【Mid-Day Technical Review】



Bitcoin surged yesterday and has held steady above the 90,000 level today, but honestly, this trend does seem quite weak. Looking at the market performance, it’s less about having a clear trend and more about "searching for stop-loss orders." The 90k region is heavily stacked with long positions, and a break below could trigger a chain of liquidations. The real shorting opportunity should be above 95k.

From a logical perspective, mainstream coins are currently in a downward trend. Once this trend is established, counter-trend operations are akin to fighting against the wind. The magnitude of the previous rally indicates the potential space for a correction—the market’s balancing law. Key support levels are now quite clear: Bitcoin’s target is around 87,000, and Ethereum’s second-tier target is near 2,900. The downward momentum is still present, so caution is advised when bottom-fishing.

**Short-term Trading Strategy:**
- **Mainstream Coins**: Consider short positions if rebounding to the 908-914 range, targeting 909-890
- **Ethereum**: Short positions can be taken if rebounding to 3150-3180, with a target of 3090-3000

In a weak market environment, following the trend is always the first rule.
BTC-1,88%
ETH-3,94%
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gas_fee_therapyvip
· 01-11 07:27
It seems like the 90k barrier is really hard to break, the short opportunity is coming Going against the trend is just asking for death, we have to accept this drop 87k? I bet it can break through Rebound and short, don’t be soft Everyone who’s bottom-fishing is losing money, no wonder why I followed the short above 908, just watching In this mainstream coin rhythm, it probably only counts if it breaks the level If Ethereum drops to 3000, I’ll buy in, can’t touch it now Following the trend is simple, just watch it fall and dare not buy, it’s uncomfortable Saying Bitcoin will hold 90k sounds nice, but actually it’s just out of energy Breaking 90k isn’t the problem, the real question is what happens after The real short opportunity is at 95k, it’s still early Short-term looseness, this market is really hard to make money I agree with the chain liquidation part, too many trapped positions Brothers bottom-fishing, really don’t get impulsive now In this weak market, it’s most comfortable to reverse and short I’m waiting for the short at 3150-3180, no rush
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CoinBasedThinkingvip
· 01-11 05:34
The 90k barrier really feels insurmountable, why is it so soft... It's the same old balancing rule, sounds nice but how many people can really catch the bottom? Short positions are set, just waiting for the rebound moment. 87k seems a bit far, but the trend is right here, there's no way around it. Ethereum 2900? Let's see when the time comes.
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NFTArchaeologistvip
· 01-08 07:58
90k hold steady, what the hell, this is just looking for a bag holder Weakness is weakness, rebound and then crash, there's really nothing to overthink 87k is the target, anyone rushing in now is just a leek Following the trend and shorting is the way to go, fighting against the wind will only get you wiped out Short at 3150, going down means money Bottom fishing? Wake up, everyone, the decline is still far away Breaking 90k and the chain liquidation can't be avoided, I'll just watch Mainstream coins are now moving steadily downward, don't expect any rebounds Before 87k was just an illusion, just wait patiently
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WhaleMistakervip
· 01-08 07:52
The 90k level feels like it could break at any moment. The bulls have accumulated so many positions here; once it drops, it could trigger a chain liquidation. I'm a bit scared. Following the trend is the way to go; operating against the trend is just asking for death. Let's see if 87k can hold this wave. If there's a rebound, sell it off. Don't think about bottom fishing now; bottom fishing right now is really just gambling. 95k is the real shorting opportunity. This wave at 90k looks like a harvest. The law of balance is correct. After pulling so much earlier, the downside space must also be large. The idea of looking for stop-loss orders is brilliant; it's completely fishing for long stop-losses. The entire market is weak; there's nothing to worry about. Just follow the trend. Ethereum dropped to 3000; this is the real bottom. Don't move now.
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DarkPoolWatchervip
· 01-08 07:46
Being in a weak position means going with the trend; going against the wind is just asking for death.
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DefiVeteranvip
· 01-08 07:44
Being in a weak position is just that—weak. Don't fool yourself; if you can't hold 90k, you have to accept it. Can we really see blood at 87k after this drop? It feels like we're going to go through another round of shakeouts. There are so many long positions piled up; it's actually a dangerous signal.
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AirdropHunter420vip
· 01-08 07:32
90K, what's the point of holding steady? It's obvious they're looking for a sucker to take over, just waiting for a breakdown to finish it off. Coming to advise me to go with the trend again? Last time I followed the trend, I lost five figures. This time, I'll just watch. 87K? I bet five salt coins I won't reach it. If it rebounds, it'll be a bust. Be cautious when bottom-fishing +1. I've already fractured my hand three times. I'll take the 908 short position, but if it's just a false breakdown, I'm done for.
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