2026-01-11 07:23:24

Bitcoin performed relatively steadily after the non-farm payroll data release on Friday, but after the US stock market opened, it quickly rose, once breaking through the 92,000 level, then rapidly pulling back. The speed of the rise was matched by the speed of the fall, fully reflecting the heavy selling pressure above.

Over the weekend, due to the lack of US stock market cooperation, Bitcoin entered a phase of oscillation and correction. In the short term, two key levels should be closely monitored: the resistance at 91,200 above and whether the support at 89,800 below is solid. These two levels will directly influence the subsequent market trend.

Traders looking to seize the rebound opportunity may consider short positions around 91,200, with the target below pointing to the 90,000 to 89,500 range. Of course, specific operations should be flexibly adjusted based on the current market rhythm and risk tolerance.

BTC-0,34%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

DYORMaster

· 01-11 07:48

It's the same old trick, break through 92k and then run, it's really just a matter of a second. Riding the hype of US stocks, when there's no US stock movement, they get timid. Honestly, this market is still虚的. That wall at 91200, it might take a long time to break through... If 89800 breaks, we should admit defeat and not stubbornly hold on. Rebound short? I'll still observe for now, the risk has been a bit high these past two days.

View OriginalReply0

liquidation_surfer

· 01-11 07:48

Even 92,000 can't be broken, the sell orders above are really strong. Do I feel like we're going back to 89,500 again with this wave?

View OriginalReply0

AirdropworkerZhang

· 01-11 07:36

92,000 drops so quickly, I didn't even react before it fell back, really just a false alarm.

View OriginalReply0

AirdropFreedom

· 01-11 07:33

92,000 dropped so quickly, it's hilarious, I knew it was just a false high. 89,800, can it really hold? I'm a bit skeptical. Once again stuck at 91,200, this level is really annoying. As soon as the US stock market pauses, the crypto prices lose their momentum, still waiting. This shorting opportunity is still decent, it all depends on how brave you are.

View OriginalReply0

TokenCreatorOP

· 01-11 07:30

Here we go again with this pattern? Jumping to 92,000 and then plunging, a classic trap to lure more buyers, brothers. Short positions are lurking at 91,200. Let’s see if we can hold the 89,800 line. Honestly, without the US stock market driving it, it’s really not interesting—just this kind of rollercoaster.

View OriginalReply0