2026-01-14 04:22:31

Yesterday marked a turning point, as Bitcoin's daily chart formed a large bullish candle, breaking through the support level around 96,800 from the bottom and then pulling back. This candlestick has significant meaning—if the price can stabilize at this level moving forward, the logic of aiming for 100,000 or even higher becomes valid.

However, the trend reversal cannot be confirmed yet. From a short-term perspective, whether the price continues to surge or turns downward, this zone is likely to undergo a round of consolidation and digestion. It is expected that in the next two days, the price will fluctuate between 96,400 and 94,200.

Within this range, a hedging strategy of shorting high and buying low can be considered. The key resistance above is at 96,400, and the support below is at 94,200—both levels offer opportunities. $BTC and $ETH are currently at critical points and need to wait for clearer directional signals.

BTC1,35%

ETH0,52%

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SleepTrader

· 18h ago

This wave of 96,800 is indeed quite interesting. Let's see if it can hold steady... Otherwise, it will just be another empty joy.

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TokenDustCollector

· 18h ago

It's truly embarrassing if it can't break 96,800, still bragging about 100,000. Another indecisive rhythm, high and low multiple times? It's all old tricks. Let's wait and see if it can really stabilize before saying anything. Will 94,200 really hold up? It seems easier to break below.

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SelfCustodyBro

· 18h ago

The 96,800 level has been stuck for so long, finally breaking through once, but I feel like it will still oscillate and grind sideways. If it drops back, I'll accumulate again. 100,000 is the real test.

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StopLossMaster

· 18h ago

If 96,800 breaks, it will head straight for 100,000. I'm starting to get a bit of a callus on my ears from hearing that logic... Still, it depends on whether it can hold steady; don't want it to fall back again. Consolidating for two days? Then I'll keep sleeping; anyway, I can't seem to catch any opportunities. This is really a critical period, or is it another round of "wolf coming"? Still waiting for a signal.

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Degen4Breakfast

· 18h ago

This big bullish candlestick is indeed interesting, but I still think 96,800 might not hold. What should we do? Buying high and selling low sounds good, but I'm just worried about getting caught in the middle and getting cut. Wait for signals; there's no rush. I've given up on gambling-style trading. Breaking 94,200 is truly dangerous; only then should we consider entering. The 100,000 target is a bit too optimistic. Let's see if 96,400 can hold first.

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