From the 1-hour chart, both Bitcoin and Ethereum are facing a critical technical moment.
The current pattern suggests a high probability of testing the lower support level downward. This is a point that requires close attention. Once this support is broken, the downward space opens up, and it is very likely to directly test the 91,000 level. Conversely, if the lower support holds, then a rebound and rally are highly probable—both possibilities should be watched carefully.
It is worth noting that the ADP employment data released tonight will have a significant impact on the market. During the period around the data release and the US stock market open, the market is likely to be in a consolidation with a slight weakness, and volatility may increase.
Based on this judgment, the current trading strategy is:
- Directly go short, with proper risk control - Bitcoin target at 91,000 - Ethereum target at 3,150
The key at this stage is to confirm the support level and stay sensitive to macroeconomic data. Be prepared for both offensive and defensive moves.
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quietly_staking
· 01-10 09:58
Another support level defense battle, can we hold this time...
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Is the 91000 level really that solid? Feels like every time we mention this, there's a rebound
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ADP data released, volatility explodes, same old story, I dare not chase short positions
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If the lower band breaks, it will directly crash through 91000, sounds intimidating, but in reality...
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Being prepared on both sides sounds good, but the reality is being caught in the middle and taking losses
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Confirmation of support? I just want to know who dares to buy the dip here
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The worst thing is sudden news at night, making all data meaningless
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I see Ethereum at 3150 as doubtful, this wave might break the previous low
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Hold the rebound, if it breaks, continue to sell; these are the only two outcomes. Honestly, there's nothing new
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Everyone entering short now is betting that ADP data will be bad, quite brave huh
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SurvivorshipBias
· 01-08 15:32
Is it going to drop again and again? I feel like I'm waiting for the next support level every day.
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Once the ADP data is out, we have to look at how the US stock market reacts, so annoying.
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Can 91000 really be broken? It feels like this integer threshold is like a curse.
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Short positions are fine, but I'm worried it might just be a false alarm and then suddenly dump the market.
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If this wave holds the support and rebounds, then it's a profit; the key is whether macro data will be strong enough.
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Every time, I say there are two possibilities to watch out for—aren't they both possible? Haha.
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I'll consider bottom-fishing only if Ethereum drops to 3150; for now, I have to wait.
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The evening time window is most feared for flash crashes; set stop-loss orders first.
View OriginalReply0
4am_degen
· 01-07 10:49
Is 91,000 really stable? It feels like they're about to scam long positions again.
View OriginalReply0
SatsStacking
· 01-07 10:44
Is this 91,000 level a real barrier? It feels like breaking through is quite challenging.
Wait, once the ADP data is released, we’ll have to re-analyze the market...
If we can't hold the support, we'll just admit defeat, there's nothing more to say.
Are you really shorting now, or just following the trend?
This lower boundary line, it feels like the market has long since taken it as a joke.
A rebound and rally? Don’t be silly, anyone still daring to chase high now has a big nerve.
Confirming the support level is easier said than done.
Volatility increasing? Perfect time to go all-in? Or should we pull back?
For Ethereum, 3150 has been wandering around recently—why is it always hovering near this level?
Being prepared for both sides sounds good, but I’m just worried about losing on both ends.
View OriginalReply0
GateUser-0717ab66
· 01-07 10:36
91,000 is coming again. Can it really break this time? The previous two times, it got stuck here.
View OriginalReply0
RugResistant
· 01-07 10:29
ngl analyzed thoroughly... that support breakdown would be nasty. red flags detected if we don't hold here tbh
From the 1-hour chart, both Bitcoin and Ethereum are facing a critical technical moment.
The current pattern suggests a high probability of testing the lower support level downward. This is a point that requires close attention. Once this support is broken, the downward space opens up, and it is very likely to directly test the 91,000 level. Conversely, if the lower support holds, then a rebound and rally are highly probable—both possibilities should be watched carefully.
It is worth noting that the ADP employment data released tonight will have a significant impact on the market. During the period around the data release and the US stock market open, the market is likely to be in a consolidation with a slight weakness, and volatility may increase.
Based on this judgment, the current trading strategy is:
- Directly go short, with proper risk control
- Bitcoin target at 91,000
- Ethereum target at 3,150
The key at this stage is to confirm the support level and stay sensitive to macroeconomic data. Be prepared for both offensive and defensive moves.