2026-01-17 05:31:22

This rebound rally looks more like a short-term rally for the bears. Focus on the 670-675 range, which is where we want to position our short orders.

Set the stop-loss at 677. Why choose this level? Carefully observe the 4-hour Fibonacci retracement, where 677 happens to be a key technical level. If the price can break through here, it indicates that the bulls' strength exceeds expectations, and we should then exit.

Honestly, in most cases, the market doesn't reach this height and usually turns downward directly below. In the battle between bulls and bears, such technical levels are often turning points. Catching the side with higher probability usually results in more stable gains.

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RugpullTherapist

· 16h ago

The short-term rebound is just a fleeting moment; I've heard this kind of rhetoric too many times, only to be proven wrong... Can the 677 line really hold? It feels quite uncertain. It's Fibonacci again, and a turning point—sounds plausible, but sometimes the market just doesn't follow the usual patterns. Whether this wave can really crash down depends on the trading volume that follows.

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TokenTaxonomist

· 01-17 06:00

nah, per my analysis the fib retrace you're citing is taxonomically incorrect for this timeframe. statistically speaking, 677 reads more like cope than actual support architecture. let me pull up my spreadsheet real quick—data suggests otherwise on that probability estimate tbh

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4am_degen

· 01-17 05:59

I think position 677 is a bit tight. I trust the 4h Fibonacci, but what if there's a sudden surge in orders...

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TokenAlchemist

· 01-17 05:56

ngl, the fib retracement into 677 is solid... but you're betting on *most cases* staying below that? that's where the whole thesis gets shaky imo. what happens when liquidity cascades push through your setup? seen that movie before lol

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AirdropHunterWang

· 01-17 05:55

The 670-675 level really can't hold anymore. Every time it's said to be a critical point, but it always breaks... Daily Fibonacci, if you could make money just by drawing according to it, you'd be rich long ago. This rebound feels like a manipulation by the big players to shake out the weak hands. We've heard this "bulls are just a short-term flash" story too many times. The stop-loss at 677 is set a bit tight, making it easy to be broken through. Feels like we're being set up again. The previous times, everyone said it was the top, but it kept rising. The more probable side... everyone has different opinions on this. Long and short battles are really just a gamble of luck; technical analysis is just self-comfort.

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OnChainArchaeologist

· 01-17 05:46

That level at 677 feels a bit shaky; I think if it can't hold, it'll just drop directly.

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ForeverBuyingDips

· 01-17 05:32

The short-term rebound is just a fleeting moment, I agree with this judgment. I'm just worried that if the 677 level breaks, the bulls might suddenly gather strength, and then it would be a total mess. --- Setting short positions at 670-675 sounds good, but I feel this market is a bit strange, and I have a feeling it might break out beyond expectations. --- Fibonacci retracement is indeed precise, but I still want to see the trading volume in conjunction; just looking at technical levels feels a bit unreliable. --- You're right, the most probable scenario is a direct reversal, but when that probability is high, it's often the easiest time to get liquidated. --- The stop loss at 677 is a bit tight; I usually leave it a bit looser, otherwise, instant stop-outs happen way too often. --- Catching the turning point right can double your gains, but missing it means straight losses. This game really relies on probability, and I can't afford to play recklessly. --- This rebound is indeed a bit sneaky, feeling like the bulls are brewing a big move. Be careful. --- Is there still support above 677? It feels like once it's broken, it could go straight up, and then stopping out would just be giving away money for nothing.

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