2026-01-08 10:25:28

Bitcoin recently retreated to the previous breakout point around $91,100. From the market perspective, although there are signs of support, the overall holding performance is average, and the selling pressure above has not been effectively alleviated. Currently holding long positions near $91,100, with a key defense line at $89,000—if broken, it is necessary to reduce positions in time. For friends who have not yet entered the market, it is recommended to gradually allocate within the $87,000-$89,500 range.

The situation with Ethereum is similar. The rebound after being oversold is quite limited, and the short-term key is whether $3,080 can hold. If this level is effectively broken, it means that the current rebound may end prematurely, and close monitoring of subsequent movements is required.

BTC0.02%

ETH0.14%

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RatioHunter

· 17h ago

89,000 has been broken, really need to reduce positions. Such poor support, still want to hold? ETH 3080 is just like this, the rebound is a bit weak. Around 87,000, you can slowly try to buy in. If the level is broken, go all in directly. No more gambling. This round of support is too weak, it seems like it will continue to decline.

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RetailTherapist

· 01-09 03:34

Is the 89,000 level really unbreakable? It feels like the support is so weak... Is it possible for 87,000 to be directly broken? I dare not think too much about it. Ethereum is even worse; the 3080 probably can't hold until next week. It looks painful. With such a weak rebound, maybe I should consider taking some profits and stepping back.

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TokenEconomist

· 01-08 10:55

actually the sell pressure dynamics here are textbook supply-demand imbalance... think of it this way—when btc can't hold above 91.1k despite support efforts, it's basically institutional accumulation failing at resistance, ceteris paribus ngl the 89k floor feels more psychological than fundamental tho, but yeah liquidation cascade risk is real if breached

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LowCapGemHunter

· 01-08 10:49

Holding this position at 89,000 is really crucial; otherwise, there won't be much support left. It feels a bit risky.

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ImpermanentPhilosopher

· 01-08 10:43

If 89,000 really can't be maintained, then there's no point anymore.

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GasWrangler

· 01-08 10:33

honestly, if you're analyzing the on-chain data, the support holds around 89k are demonstrably weak rn... the mempool's literally screaming sell pressure. technically speaking, your risk/reward at 87-89.5k is sub-optimal unless you're running some kind of mean reversion algo, which most retail clearly isn't.

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