2026-01-20 00:44:57

The market has been fluctuating like this, and recently the atmosphere has been a bit heavy. Watching more and acting less is the wise approach. Such market conditions indeed test people; it’s not easy to survive here.

**Bitcoin Status**
BTC is still in a downward trend and has not recovered lost ground. The current market is generally weak, with altcoins and some meme coins wandering around, which is a typical characteristic of a weak market. It’s better to wait and see.

**Ethereum Dynamics**
ETH has already fallen below the key support level of 3200. In the short term, it’s better to observe the situation before making any moves. Interestingly, buy orders have not stopped, and although there are various complaints in the market, the bottom support is still there. This indicates that some people are still positioning against the trend.

**Solana Market**
SOL’s recent performance is also under observation, and further follow-up on its trend is needed.

Overall, the current pace should be slowed down, and action should be taken only when the signals become clearer.

BTC-1,56%

ETH-2,25%

SOL-1,49%

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.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

HodlVeteran

· 6h ago

Oh no, isn't this the same trick I learned my lesson from in 2018? Now it's happening again [laugh] Look more, act less? Easy to say, my hands are itching to move, but I'm just too scared to do anything The bottom is still being absorbed, which means there are still big players involved... I mean, there are still people optimistic, haha This is how a bear market works; only the survivors at the end are the winners. Retail investors, just hold your big tokens and be good This time ETH broke below 3200, brother, I really didn't dare to buy in. Last time I did, I got caught and became the second boss

View OriginalReply0

NFTRegretDiary

· 6h ago

The bottom support is still there, and the courage to go against the trend in this wave of deployment is really bold... I don't understand it, but I'm truly amazed.

View OriginalReply0

HashBandit

· 6h ago

ngl this weak market action is giving me mining ptsd vibes... back in my mining days we'd just weather these dips but tbh the gas fees alone would bankrupt most people rn. eth breaking 3200 doesn't scare me as much as watching that network congestion spike again, literally watching my electricity cost calculations go negative makes me wanna scream

Reply0

CommunityLurker

· 6h ago

The market is dragging on like this, I'm almost falling asleep. Maybe I should wait and talk about it later. ETH broke 3200? It seems some people are still bottom-fishing. I really don't understand this move. This kind of market is the easiest to get chopped up, it's safer to just watch the show honestly. BTC keeps falling? Anyway, I don't have much action, just observe and wait. The bottom buying volume hasn't disappeared, which means the whales are still here. Acting now is just courting death. Waiting and watching truly is the only way out during this period... It's not wrong to say "watch more, move less," but it really tests human nature. I don't care about how SOL is doing; in a weak market, everything is trash anyway. When the crazy coins are rampant, the worst thing to do is to act. There are too many pitfalls. Waiting for clear signals? You might be waiting until the Year of the Monkey and the Horse.

View OriginalReply0

CoffeeNFTs

· 6h ago

It's really a test of patience with the continuous decline and sideways movement. Holding steady without moving is the key, don't be influenced by these meme coins. ETH dropped to 3200, and some are still buying in. This detail is very important. The bottom signals are becoming clearer. Let's wait and see, confirm the signals before jumping in. It's not worth rushing now. BTC hasn't stabilized yet, and this sideways movement of altcoins is annoying. Take it slow, wait a bit before acting. The saying "watch more, act less" is right. I haven't moved recently, just observing SOL's trend. Breaking below support isn't necessarily a bad thing; it could be an opportunity to position against the trend. That's interesting. This market feels like waiting for the bottom; you can't rush it. Slow down and let time do its work.

View OriginalReply0

ApeWithNoChain

· 7h ago

Kept going in circles without rising, I really can't hold on anymore Saying "look more, act less" is easy, but impulsiveness is the norm Did anyone buy the dip after breaking 3200? I really didn't expect this resilience Wait, wait, always waiting for a signal, but the market won't come, and the wallet is empty too

View OriginalReply0