2026-01-20 01:22:01

During last night's US stock market holiday, the market volatility was relatively mild. Bitcoin, after hitting a high of 93,300, experienced a significant decrease in trading volume, which is usually a sign of market sentiment divergence.

Technical indicators such as MACD show that the bearish momentum is gradually weakening, but this does not mean an imminent reversal—current movements resemble a typical consolidation phase. Without a clear direction, it is necessary to wait for confirmation signals of a breakout or a pullback.

From a technical standpoint, the 93,500 level currently acts as an important resistance. Short-term rebounds to this area are advisable to consider moderate short positions. If the price breaks through this resistance, a reassessment of the strategy is needed; if it cannot hold above, a pullback to the 92,800-93,200 range is a strong support zone.

Looking further, support levels around 92,100, 91,700, and 91,200 form a deeper support ladder. Overall, this wave of market movement is still in the accumulation stage, and patiently waiting for clear signals is more practical than blind trading.

BTC-1,94%

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FloorPriceNightmare

· 11h ago

I'm tired of hearing about consolidation and accumulation. Every time it's said, but the price still gets smashed. Can 93500 really hold? It feels like a breakout is inevitable. Waiting for a signal? I've lost patience already. I just want to act now. Will this round drop below 91200? I can't sleep just thinking about it. Is shrinking trading volume always a sign of an upcoming reversal? It could also just mean no one wants to buy.

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PhantomHunter

· 11h ago

Another consolidation, waiting and waiting, I'm almost falling asleep at this pace. The shrinking trading volume means no one dares to move, a typical wait-and-see situation. Is 93500 really that strong? It feels like it could break at any moment. Building momentum, building momentum, I wonder when it will be fully built. If tomorrow it's still at this price level, I'll just laugh. According to this logic, I might as well stop watching the market and sleep well first.

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BrokenDAO

· 11h ago

As trading volume shrinks, people start talking about emotional divergence. I've heard this spiel too many times... Every time they say it's building momentum, but what happens in the end? It's still wiped out by a single K-line from a big holder. Do they really think the signals that emerge will be clearer? I learned during DAO governance that there are no absolute confirmation signals—only incentive games among different participants. The crypto world is the same; resistance levels are just a relay baton shared by a group of people.

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ReverseTradingGuru

· 11h ago

Consolidation and accumulation happen like this; patience and waiting for signals are more important than anything else. Don't mess around blindly. I'm used to signals like shrinking trading volume; it's just holding back a big move. If 93500 can't be broken, then keep watching downward; that's standard procedure. To be honest, I dislike this kind of ambiguous market the most. It's better to confirm the direction early. Let's wait and see if it can fall back to 92800; that's the real test.

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GweiTooHigh

· 11h ago

Wait a minute, consolidation and accumulation again. Are you teaching us to be cautious or saying that the market has no direction? With shrinking trading volume, divergence occurs. I'm a bit tired of this logic. Whether 93500 breaks or not, we need to adjust our mindset. Isn't this just armchair strategizing after the fact? It's support tiers and resistance levels again. It feels like everything can be explained. The market is still uncertain, and we investors are even more confused.

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