2026-01-08 16:50:11

The bulls are still here, waiting for the opportunity to re-enter!

The recent pullback? It's not a trend reversal; it's just the market digesting chips and paving the way for the next wave of gains—a normal consolidation. Shake out the floating positions, clear the trapped orders, and then it can rally again.

My judgment is very clear—bullish outlook remains unchanged. The most important thing now is to observe whether the second wave pullback can confirm the support structure.

Conservative traders can do this: don't rush to enter the market, wait for the pullback to stabilize completely. As long as the key support at 885 holds, you can gradually build long positions. For those worried about missing out or missing the trend, you can lightly establish the first batch of positions in the range of 89,800 to 90,300, securing a good position in advance.

The market has been oscillating for several days, and the sentiment should be released. Tomorrow's non-farm payroll data is very likely to be the trigger, and the bulls are likely to create another wave of momentum based on this news. When that happens, a new main upward wave could begin.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

22 Likes

Reward
22
6
Repost
Share

Comment

0/400

TeaTimeTrader

· 01-10 12:03

If you can't hold 885, you have to admit defeat. Don't tell me about a second wave retest; if your mindset collapses, all support is useless.

View OriginalReply0

DegenWhisperer

· 01-09 18:24

885 is really a steel gate? Feels like it breaks again and again. Can it hold this time?

View OriginalReply0

FlatTax

· 01-08 17:20

885 holds firm or dies trying, easy to say... Can we really avoid breaking this time? I have a feeling the non-farm payrolls will surprise us.

View OriginalReply0

AirdropBuffet

· 01-08 17:17

If 885 can't hold, this round of correction won't be just a shakeout. --- Waiting for non-farm payrolls and support again, why isn't my account recovering yet haha. --- Missing out is more painful than losing money. I'm just sitting with a small position around 89800. --- The recent fluctuations have been really damn torturous, but the bullish logic still holds. --- If 885 breaks, I'll just close my eyes and not look. --- Wait, wait, wait, when will that "opportunity" come? I'm already tired of waiting. --- How many times have we said that non-farm payroll data will save the market? Is this one for real? --- With so many support levels, surely one can save the day haha.

View OriginalReply0

GasWrangler

· 01-08 16:57

technically speaking, if you actually analyze the mempool pressure right now, this whole "support at 885" thing is demonstrably false — the real macro pressure sitting at those levels is mathematically inferior to what we saw in the previous cycle. ngl the narrative here is sub-optimal, people keep missing the actual transaction flow data that would prove this out empirically.

Reply0

fork_in_the_road

· 01-08 16:50

885 won't break, just hold tight; sooner or later, it will rise. Let's see the real move on Non-Farm Payrolls day.

View OriginalReply0