2026-01-13 02:27:40

The current market is presenting a typical bearish suppression pattern. The sell orders above are dense, and every rebound encounters heavy resistance, with the bulls clearly unable to break through. From a technical perspective, the momentum of this wave has completely tilted in favor of the bears.

The performance on the 1-hour K-line is very intuitive. The price repeatedly oscillates around the key position of the middle band of the Bollinger Bands, which acts like a string being constantly tested. Once this support line is thoroughly broken, a dam-breaking decline will occur, and the short-term downward pressure will be quickly released.

In such a market environment, blindly chasing rebounds is like licking blood on a knife's edge, with extremely high risks. The trading strategy is very simple—stay firmly bearish, don’t overthink it.

Specific price references:

For BTC, the 91500-92300 zone is a short-term resistance area. If it fails to hold, the support levels below are 90500-89300.

The situation for ETH is similar; 3100-3150 is a key recent level. Once broken, the target drops to the 3050-2950 region.

BTC-0,73%

ETH-0,23%

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MEVHunterWang

· 6h ago

The metaphor of "biting the knife edge" is perfect. Now chasing the rebound is just a pure gift.

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FlashLoanLord

· 23h ago

The phrase "刀口舔血" is used perfectly. Entering the market now is indeed a gift. It's not wrong to be bearish.

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ForkInTheRoad

· 01-14 05:50

You're starting to talk down again, always saying it's a dam-breaking decline. And what happened? It really dropped, then it rebounded, and you say it's a good buying point. I'm tired of this kind of rhetoric. Still the same advice: don't be brainwashed by technical analysis. Watching the market yourself is more reliable. Whether 91,500 breaks or not, you have to see it with your own eyes. The support levels others talk about are often just areas to harvest the chives. A bearish suppression pattern? I actually feel like bottom fishing a bit.

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just_here_for_vibes

· 01-13 02:57

Here comes the same old story of short-seller suppression... Every time, they say the rebound will die, but what happens? It's just repeated testing. I'm already numb to it.

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MerkleMaid

· 01-13 02:51

Are you bearish again? Is this wave really going to break 91,500? Feels like I've been calling it for a long time.

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RumbleValidator

· 01-13 02:49

The middle band of the Bollinger Bands repeatedly tests, and this signal couldn't be clearer. The data is right here; once the support is broken, the entire logical chain is broken.

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DefiPlaybook

· 01-13 02:39

What is the current probability of the middle band of the Bollinger Bands being broken? Based on data from the past 30 days, such dam-break style declines typically result in a 15-22% drop range, indicating a relatively high risk factor. --- Honestly, the 91,500 level has little reference value. During rebounds, it's always said this way, but the results often prove otherwise. According to on-chain data, focus should still be on liquidity distribution. --- Not to mention anything else, chasing rebounds from a protocol design perspective is inherently counterintuitive. Historical data shows the success rate is no more than 28%. Why are people still so eager? --- It’s worth noting that the term "dam-break style decline" itself carries an overinterpretation. It is recommended to verify technical signals from multiple dimensions; relying solely on the 1-hour K-line's conclusion is actually quite limited. --- How was the target range of 3050-2950 derived? Can the specific analysis logic be explained, or are these just a few numbers? --- According to recent weekly contract data, although short positions are leading, they haven't created an overwhelming advantage. There is still room for a market reversal, so don’t be brainwashed by a single technical indicator.

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AirdropHuntress

· 01-13 02:31

The middle line of the Bollinger Bands is about to break if it gets poked again. At that point, just wait and see a dam-breaking-style plunge. Keep an eye on the 90500 defense line. If it breaks, head straight for 89300. Rebound and sell-off, data shows the bulls are already exhausted. ETH is about the same; if 3100 can't hold, it will go straight down. Don't be greedy, don't think about bottom fishing. The bears are too fierce.

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rugged_again

· 01-13 02:29

Going down again? I'm already trapped and at my wit's end. If it drops again this time, I'll really go all in on a short.

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Layer3Dreamer

· 01-13 02:29

theoretically speaking, if we model the bollinger band dynamics as a recursive state verification problem... the liquidation cascade they're describing is basically what happens when your L2 bridge loses interoperability parity. kinda beautiful in a destructive way ngl

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