Recently, I've been watching the BTC candlestick chart, and from a trend structure perspective, it's quite interesting. Based on the current trend, it is quite possible that the price will break through the 96,500 level.



However, I also want to give a warning to friends who are shorting — risk awareness is essential at this point. On the contrary, mainstream coins and altcoins that experienced significant declines earlier are worth paying more attention to. You will find that some assets have already clearly bottomed out technically, and are just at the bottom rebound position within the trend structure. Opportunities like these are still suitable for bottom fishing.

Feel free to share your opinions in the comments section, and let's analyze the market direction together.
BTC-0,14%
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FalseProfitProphetvip
· 5h ago
Is this level of 96,500 really breakable? It seems like those shorting are just throwing a tantrum. Talking about a bottoming rebound is easy, but in actual operation, many suffer heavy losses. Altcoins are really attractive now, but the risks are also extremely high. Shorts should really wake up; whoever tries to catch this rebound won't escape. Mainstream coins do have bottom-fishing value, but I'm just worried about catching it halfway up. The risk of shorting needs to be emphasized twice, or else you'll suffer big losses. Breaking the level is just a matter of probability; no one can give a definite answer. If this bottoming rebound really happens, those who cut losses early will regret it to death. The bottom pattern looks good, but I'm just afraid of a sudden reversal.
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WhaleWatchervip
· 01-10 17:52
I'm also watching the 96500 level, but I always feel like I might miss out. Shorting definitely carries high risk. The current market is a bit strange, but I have seen a few good bottom signals on the altcoin side. Bottom fishing still requires caution; don't get caught by a rebound and get crushed.
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CryptoTarotReadervip
· 01-10 17:45
I've had my eye on the 96,500 level for a long time, just worried it might be a false move again. There are indeed many opportunities for a fake rebound, but I have no spare funds, so I’ve fully committed to BTC.
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MemeCoinSavantvip
· 01-10 17:44
ngl the 96.5k thesis has some merit but the real alpha is watching which alts actually survive the bounce... regression analysis says the correlation breakdown between btc and shitcoins might be statistically significant this cycle
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fren.ethvip
· 01-10 17:36
I'm also waiting at the 96500 level, but I always feel that short sellers are going to suffer losses. The opportunity for a rebound in the imitation coin is indeed there; I'm just worried that it might be a false rally and then disappear again.
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