2026-01-08 10:21:53

From the daily chart perspective, Bitcoin has formed a classic Evening Star pattern, continuing to maintain a bearish outlook. The three consecutive bearish candles on the four-hour chart also indicate further downside, with each rebound still presenting a shorting opportunity.

The recent trend has indeed been a rally followed by a decline, with a continuous downward move, which is normal for some traders who can't hold their positions. But since you've already entered the short train, you must trust your judgment. In the past few days, there have been virtually no signals for long positions; holding short positions steadily could lead to catching a major move at any time.

It is expected to test lower today, and tomorrow, Friday, should focus on the tariff ruling and the major non-farm payroll data. If these negative factors stack up, breaking below 85,000 in Bitcoin would just be a large bearish candle. Honestly, recent volatility has been quite limited, and the market urgently needs a strong large bearish candle or a continuous decline of over 5,000 points to confirm the trend.

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AmateurDAOWatcher

· 01-10 15:10

Twilight Star? Buddy, it looks like it's going to break below 8.5 this time. Hold on to your short positions and don't let go.

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TokenUnlocker

· 01-10 11:26

Just hold the short position steady, this big bearish candle is coming.

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GraphGuru

· 01-10 03:29

The Evening Star is back again. I've heard this explanation so many times my ears are calloused. Every time they say breaking 85,000 is just a big bearish candle, so why hasn't it broken yet?

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CryptoTarotReader

· 01-09 23:55

If the Evening Star pattern really crashes down this time, short positions will be the real deal. --- People who can't hold on now should be regretting it to death. Let's see if this move can be powerful enough. --- If on Non-Farm Payroll day, tariffs are added again, breaking 85,000 is a sure thing. Be prepared. --- Are three consecutive bearish candles still continuing? This rhythm indicates the market is indeed holding back a big move. --- Exactly right, just one strong bearish candle to confirm. Now we just wait. --- Those on the bearish train must hold on. Continuing to look for declines during rebounds is correct. --- Recently, the volatility has been too small, making it boring. Just waiting for that big bearish candle to vent. --- Breaking 85,000 is really just a matter of time. This time, it should happen.

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NoodlesOrTokens

· 01-08 10:51

The Evening Star pattern has appeared three times in a row, sounds like it's about to fall through the sky haha People who can't hold on have already run away, our bears just need to hold on Breaking 85,000 is indeed just a matter of time, and Non-Farm Payrolls day might reveal the real story

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AltcoinMarathoner

· 01-08 10:51

ngl, this evening star pattern feels like mile 18 of the marathon – everyone's questioning if they can finish, but the course doesn't care about doubt. the real test comes when macro data hits friday, not these 4h candle games we're obsessing over rn.

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DYORMaster

· 01-08 10:49

The Evening Star has three consecutive bearish candles again, and the bears do look comfortable... but I'm still a bit hesitant, afraid of a sudden reversal and a sharp drop. Breaking 85,000 is just one big bearish candle? Are you trying to scare retail investors to death? Tariffs + Non-Farm Payrolls double whammy, this Friday's wave could be quite a show, let's wait and see. Honestly, the volatility in this wave is so small it's uncomfortable, just waiting for that powerful big bearish candle. Are you holding your short positions steadily? I’m wondering if I should hold steady or get caught... Every rebound gets crushed, it's really incredible. A drop of 5,000 points? Just drawing a pie here, it still depends on the fundamentals. It's normal not to hold, but those who truly make money are the ones bottom-fishing in panic; whoever believes it will win.

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SocialFiQueen

· 01-08 10:49

Twilight Star, I don't trust you at all. Every time you say the pattern, every time it's the opposite. Let's just wait for Friday's data.

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WhaleShadow

· 01-08 10:32

The Evening Star appears, time to prepare to run away haha

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