Source: CryptoNewsNet
Original Title: Solana, XRP, ETH Extend Losses as Bitcoin’s $91K Support Back in Focus
Original Link:
Bitcoin hovered around $92,000 on Friday after another failed attempt to break above $93,000 overnight, extending the choppy, directionless structure that has defined the past several sessions.
The move reinforces the same pattern that has held since late November of sellers defending the mid-$93,000s, buyers stepping in near $91,000, and neither side gaining enough momentum to establish a clear trend.
The one-month chart shows BTC still locked inside a descending structure from early November’s highs, with the latest rebound producing another lower high. Price peaked near $93,500 before rolling over, keeping the broader corrective pattern intact.
Momentum remains soft, and intraday recovery attempts are fading quickly — a sign that liquidity is still thin above current levels. A clean break below $91,000 would expose the next support pocket at $90,000–$90,500, while bulls need to reclaim $93,200 to invalidate the short-term downtrend.
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.
16 Likes
Reward
16
5
Repost
Share
Comment
0/400
NFTRegretter
· 21h ago
Back to tug-of-war around 91K again, this game is going to drag on forever.
View OriginalReply0
SerRugResistant
· 12-05 07:57
Is 91k about to be lost again? Feels like we've just been bouncing around 92k these past few days...
View OriginalReply0
AirdropHunter420
· 12-05 07:53
Uh, it dropped again. This $91K really is a destined place.
View OriginalReply0
AltcoinTherapist
· 12-05 07:41
Back to the tug-of-war around 91K again, this kind of market is so frustrating.
Bitcoin Consolidates Near $92K as $91K Support Comes Into Focus
Source: CryptoNewsNet Original Title: Solana, XRP, ETH Extend Losses as Bitcoin’s $91K Support Back in Focus Original Link: Bitcoin hovered around $92,000 on Friday after another failed attempt to break above $93,000 overnight, extending the choppy, directionless structure that has defined the past several sessions.
The move reinforces the same pattern that has held since late November of sellers defending the mid-$93,000s, buyers stepping in near $91,000, and neither side gaining enough momentum to establish a clear trend.
The one-month chart shows BTC still locked inside a descending structure from early November’s highs, with the latest rebound producing another lower high. Price peaked near $93,500 before rolling over, keeping the broader corrective pattern intact.
Momentum remains soft, and intraday recovery attempts are fading quickly — a sign that liquidity is still thin above current levels. A clean break below $91,000 would expose the next support pocket at $90,000–$90,500, while bulls need to reclaim $93,200 to invalidate the short-term downtrend.