This recent market trend has been quite tough. Last week, it fluctuated all the way from the 942 level, with news and shakeouts taking turns, testing our psychological bottom line.
As the year-end approaches, these fluctuations serve as a clear reminder — follow the trend, and resisting only leads to one outcome. The market control atmosphere is becoming increasingly intense, and deviations from normal patterns are now evident.
Looking ahead, this trend may continue to reverse downward. The January interest rate cut window is about to open, and history shows a pattern — rates are often pushed higher in the first half before starting to decline in the second half. Following this pattern, the market is likely to return to the 8X,000 range. On the technical side, 98,000 and 96,800 are key resistance levels, while support levels to watch are 94,300 and 91,800.
Rebounds that do not break through are not sustainable; this principle must be upheld. Bearish opportunities are right in front of us. A new trend is set to begin next week, as the year-end rhythm accelerates. Let’s work together and push forward!
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StakeHouseDirector
· 7h ago
They're starting to fool the short sellers again. I just want to see if the 8-level can hold up.
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ForkItAll
· 01-18 15:40
Another round of shakeout. Standing firm and resisting really is like giving away money; going with the trend is the true way.
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OnchainGossiper
· 01-17 06:50
Another wave of shakeout is coming, and this time it's really fierce. The psychological defenses are almost breaking down.
Hard resistance is basically asking for death, there's no doubt about that. You have to follow the trend.
In the 8-digit range? That depends on how the interest rate cuts play out. History's temperaments do follow certain patterns, but those patterns can also be broken.
If 94300 can't hold, it's really over.
It's the end of the year and still messing around. It's a bit tiring, but the opportunities are indeed on the bearish side. Keep an eye on SOL.
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GasGrillMaster
· 01-17 06:43
They're fucking shaking out again, this market is really incredible.
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FlatTax
· 01-17 06:30
Standing firm is really asking for trouble. This round of shakeout has completely worn out people's mentality.
Weekend Market Watch
This recent market trend has been quite tough. Last week, it fluctuated all the way from the 942 level, with news and shakeouts taking turns, testing our psychological bottom line.
As the year-end approaches, these fluctuations serve as a clear reminder — follow the trend, and resisting only leads to one outcome. The market control atmosphere is becoming increasingly intense, and deviations from normal patterns are now evident.
Looking ahead, this trend may continue to reverse downward. The January interest rate cut window is about to open, and history shows a pattern — rates are often pushed higher in the first half before starting to decline in the second half. Following this pattern, the market is likely to return to the 8X,000 range. On the technical side, 98,000 and 96,800 are key resistance levels, while support levels to watch are 94,300 and 91,800.
Rebounds that do not break through are not sustainable; this principle must be upheld. Bearish opportunities are right in front of us. A new trend is set to begin next week, as the year-end rhythm accelerates. Let’s work together and push forward!
Stay tuned: $SOL