The recent market has been fluctuating around 94,500, with various opinions circulating—some say it will definitely hold and continue to decline; others believe it will break through soon and the trend will take off. Honestly, such binary judgments are prone to mistakes. The current situation is that the shakeout is ongoing. Although the amplitude doesn't seem large, the liquidation data is quite intense. Don't be fooled into chasing highs or panicking into selling lows by this volatile market.
The market logic is actually quite clear: 94,500 is the current strong resistance level. If the price can stabilize here and break through, the next target is directly at 98,000. So the key point is that before truly breaking this level, no matter how bullish you are, don't rush to chase the high. Conversely, for the bears, 90,500 is an important support line—if it breaks below this, the rebound will be over, and the decline will continue.
As for trading strategies, a more cautious approach is to set an order around 94,500 with a small stop-loss to go short. This way, you can participate in the pullback while managing risk.
Specific suggestions:
BTC: Buy on dips in the 91,500-91,000 range, with targets at 94,000-95,000
ETH: Buy on dips in the 3,210-3,150 range, with a target at 3,300
Remember, this is a rebound, not a reversal. The rhythm is very important.
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PretendingSerious
· 01-07 06:34
Playing back and forth at 94500 again, truly amazing...
Washing out the stops until I go bald, better to watch the support level
No rush, wait until the breakdown to decide
Those who rush to chase always end up getting wrecked
Small stop-losses really need to keep up, otherwise it's easy to get trapped
This wave... rhythm is the key to victory
View OriginalReply0
BasementAlchemist
· 01-06 22:00
The shakeout is so fierce, and the liquidation data is crazy. Be really careful not to get caught.
It's that same set of arguments "definitely hold" and "about to take off" again, hearing it until my ears are calloused.
For the key level of 94500, I really don't dare to chase before it breaks through. It's too easy to become a leek.
A rebound without a reversal, sounds nice, but who knows when the rhythm will change?
Once it falls below 90500, it's over. This line of defense must be well guarded.
Laying in ambush with short positions is indeed stable, but how small should the stop-loss be to avoid losses... that's the real question.
For ETH, buy on dips within that range... honestly, in this kind of market, it's really hard to tell, just depends on luck.
View OriginalReply0
CryptoSourGrape
· 01-06 21:39
He's repeatedly manipulating the market again. It would have been great if I had gotten in earlier... Now chasing the high is really exhausting.
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At this critical level of 94500, it seems like it will continue to consolidate. Anyway, I've already been cut once.
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Looking at this liquidation data, definitely don't follow the trend and chase the rise. That's my lesson.
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If I had decisively gone short yesterday, I would have made a profit. Now I can only watch helplessly.
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Set your stop-loss properly, don't think about soaring to the sky. Be realistic.
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The boundary between this rebound and reversal is really easy to misjudge. I always bet on the wrong side.
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Fighting at 94500 still feels a bit虚, afraid of a sudden plunge.
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If only I had more bullets, now I can only wait passively.
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Let the rebound be a rebound. Don't hold too much hope to avoid disappointment.
View OriginalReply0
PonziDetector
· 01-06 21:39
You're just repeatedly getting chopped at 94500 again, really boring.
#数字资产动态追踪 January 7th BTC/ETH Market Observation
The recent market has been fluctuating around 94,500, with various opinions circulating—some say it will definitely hold and continue to decline; others believe it will break through soon and the trend will take off. Honestly, such binary judgments are prone to mistakes. The current situation is that the shakeout is ongoing. Although the amplitude doesn't seem large, the liquidation data is quite intense. Don't be fooled into chasing highs or panicking into selling lows by this volatile market.
The market logic is actually quite clear: 94,500 is the current strong resistance level. If the price can stabilize here and break through, the next target is directly at 98,000. So the key point is that before truly breaking this level, no matter how bullish you are, don't rush to chase the high. Conversely, for the bears, 90,500 is an important support line—if it breaks below this, the rebound will be over, and the decline will continue.
As for trading strategies, a more cautious approach is to set an order around 94,500 with a small stop-loss to go short. This way, you can participate in the pullback while managing risk.
Specific suggestions:
BTC: Buy on dips in the 91,500-91,000 range, with targets at 94,000-95,000
ETH: Buy on dips in the 3,210-3,150 range, with a target at 3,300
Remember, this is a rebound, not a reversal. The rhythm is very important.