2026-01-20 00:10:39

#数字资产市场动态 Yesterday, the market opened with a sharp drop, and the trend clearly worsened. From the perspective of the three-day moving average, this wave is a right-side retracement.

Two key levels to watch closely: the upper extreme at 88903 and the support at 86355. Currently, on the 4-hour chart, the bullish momentum has been destroyed—during the rebound, the price levels of 93.5 and 95 face huge resistance, and no one can break through.

If the 925 line cannot hold, it will immediately test the support around 90,000. That’s the problem: once the upward trend is broken, blindly going long is like a dog being thrown around. Since the overall trend has already weakened, the smartest approach is to trade in the direction of the trend—wait for a high rebound to short, which is the reliable rhythm.

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failed_dev_successful_ape

· 18h ago

Once again, the market is plunging. My market judgment this month is really a mess. Alright, doing short positions on rebounds still sounds more reliable, just worried about being trapped again. I can't understand this bunch of numbers at all, I just know I need to set stop-losses. Why does it always drop right after I buy? So frustrating!

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BridgeJumper

· 18h ago

Another set of professional jargon to confuse people. Anyway, I just know that a drop is a drop, and a rise is a rise.

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RugResistant

· 18h ago

ngl, those resistance levels screaming danger rn... 86k support getting tested? yeah that's the red flag pattern i'm watching. one wick below and we're seeing cascade liquidations fr fr

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OnlyOnMainnet

· 18h ago

It's starting to plummet again, and this time it's really intense. That's right, the bulls have indeed been beaten badly, and the rebounds all die at those few levels. It seems that short positions are the correct approach, waiting for it to drop again from the high levels.

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DefiPlaybook

· 18h ago

According to on-chain data, this wave of pullback indeed exhibits typical right-side breakdown characteristics — the specific analysis is as follows: Once the extreme level 88903 is breached, the validity of the support points below will significantly decrease. Historical data shows that the risk factor for such scenarios is approximately 73%. It is worth noting that the collapse of bullish momentum often indicates a larger trend reversal, and it is recommended to adopt a trend-following short strategy rather than rashly bottom-fishing.

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ContractExplorer

· 18h ago

It’s dropping again, and this time it’s really intense. If we can’t hold around 92, we’ll head straight to 90,000. That will be the real test.

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