Recently, the market has indeed been somewhat weak. To be honest, the overall rhythm is not very ideal.
The key point remains this sentence — the top of the previous 4-hour consolidation as a watershed. Once it breaks below and fails to recover, it returns to the original level, which is an old rule.
**Bitcoin Situation**
From January 13 to January 3, Bitcoin has been oscillating repeatedly. It previously broke through to 940, then retraced. In extreme cases, the 890 level must be held — this is the bottom line. If 890 also breaks, it will head straight to the lower boundary of 865-870.
Conversely, if 890 holds, the bulls still have a chance. As long as 915 can stabilize, the bulls can regain strength, and even push towards 930 or 950 is possible. So, 915 is an extremely critical level — the dividing line between bulls and bears.
**Ethereum Situation**
The logic is the same. After breaking out of the consolidation zone to 3300 and then retracing, the extreme level is 3000 — this major threshold must be defended. If 3000 cannot hold, it will fall back to the lower boundary of 2900.
3150 is a key point for Ethereum. If it can stabilize above 3150, the bulls will have a chance to turn around.
**Strategy Tendency**
From the current technical perspective, it is more inclined to wait for a rebound to short. If the market rebounds, that’s a good opportunity to short.
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FlyingLeek
· 01-10 10:38
890 can't be broken to survive, otherwise there's really no hope
915 this line must be held at all costs, or it's game over
Waiting for a rebound to go short, this wave is a bit tough
3150 hang in there, brother, don't drop anymore
Consolidation for so long, the rhythm is really messed up
890 this hurdle feels a bit risky
When the market rebounds, just sell, it's that simple
Bitcoin can't hold at 915, I'll just go eat noodles
It's hard for the bulls to recover, look at this momentum
3300 dropping below has little support
It's another situation of waiting for a rebound to short, a routine move
View OriginalReply0
BagHolderTillRetire
· 01-09 14:49
915 hold on tight, or you'll really have to go home
890 if broken, head straight to the next support, this wave is a bit risky
Short on the rebound? Waiting to see, feels like a wave is coming
3150 looks quite critical, whether ETH can turn around depends on this
The rhythm is indeed uncomfortable, been consolidating for so long
The boundary between bulls and bears is right here, let's see who loses patience first
915, 3150, just remember these two levels
890 must hold, or it will really be over
Listening to a short on the rebound bounce sounds good, just worried about being caught off guard during the rebound
This wave feels a bit tiring, wait for the opportunity
View OriginalReply0
MerkleMaid
· 01-09 14:45
890 and 3000 really need to hold, or it will be embarrassing
Wait for the rebound to short again, there really isn't much opportunity in this wave
915 is the real watershed, need to keep a close eye on it
This rhythm of Bitcoin is really annoying, consolidating every day
Only if it stabilizes above 3150 will the bulls have a chance, it's still early
Shorting on rebounds sounds smooth, just worried about false breakouts
View OriginalReply0
MagicBean
· 01-09 14:42
If you really can't hold onto 890 and 3000, just go straight to hell.
View OriginalReply0
ruggedSoBadLMAO
· 01-09 14:34
Breaking 890 probably means heading straight to 870. This wave is a bit tough to handle.
If 915 doesn't hold steady, there's really no hope. Bulls need to work harder.
Wait for a rebound before opening a short position. It feels like the right path.
That 3000 level is too critical. If it's broken, it's game over.
The rhythm isn't quite right; the market's a bit frustrating to trade.
View OriginalReply0
DAOdreamer
· 01-09 14:30
The 890 and 3000 support levels really need to hold, or it's game over.
I've been watching ETH at 3150; once it rebounds to this level, it's time to act.
Bitcoin's momentum is indeed weak, and the entire market is sluggish.
If 915 can't be broken, the bulls can still survive, but I'm skeptical.
Wait for a rebound before shorting; this move should be more stable.
View OriginalReply0
NeverVoteOnDAO
· 01-09 14:29
Lines 890 and 915 are really the life and death lines. Once broken, there's no hope.
Speaking of the rebound to 915 and then dropping again, the profit from this short position should be pretty good.
It feels like we can't hold this 3000 level anymore; we've come this far.
Wait for a rebound before entering the market again; chasing the high is the easiest way to get trapped and killed.
Is 890 really that critical? It seems like there's still enough momentum to go down.
If it stabilizes at 915, it might turn around? I think it's uncertain; this rebound might be fake.
If the bulls still have a chance, they would have already rebounded by now.
Let's wait and see; it feels like there's still room for a further drop.
Recently, the market has indeed been somewhat weak. To be honest, the overall rhythm is not very ideal.
The key point remains this sentence — the top of the previous 4-hour consolidation as a watershed. Once it breaks below and fails to recover, it returns to the original level, which is an old rule.
**Bitcoin Situation**
From January 13 to January 3, Bitcoin has been oscillating repeatedly. It previously broke through to 940, then retraced. In extreme cases, the 890 level must be held — this is the bottom line. If 890 also breaks, it will head straight to the lower boundary of 865-870.
Conversely, if 890 holds, the bulls still have a chance. As long as 915 can stabilize, the bulls can regain strength, and even push towards 930 or 950 is possible. So, 915 is an extremely critical level — the dividing line between bulls and bears.
**Ethereum Situation**
The logic is the same. After breaking out of the consolidation zone to 3300 and then retracing, the extreme level is 3000 — this major threshold must be defended. If 3000 cannot hold, it will fall back to the lower boundary of 2900.
3150 is a key point for Ethereum. If it can stabilize above 3150, the bulls will have a chance to turn around.
**Strategy Tendency**
From the current technical perspective, it is more inclined to wait for a rebound to short. If the market rebounds, that’s a good opportunity to short.