Bitcoin is indeed experiencing a tug-of-war correction around the 95,000 mark. The recent rally from 91,000 to 98,000 has been quite good, with an increase of nearly 8%, but it has started to pull back recently. The key level now is between 94,000 and 95,000; I believe it’s highly likely to hold. If it can stay steady here, breaking through 100,000 shouldn’t be a problem later on. Conversely, if it breaks below this support, it might drop directly to around 93,000.
To put it simply, we are currently in a typical bottoming phase. Each time the bottom is slowly rising, which fully aligns with previous trend judgments. The bottom gradually lifting indicates that, despite some volatility, the overall direction remains stable. In fact, dips are opportunities to buy; there’s no need to overthink this.
By the way, I want to vent a bit—recently, market enthusiasm has indeed cooled down. The traffic has dropped significantly, feeling like it’s been cut in half. Since mid-October, the overall atmosphere has changed. I don’t know if everyone has just gone to play meme coins or if some people have really exited the market. This correction phase is definitely testing patience.
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.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
liquidation_watcher
· 7h ago
95,000 is indeed a critical level, but to be honest, with the current low enthusiasm, I feel a bit uneasy.
I'm just worried that the bottom hasn't been solidified yet and everyone might have already run.
Meme coins do drain funds, but I'm still waiting to see if we can hold on.
This moment really tests people's patience; it's a bit frustrating.
If it truly breaks below 93,000, we'll have to admit defeat. We'll see then.
View OriginalReply0
TokenomicsDetective
· 13h ago
If you can't hold 95,000, it will directly drop to 93,000. This wave of market行情真是磨人
---
Cutting traffic in half is right; everyone has gone crazy for meme coins
---
The bottoming phase is a test of mentality; I agree that a decline is an opportunity
---
Before breaking 100,000, there will definitely be repeated attempts; it takes several tries to go from 94,000 to 95,000
---
Speaking of which, after the market has been cold for so long, are there really still people坚持吗
---
The logic of each bottom lift is valid only if it doesn't fall below 93,000
---
Meme coins吸血确实,mainstream coins'热度冷得不行
---
That wave of rise to 98,000 with an 8% increase has all been recovered. Can we still be optimistic?
View OriginalReply0
DisillusiionOracle
· 13h ago
9.5K is a critical point; if it can't hold, it will really drop to 9.3
---
I've heard too many times about the bottoming phase; every time they say it's a stable result, right?
---
The traffic is indeed gone, and that's the most heartbreaking part. Meme coins are crowded, but here it's just people shouting buy signals.
---
Is a decline an opportunity to get in? Easier said than done, who knows where the next bottom is.
---
The atmosphere really changed after October; it feels like the entire ecosystem has cooled down.
---
If 9.4 can't hold, it will break directly; don't listen to those nonsense about bottoming out.
---
Wow, here we go again talking about bottoming and rising; every round they say that, and every round it hits a new low.
View OriginalReply0
0xInsomnia
· 13h ago
Just grind it down if you want, anyway I've already laid back and relaxed, patiently waiting for 100,000.
View OriginalReply0
AirdropDreamer
· 13h ago
95,000 is indeed a tough hurdle, but I still remain bullish.
Oscillating adjustments are normal; let's just stay calm and wait for 100,000.
The market is cold, but smart people are lurking. Meme coins will eventually return to BTC after the leek-cutting phase.
The bottoming phase tests your mentality the most; those who truly make money will take action during this time.
View OriginalReply0
rugged_again
· 13h ago
If you can hold this level at 95,000, then 100,000 is guaranteed, but I'm more concerned about how to play the meme coin side.
View OriginalReply0
CryptoCrazyGF
· 13h ago
95,000, can we hold it? I think we need to watch the trend over the next couple of days; it feels uncertain.
The hype around meme coins definitely drained the enthusiasm; everyone has gone to buy the dip in dog coins.
When it drops, that's the time to get in. Easy to say, hard to do.
View OriginalReply0
gaslight_gasfeez
· 13h ago
It's really not that important whether you can hold 95,000 or not; the key is not to keep telling me that 100,000 is just around the corner.
Cutting traffic in half is correct; it feels like the entire community has died, and there are still too many people playing meme coins.
Let it bottom out if it will; anyway, I can't run away, so I'll just lie flat and watch the show.
It's always the same argument: buy the dip every time it drops. Why do they say the same thing every time?
Bitcoin is indeed experiencing a tug-of-war correction around the 95,000 mark. The recent rally from 91,000 to 98,000 has been quite good, with an increase of nearly 8%, but it has started to pull back recently. The key level now is between 94,000 and 95,000; I believe it’s highly likely to hold. If it can stay steady here, breaking through 100,000 shouldn’t be a problem later on. Conversely, if it breaks below this support, it might drop directly to around 93,000.
To put it simply, we are currently in a typical bottoming phase. Each time the bottom is slowly rising, which fully aligns with previous trend judgments. The bottom gradually lifting indicates that, despite some volatility, the overall direction remains stable. In fact, dips are opportunities to buy; there’s no need to overthink this.
By the way, I want to vent a bit—recently, market enthusiasm has indeed cooled down. The traffic has dropped significantly, feeling like it’s been cut in half. Since mid-October, the overall atmosphere has changed. I don’t know if everyone has just gone to play meme coins or if some people have really exited the market. This correction phase is definitely testing patience.