2026-01-02 13:21:21

Looking at the recent trend, this wave of Ethereum really makes people feel a bit hopeless. From the macro environment to technical analysis, it seems all bearish. The market always opens high and then drops, rebounds are met with coldness, and it feels like there are pressure levels everywhere. The capital flow is not aggressive enough, and the enthusiasm is declining. Many people have already started reducing their positions, and market sentiment has clearly shifted. If this downward trend continues, the probability of breaking through levels is quite high. I sincerely hope there will be some policies or positive news to turn the tide, otherwise this situation will become increasingly ugly.

ETH-4,54%

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Web3Educator

· 01-05 12:53

ngl eth looking cooked rn... fundamentally speaking tho, let me break this down for my students - this is actually a textbook liquidity squeeze pattern we've seen before

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BearMarketBard

· 01-05 06:40

Here we go again, always complaining when the market is bad. --- Wait, what if it breaks the level? Can it really be saved? --- Reducing positions when the enthusiasm wanes? Brother, are you bottom-fishing or trying to escape the top? --- How many times have we said that it opens high and closes low? Just get used to it. --- It's true that funds aren't aggressive, but it's not our place to worry about policies saving us. --- Pressure levels are everywhere, what about support levels? Just pretend you didn't see them. --- What's so ugly about this situation? Only after falling hard enough will there be a chance to go up. --- People reducing their positions are probably regretting now, betting that a bicycle can turn into a motorcycle. --- I don't know if the probability of breaking the level is high, but the probability of empty talk is 100%.

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DAOdreamer

· 01-02 13:49

Damn, another gap up and then a decline, this rhythm is really incredible. Wait, is this time really going to break the level? Feels like the first two waves said the same thing. Where did all the funds go? Is everyone really this pessimistic? Whether it breaks the level or not, I'm just going to lie flat; I can't bother to fight anymore. Maybe we should gamble a bit and see if we can wait for policy to rescue the market.

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MidnightTrader

· 01-02 13:46

Despair? Wake up, isn't this just the rhythm of cutting leeks? --- Open high and go low, fluctuate repeatedly, feeling like I've been played all along --- Waiting for policies to save the market? Bro, you're too naive --- Funds have all left, the hype is gone, how can we play from here --- If it breaks the level, it breaks the level. Anyway, I'm already numb --- Really didn't expect it to be this bad. If I had known, I would have cleared my position --- With market sentiment like this, who would dare to buy the dip?

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VitaliksTwin

· 01-02 13:32

Good grief, another gap up followed by a decline. I'm really getting tired of it. Where did all the funds go? Breaking the support level is just a matter of time, rebounds are cold and short-lived. How to play this? Waiting for good news? Ha, let's wait and see. We might end up with a crash instead. Honestly, this trend is truly hopeless. It feels like everyone trapped is about to give up. Really? Reducing positions again? If I had known, I wouldn't have chased the highs. Both macro and micro are bearish. This situation is a bit hard to hold on.

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