2026-01-07 10:21:56

The evening session BTC and ETH are once again fluctuating. Yesterday they surged higher, but today they are starting to decline again. Are some friends unable to resist chasing short positions? Don't worry, we've seen this pattern before—buying on the rise gets crushed, and chasing shorts today also requires caution.

On the Bitcoin side, the upper resistance at 94500 is a tough fortress, and the key support at 90000 is crucial. As long as it doesn't break through 94500, the market can't be considered truly strong. This current upward move is just a buildup of short positions before liquidation. Conversely, as long as it doesn't fall below 90000, the rebound isn't truly over; in simple terms, it's a pullback after a rally.

The intraday strategy looks like this: for short positions, try at the 94500 level, or wait for a pullback to around 94000 or 94500 before entering. There’s also a chance around 96000, but only shorting at high levels offers enough risk-reward. As for long positions on the downside, focus around 90000, looking for entry opportunities at 91500 or 90500. Once it effectively breaks below 90000, cut losses immediately. Avoid participating in the ambiguous zone in the middle, as it’s just a daily shakeout, making everyone uncomfortable.

Regarding Ethereum, the resistance levels are at 3350, 3400, and 3450. Engaging in short positions at these levels has a higher probability of taking profit. But right now, it has already pulled back, and the key is where the support levels are below. Keep an eye on 3180, 3130, and 3050—see where the decline can truly be halted, then consider betting on a rebound.

BTC-0,99%

ETH-2,2%

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CascadingDipBuyer

· 4h ago

It's the same old trick, messing around every day, I'm exhausted. Shorting? I got trapped last time I went long, so this time I'll just watch. If 94500 can't be broken, don't bother whispering about a rally, a bunch of retail investors have been washed out. If 3180 can hold, consider entering; otherwise, keep watching the show. These daily swings at these levels, the quick-handed ones have all been cut, just wait for a clear signal. Is 90000 really a strong support? It feels like it can be pushed up every time. Shorting at high levels is indeed tempting, but as soon as the market turns, you have to admit defeat. Forget it. ETH has some value to participate in after this drop; those levels above are all traps. Messing around back and forth, just waiting to see who breaks first; once broken, then decide. The middle zone should really be avoided; it's just a washout machine that relies on this to make a living.

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WagmiWarrior

· 01-07 10:50

I'm tired of this routine every day. I haven't even learned yesterday's lesson yet. It's probably going to be manipulated again. Between 90,000 and 94,500 is just a meat grinder.

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LonelyAnchorman

· 01-07 10:49

Here we go again with this pattern—buying long yesterday and shorting today. Truly can't seem to learn.

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RealYieldWizard

· 01-07 10:49

It's the same story again. Be careful, guys chasing the short positions, you might get caught in a trap.

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MEVictim

· 01-07 10:39

Here we go again with this routine, always seeing a top at 94500 every day. It's really getting annoying.

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Liquidated_Larry

· 01-07 10:24

Here we go again? I was already badly fooled by this washout yesterday. Looking at this trend today, I’ll just admit defeat and give up, sitting on the sidelines and watching.

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