2026-01-19 22:20:29

#Strategy加仓BTC Morning Market Scan｜BTC Rebounds Weakly, Bulls Struggling

This wave of sharp decline is indeed quite fierce. As of 6 a.m. today, $BTC is around $93,200, down 2.6% for the day, briefly dropping to $91,833 in the early hours. Currently, it fluctuates between $92,000 and $93,500, unable to break through the $94,000 barrier. The bulls and bears are locked in a standoff here.

The situation for $ETH is even more dangerous—currently at $3,200, down 3.4% for the day. After dipping to $3,175, it has been oscillating between $3,180 and $3,220. More alarmingly, over 88% of long positions have been liquidated directly, with volatility surpassing that of Bitcoin.

The total market capitalization has shrunk to $3.13 trillion, and altcoins have also followed suit, falling by 4%-7%. While funds are still holding onto mainstream coins, market sentiment has clearly collapsed.

The reasons for the sell-off are mainly threefold: the hawkish signals from the Federal Reserve have dashed hopes of easing, causing funds to panic and flee; escalating trade tensions between Europe and the US have driven risk-averse capital into gold; and previous leveraged long positions were too concentrated, triggering chain reactions of liquidations once prices fell, amplifying the selling pressure.

From a technical perspective, Bitcoin’s critical support is at $92,000-$92,200. If it breaks below, the key levels to watch are $91,833 and the $90,000 mark to see if they can hold. Resistance above is at $94,000-$94,500; only if it stabilizes there can we consider the downtrend halted. Ethereum’s support is at $3,175-$3,180; if lost, then $3,060-$3,080 becomes the next focus. Breaking through resistance at $3,260-$3,280 could ease the downward momentum.

Trading strategy: $BTC could consider going long around $91,100-$92,100, targeting $93,700-$94,700; $ETH can be entered near $3,130-$3,170, with targets at $3,250-$3,290. The key is whether these support levels can hold.

BTC-0.16%

ETH-0.6%

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OldLeekConfession

· 5h ago

88% of the longs have been wiped out. I just want to know who is playing with fire on leverage this time...

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SatoshiChallenger

· 5h ago

88% long positions directly liquidated? The data speaks for itself; this is the true face of leverage trading. The last time there was such a dense liquidation was last year, and what happened? Half a year cut in half. Ironically, now people are still talking about "technical support levels," as if the market can understand. The lessons of history are right here—every time they say this line must not be broken, but what happens? It's not just me exaggerating; a single finger from the Federal Reserve makes this candlestick chart meaningless.

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BrokeBeans

· 5h ago

88% of longs wiped out. This is so brutal—want to buy the dip but afraid of a crash.

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MetaverseVagabond

· 5h ago

92,000 is back again, and this hurdle just can't be overcome, feeling really frustrated. Over 88% of longs have been liquidated. This wave is indeed fierce, a bit scary. Leverage is stacked so densely, it will collapse sooner or later. You're probably at a loss now. Around 91,100, I need to consider bottom fishing, but I'm still afraid of further drops. ETH has dropped more sharply than BTC. For now, let's stay on the sidelines.

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