2026-01-19 05:35:44

Bitcoin today dropped to a low of 91800. This level has support itself, but the problem is that too many people are following the trend to go long, so there will definitely be some volatility in the short term.

My trading advice is not to rush in immediately. Instead of blindly bottom-fishing, wait for a second retest to act, or watch for any trap setups after a breakdown. Sometimes a false breakout is just a trap to absorb orders.

If it stabilizes again around 91800, that would be a relatively good low-entry point for long positions. Looking upward, the 94000 to 94500 range is a short-term resistance zone, providing a rebound space of over 2000 points, so there shouldn't be much problem.

BTC-2,16%

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SleepyArbCat

· 6h ago

Oh no, it's the same old accumulation play again, repeating every day... The real move is the second dip; the first wave of bottom-fishing is just for the newbies.

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gas_fee_therapy

· 6h ago

91800 has dropped again; those following the bullish trend should wake up. Wait for a second dip before taking action; don't be a leek. Fake breakdown for accumulation is an old trick, but it can indeed make money. Don't get excited before 94500; it's still in the grinding phase.

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GasFeeAssassin

· 6h ago

91800 can't be broken, I'm already tired of hearing about it. Let's wait for the second retest to see, those trying to bottom out have all been trapped.

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ReverseTrendSister

· 6h ago

Second rebound and then act, I've mastered this trick thoroughly.

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OldLeekNewSickle

· 6h ago

Don't rush in. I've seen this trick too many times. The second pullback is the right entry point.

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NoStopLossNut

· 6h ago

Wait a minute, this wave of following the trend is really crazy. Did it break 91,800 or not? I'll wait for a second dip before making a move. There are too many fake breakouts. Can 94,500 hold? It feels a bit uncertain...

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