fluctuating between $85,000 and $95,000 recently, with neither bulls nor bears able to gain a clear advantage, forming a typical consolidation pattern. From a technical perspective, momentum indicators like RSI are signaling that upward strength is clearly lacking, and the overall state is neutral to slightly weak.
To confirm whether the mid-term trend can effectively move higher, the key is whether it can break through the resistance zone of $94,000 to $100,000. Once this level is stabilized, there will be more confidence to challenge higher targets. Conversely, the support zone below at $80,000 to $85,000 should not be taken lightly; a breakdown here could easily trigger an accelerated decline.
Interestingly, the Fear & Greed Index is currently in the extreme fear zone, indicating that market participants' risk appetite is indeed quite subdued. Under this emotional state, it is unlikely to see a strong upward rally in the short term. A wait-and-see attitude might be the more prudent choice at the moment.