Yesterday, the entire day’s rhythm was firmly controlled by the bears. The price once surged to around 93815 in the early session, then immediately entered a volatile weakening mode. The ferocity of this round of bears is evident. After touching the bottom at 90634 in the early hours, there was a slight sign of rebound. Currently, the coin price is stuck around 91300.
Switching to the four-hour chart. The Bollinger Bands have formed a clear downward channel, with the K-line continuously probing near the lower band, and several rebounds were sharply pushed down by the bears. In simple terms, it’s a weak market structure, with no suspense. The price, along with the moving averages, is trading sideways at a low level. If there’s any hope for an upward move… it’s hard to see. The short-term trend has long been dominated by the bears. The MACD death cross continues to extend downward, clearly signaling a bearish trend.
As for trading suggestions, consider entering short positions around 92000. Setting take-profit targets at 90500-90000 for a safer exit. The key is to follow the trend and avoid contrarian trades. Focus on whether key resistance levels will be broken.
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ContractBugHunter
· 14m ago
Such a fierce short? Just go short at 92,000 directly, anyway, just follow the trend.
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fomo_fighter
· 01-08 06:30
The short-squeeze frenzy has started again, and everyone is stunned. The 92,000 level is indeed tempting, but I still chickened out and didn't dare to enter, afraid of being wiped out by a rebound.
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Web3ExplorerLin
· 01-08 02:30
hypothesis: what we're witnessing here is essentially a digital silk road collapse scenario... bearish pressure consolidating across oracle networks like some sort of Byzantine consensus failure tbh. the 92k short setup? reminds me of how liquidity pools resist asymmetric flows—when one side gets too heavy, the whole bridge architecture destabilizes, ngl
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FadCatcher
· 01-08 02:29
With such fierce bearishness, is it really safe to enter a short position at 92,000? I'm scared...
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BlockchainTherapist
· 01-08 02:26
The bears are so fierce, entering short at 92,000 still feels a bit safer, but be careful not to be shaken out.
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OnchainHolmes
· 01-08 02:10
The bears are so fierce, is 92,000 really going short? It feels a bit risky, worried about getting trapped.
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MEVHunterLucky
· 01-08 02:00
The bears are so fierce. Entering a short position at 92,000 is indeed a trend-following move, but bro, your take-profit is a bit too greedy. In this kind of market, a rebound can easily be countered with a reverse move...
#以太坊大户持仓变化 Bitcoin 1.8 Daily Market Observation:
Yesterday, the entire day’s rhythm was firmly controlled by the bears. The price once surged to around 93815 in the early session, then immediately entered a volatile weakening mode. The ferocity of this round of bears is evident. After touching the bottom at 90634 in the early hours, there was a slight sign of rebound. Currently, the coin price is stuck around 91300.
Switching to the four-hour chart. The Bollinger Bands have formed a clear downward channel, with the K-line continuously probing near the lower band, and several rebounds were sharply pushed down by the bears. In simple terms, it’s a weak market structure, with no suspense. The price, along with the moving averages, is trading sideways at a low level. If there’s any hope for an upward move… it’s hard to see. The short-term trend has long been dominated by the bears. The MACD death cross continues to extend downward, clearly signaling a bearish trend.
As for trading suggestions, consider entering short positions around 92000. Setting take-profit targets at 90500-90000 for a safer exit. The key is to follow the trend and avoid contrarian trades. Focus on whether key resistance levels will be broken.