2026-01-14 06:24:12

The Tuesday closing rally was quite good, with the price once reaching 96,800. The morning surge was quite significant, but from a technical perspective, such rapid increases usually require a consolidation period afterward. Typically, there won't be a quick retracement following Fibonacci correction levels in the morning; instead, the price tends to consolidate sideways at high levels, and the specific retracement timing will depend on the afternoon performance.

Regarding the subsequent trading strategy, a retracement indeed presents a good opportunity to add positions, but the premise is to focus solely on long positions. The profit potential for shorts has been squeezed almost dry, and the larger-scale upward trend has not yet fully unfolded, so there's no need to chase short positions. From the weekly chart perspective, a rebound is brewing, and if further downside occurs, it will only find strong support at the key levels of 98,800 and 101,300.

In the intraday view, the 95,000 level is critical. If the price does not break below this support during a retracement, traders holding partial positions can consider doubling their holdings. Taking profits between 95,750 and 96,800 is more reasonable, as 96,800 is already the absolute high within 24 hours. According to retracement patterns, after a rally of over 5,000 points, a pullback of 2,000-2,500 points is within the normal technical range.

Ethereum is somewhat lagging behind Bitcoin, with resistance at 3,380 today. As long as it can hold this level, the next target can be the 3,600-3,796 range, where there is no particularly strong resistance within the 300-point space. The key to this rally is to hold onto the positions and not be scared out by volatility.

As for SOL, there's no need to go into detail; just watch the 156 and 168 levels. Overall, the bulls still have a chance for a decent rally.

ETH-0,41%

BTC1,31%

SOL-0,29%

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.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

MeaninglessGwei

· 01-14 06:49

The surge to 96,800 was indeed fierce, but now it's consolidating, right? If it can't break 95,000, add to your position. I agree with this logic.

View OriginalReply0

FundingMartyr

· 01-14 06:48

The wave at 96,800 was indeed pretty good, but it's during this consolidation period after a rapid surge that the true test of patience comes.

View OriginalReply0

BlockTalk

· 01-14 06:41

96800 this wave is indeed fierce, but I'm more concerned about whether 95000 can hold. If it holds, continue to add; if it breaks, I need to think about how to exit.

View OriginalReply0

MergeConflict

· 01-14 06:39

This level at 96,800 is really crucial, but I still think whether 95,000 breaks or not is the true touchstone.

View OriginalReply0

AllInAlice

· 01-14 06:29

96800 That wave is indeed exciting, just worried that the sideways movement in the morning might wear out the mentality. Speaking of the bears, there's really no profit in this round, so it's better to stick to long positions. If 95000 can't be broken, I'll double down; if it breaks... we'll see haha. --- I saw the lag in Ethereum early on; if 3380 can't hold, it will be awkward. --- Talking about holding positions again, it's easy to say, but who can stick with it during the volatility? --- Is 96800 definitely the peak? I feel like it might still go higher. --- I've already memorized those two levels for SOL, just waiting. --- As long as the bulls have a chance, I'll go all in, betting it won't fall. --- A 5000 rise followed by a pullback of over 2000, I've heard this pattern too many times, but timing is hard to grasp. --- Still, we need to see how the afternoon performs; such rises in the morning are unreliable.

View OriginalReply0

PhantomHunter

· 01-14 06:27

96800 that wave is indeed good, but the most testing period for your mentality is during the consolidation after a rapid surge. The key is not to be shaken out by the volatility. --- The bears are already losing steam, chasing short positions now is just fighting against yourself. --- As long as the 95000 level isn't broken, adding positions is indeed an opportunity, but I'm just worried about not having any coins. --- Ethereum is falling behind again. When will it catch up? If this continues, the gap will only widen. --- It's easy to say hold your positions, but you'll know how uncomfortable it is when you're hit with a 500-point drop. --- This bullish trend depends on whether 95000 can hold. If it breaks, don't expect any rebound. --- SOL, this little guy, just stick to watching those few key levels, since the ups and downs are always around there. --- 96800 surged up and then came back down. It feels like this back-and-forth is just draining the bulls' patience. --- How long will this sideways movement last? It's getting really annoying to watch. --- The key is not to be scared out. This small correction is nothing at all.

View OriginalReply0