2026-01-02 22:21:19

The market is still repeatedly testing that high level, and it's really hard to say how far this rebound can go. From the four-hour chart, Bitcoin touched the recent high again last night, but was sharply pushed down, leaving a long upper shadow. What does this indicate? The selling pressure above is still quite strong, and the downward momentum is gradually accumulating. Ethereum has been performing relatively well these days, with a relatively clear rebound pattern, but to be honest, it is mostly following Bitcoin's lead and lacks independent judgment. Now that Bitcoin pulls back, Ethereum's momentum also wanes. Overall, in the short term, it is still advisable to follow the trend and go short at high levels, but be prepared at all times, because this position is quite volatile.

BTC-2,45%

ETH-3,91%

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PessimisticOracle

· 01-04 04:27

It's another high-level pull, really annoying. The long upper shadow of Bitcoin is telling us that the big players are not done yet. Ethereum's following behavior is indeed a bit embarrassing, showing no independence at all. Short-term shorting is possible, but I'm already prepared to run at any moment.

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SchrodingersPaper

· 01-02 22:50

Here we go again, here we go again, it's that long upper shadow again. I'm almost sick of watching it. Is Bitcoin just going to keep teasing us like this? The selling pressure above is strong, while the momentum below is slowly building... Listen to this term, industry insiders use it too, but my account is still in the green as hell. ETH is following Bitcoin closely behind. I shouldn't have had hope for it; I should have just gone all-in on BTC. Now the situation is so unpredictable, high or low... I really can't tell for sure.

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DeFiVeteran

· 01-02 22:41

Another long upper shadow appears, this time it really feels like it's going to take root here. Bitcoin keeps fluctuating like this, making it hard to sleep. Ethereum has no temper, completely following the trend. It can still fly a little longer at high altitude, anyway, I won't hold it for long. This position can collapse at any moment, so be careful.

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SchroedingerAirdrop

· 01-02 22:40

Here comes another attempt at a high point. After being smashed down so many times, still testing? That's a bit stubborn. --- Ethereum follows the trend, really can't come up with its own ideas. --- This position is indeed risky, mainly short-term, but gotta run at any moment. --- With so much selling pressure, why rebound? Feels like it needs to break further later. --- Long upper shadow is already out, still dare to short? I'm scared. --- Let's wait and see, whether this rebound has reached its limit is uncertain. --- When Bitcoin relaxes, Ethereum tends to droop. Forget it, don't watch it anymore. --- I believe in the accumulation of momentum, but the selling pressure is even stronger, who can't see that? --- This position is obviously a trap to deceive many, be careful. --- Repeated testing is just to smash it down, gambling on a high.

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MEVVictimAlliance

· 01-02 22:39

The long upper shadow wave is back again, same old trick It's always Bitcoin drops and Ethereum wilts, really speechless This level is indeed very unpredictable, I dare not chase anymore

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