2026-01-17 03:21:28

Recently, this wave of market activity has been quite interesting. If you're not careful, the price can suddenly drop sharply, catching bullish traders off guard. Someone even casually invested 1 USDT into the market, but the selling pressure exceeded expectations, and in the short term, 4 has indeed become a stage high.

But upon closer inspection of the market, it seems that the price may not just give up that easily. Although there is short-term resistance, there might still be a chance to test 4 again. However, the current situation is a fierce battle between bulls and bears, with explosive order placements filling the screen. Those who are long are probably close to their limits.

The key question is—will the price rally back to 4, or continue to drop to 2? Can the longs still hold their ground? The current market sentiment is quite delicate, with each support level becoming a focal point of the bulls and bears' contest. This decision will determine the short-term trend direction.

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SilentObserver

· 14h ago

It's the same story again, every time claiming the support level is key, but it still just breaks right through.

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CoconutWaterBoy

· 14h ago

The moment the market crashed, I knew something was going to happen. Bulls really need to wake up. The bears are really ruthless this time. Can 4 hold? Feels like a cliffhanger. How does the guy who entered at 1u feel now? Probably questioning life after losing so much. Will this level really break? It depends on today's trend. Going long is so painful, every time we're just being harvested.

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NFTPessimist

· 14h ago

Here is the translation: --- Same old trick again, bulls need to wake up --- Entering with 1u is really brave, is that all? --- Support levels have all fallen, how to defend? --- Go back to 4? I think it's uncertain, the bottom hasn't been fully explored yet --- Always说微妙 (subtle), but actually it's just the market manipulator smashing --- Full screen of explosive orders flying, indicating someone is cutting --- This time I don't believe in the rebound, let's see how far it can fall --- Long vs. short battle? Isn't it just the market maker bullying retail investors? --- I agree that 4 is the high point, but 2 probably won't stop either --- Can't hold it, this market is too dark --- Another multiple-choice question, I bet it continues to decline

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SeasonedInvestor

· 14h ago

Damn, I got smashed again. I put in 1u and got directly cut for韭菜. This wave is really fierce, not a single support level held. Is there still a chance to test 4 on the chart? Feels uncertain. Wait, do the bulls really have to admit defeat? Brothers, are you still holding now? I’m starting to lose it. This time, it’s really a life-and-death decision, panic. Which to choose between 4 and 2, gambler’s mentality kicking in. 爆单爆单爆单, the screen is all blood. It's a delicate situation, just a dump. Everyone, wake up.

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digital_archaeologist

· 14h ago

This wave of sell-off is really fierce, the bulls are directly pressed to the ground and rubbed. --- Ah shit, it dropped again, my 1u investment is completely lost. --- Can't hold anymore, those who should cut their losses have cut them. --- Still dare to buy the dip? I don't understand this market. --- Feels like trying 4 again, the bulls haven't completely given up. --- Support levels are being broken one after another, is there more below? --- This battle between bulls and bears, with order explosion information flooding in, is uncomfortable. --- Reaching back to 4? Dream on, keep smashing. --- What's the point of being subtle, it's obvious we're testing 2. --- What is the current mindset of the longs? Share your thoughts. --- The market is moving like this, who can predict? Anyway, I'm overwhelmed.

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LiquidatedThrice

· 15h ago

Talking about support levels again, I see they've already been broken through. I didn't expect this sharp drop, people forced to liquidate are probably losing a lot. If it doesn't bounce back to 4, it might head straight to 2, the probability is quite high. The guys who entered at 1u are probably eating dirt now, I advise you not to hold anymore. What support levels are you still watching? Just run away, isn't that better? This round of long vs short battle is ridiculous, massive orders everywhere, totally massive orders. Anyway, I don't believe it can be pulled back up anymore, this time the trap is too deep. Better to go short completely, rather than guessing support levels blindly.

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