This recent rebound has been somewhat weak. Bitcoin started losing momentum around 91,600, and Ethereum has been stuck firmly at the 3,150 level.
From a technical perspective, this kind of rebound is actually a retest within a downtrend—simply put, a weak correction. On the 4-hour K-line, the Bollinger Bands have already turned downward. Although there was a small bullish candle attempting to rebound after breaking below the lower band, the moving average system remains weak, and various indicators have not shown any strong signals. Such a trend indicates that once the rebound reaches its limit, it’s an excellent opportunity to short.
The short-term trading strategy remains unchanged: continue to monitor the breakdown of $BTC $ETH $BNB .
The current market remains the same: a rebound is a selling point.
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DeFi_Dad_Jokes
· 13h ago
Starting to say that a rebound is a selling point again, I'm tired of this explanation. How many times can you really miss out?
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LonelyAnchorman
· 01-10 04:45
Is 91,600 no longer motivating? This rebound is really weak; even the Bollinger Bands have turned around, and you're still telling me there's a pullback?
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BlockchainDecoder
· 01-09 08:10
The Bollinger Bands turning downward signal is indeed worth paying attention to. Data shows that the logical chain of a weak correction is indeed valid. However, it must be said that this "rebound is a selling point" conclusion has also failed in history. It is recommended to combine trading volume and the extent of the breakout for a comprehensive judgment, and not to be led solely by a single indicator.
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AirdropChaser
· 01-09 08:10
It's time to sell when it bounces here; it's just a fake.
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PriceOracleFairy
· 01-09 08:02
ngl this bounce is giving exhaustion vibes... btc just huffing air at 91.6k and eth won't break through 3150 like it's cursed or smth
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SatoshiLeftOnRead
· 01-09 07:58
91600 this level is really too weak, it rebounds once and then weakens, feeling like a trap to lure more buyers
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GasWastingMaximalist
· 01-09 07:53
91600 is just stuck? This rebound is really a paper tiger. The Bollinger Bands have turned around, yet people are still licking the chart. I just want to know who else is taking the bait.
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OnchainFortuneTeller
· 01-09 07:51
Once it hits 91,600, it loses momentum. This rebound is indeed a bit weak, and the selling point is right in front of us.
#MSCI未排除数字资产财库企业纳入范围 **Market Review for the Afternoon of January 9**
This recent rebound has been somewhat weak. Bitcoin started losing momentum around 91,600, and Ethereum has been stuck firmly at the 3,150 level.
From a technical perspective, this kind of rebound is actually a retest within a downtrend—simply put, a weak correction. On the 4-hour K-line, the Bollinger Bands have already turned downward. Although there was a small bullish candle attempting to rebound after breaking below the lower band, the moving average system remains weak, and various indicators have not shown any strong signals. Such a trend indicates that once the rebound reaches its limit, it’s an excellent opportunity to short.
The short-term trading strategy remains unchanged: continue to monitor the breakdown of $BTC $ETH $BNB .
The current market remains the same: a rebound is a selling point.