2026-01-08 08:33:21

Recently, this round of market movement has been quite interesting. Both Bitcoin and Ethereum have precisely touched their previous target levels, with Bitcoin alone gaining over 1800 points in a single move. Currently, the weak market pattern is becoming more and more apparent, and the upcoming trading rhythm needs to be adjusted.

The main idea remains bearish, but with one prerequisite—do not blindly chase short positions. If you haven't entered the market yet, it's better to wait for a correction opportunity before entering. As long as you follow the clear trend direction closely, there will naturally be opportunities to profit.

From the 4-hour chart, Bitcoin has effectively broken below the key support levels of 90800-90300. This position now turns into resistance. On the hourly chart, several long upper shadows have appeared consecutively, indicating that the bulls are under significant pressure. The indicators are also signaling bearishness—MACD has formed a death cross above the zero line and entered the oversold zone, while RSI remains steadily below the neutral 50 level. Multiple signals pointing in the same direction suggest that the bearish momentum is indeed accumulating.

In the short term, the 90800-91200 zone is the key resistance area. If the price cannot break through this level consistently, it will likely continue downward, with the next psychological level at 89000 becoming a critical test. Once 90000 is completely lost, the support focus will shift down to the 89000-88500 range.

The trading strategy for Bitcoin is to short on rallies, focusing on the performance around the 90800-91200 resistance zone, with the target near the 89000 level.

For Ethereum, consider short positions in the 3150-3180 range, targeting around 3070-3030.

BTC-1,9%

ETH-3,25%

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GasFeeCrier

· 01-11 01:53

Is it just over 1800? I feel there might still be hope ahead. Keep watching but don't follow me into the short positions. Can the 89,000 level really hold? It's a bit uncertain. If you want to go short at 3150, be decisive. Those who hesitate will get eaten. Wait for the correction before getting on board. This wave's rhythm definitely needs to slow down. Breaking the level is just breaking the level. Don't bother with any psychological constructions.

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MetaLord420

· 01-10 06:09

I agree with shorting this wave at the high; I'm just worried it might be a repeated shakeout. It depends on whether 89000 can hold steady.

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GasFeeCrier

· 01-09 17:53

It's the old routine of shorting on rallies again. Bro, why are you so confident this time? The bearish momentum is so obvious; I feel like 89,000 is the real test level. Taking down over 1800 points directly, this wave's rhythm is indeed clear, but I still want to wait for a lower position to get in. Is losing 90,000 a done deal? I don't think so. With such short-term pressure, is it really impossible to break below 89,000? The indicators are bearish, I believe, but the market's fluctuations are still quite tricky. Shorting on rallies sounds simple, but executing it is a nightmare. This round of market movements has been incredibly accurate; I'm just worried about being caught off guard. 89,000 must hold, or all this bearish momentum will be wasted.

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NFTArchaeologist

· 01-08 09:03

The logic of shorting on rallies is indeed sound; the key is to be patient and wait for the correction, don't be fooled by the rebound.

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DataChief

· 01-08 09:01

1800 points are gone just like that, the bears are indeed a bit fierce, hurry up and hold the 90000 level 2. It's the same old routine of waiting for a correction, easier said than done 3. The death cross has appeared, still expecting a rebound, dream on 4. 89000 is a litmus test, feels like this wave will break through directly 5. Shorting on rallies is correct, just worried about a reversal at the right time 6. Entering short at 3150 ETH, feels a bit awkward at this position 7. The bullish pressure is so obvious, why are some still bottom-fishing? 8. Indicators are all signaling short, this time the market is really here 9. Can 90800-91200 really hold? I have some doubts 10. The promised opportunity to make profits, but still have to wait

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ForeverBuyingDips

· 01-08 08:56

Over 1800 points just disappeared, do we have to keep going down this time? My luck in bottom fishing is really tested. 2. Here we go again, bearish accumulation, death cross, oversold... I'm tired of hearing these words. Only a few people can really eat the meat. 3. Not blindly shorting is a good point; the key is how to judge when to get on board. 4. Once 90,000 is lost, it will directly rush to 89,000. This pace is a bit fast, everyone. 5. Waiting for a correction opportunity? Now is the time to bottom fish, okay? The historical lows are always missed in hesitation. 6. If Ethereum drops back to 3030, I will go all-in. This price is indeed interesting. 7. The whole number is really a psychological barrier. It seems this wave is indeed dominated by bears. 8. Shorting on rallies sounds easy, but in actual operation, your hands will still tremble... 9. Multiple signals pointing in one direction? Feels like this was said a few days ago too, but then it suddenly surged. 10. 89,000 is a touchstone, but what about 88,500? 88,000? Will it really fall this deep?

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NewPumpamentals

· 01-08 08:54

Once again, precise timing is key in this trading game. Wait for the 90800 break confirmation before entering, don't rush to buy the dip. The feeling of bearish accumulation is real; the data is right here. Can 89000 really hold steady? It's a bit uncertain. If Ethereum also follows this move, there could be some drama. It feels like there are still plenty of opportunities to profit from this dip. Breaking through 1800 points directly, going with the trend is indeed reliable.

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LonelyAnchorman

· 01-08 08:36

The short-term move is indeed steady, just worried retail investors chasing high and reversing. That 89,000 level must hold, or it will be really awkward. Wait for the correction to enter? Let's watch, there's plenty of time anyway. The MACD death cross signal is quite clear, but don't tell me it's another fake-out. Short ETH at 3150? Feels a bit early... I've been observing this weak market pattern for several days; it's really time to adjust the rhythm.

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