2026-01-07 17:30:33

#数字资产行情上升 The cycle of the crypto world is like a pendulum, swinging back and forth. Some face heavy pressure at high levels, while others are accumulating strength at low levels; some are scared out by volatility, while others wait patiently for a turnaround. The key is not when to enter the market, but whether you can maintain your rhythm amid fluctuations—staying clear-headed during euphoria and holding firm during panic.

Wednesday’s market action was indeed quite interesting. Bitcoin gradually retreated from the morning high of 93825, only stabilizing after touching the evening low of 90987. Ethereum also didn’t escape unscathed, falling from 3301 to 3142 along with the broader market.

From a technical perspective, the four-hour chart shows a stair-step downward trend, with the price already back above the lower Bollinger Band. The three Bollinger lines are evolving into a parallel open shape. This position is quite intriguing—selling volume is clearly waning, and although there are attempts to test the lower band support, judging by the trading volume, bears are unlikely to break through the support convincingly. The probability of a rebound is increasing.

The one-hour chart also reveals clues. Three consecutive bearish candles, with the price hugging the lower Bollinger Band. Although there were attempts to break below the band, the price didn’t hold steady underneath. Combining past trend patterns, the 90500 level is a key point for bulls to mount a comeback. Before this level is broken, a rebound can still be expected.

$ETH

Technical suggestions:
Bitcoin can consider a long position in the 91000-90500 range, targeting 93000.
Ethereum can consider a position in the 3100-3130 range, with a target of 3250.

BTC-0,13%

ETH-1,85%

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AlphaBrain

· 01-07 17:58

It goes up and down, this is the normal state of the crypto market. The pendulum theory is somewhat interesting, but to be honest, I think most people are just gambling. The 90500 level is indeed critical; I acknowledge the signal of bearish exhaustion, and a rebound should have a chance. Holding the rhythm sounds good, but who can stay calm during a panic? The lower band of the Bollinger Bands hasn't stabilized at all; it feels like the bulls are about to rise. 93000 seems a bit far away; let's focus on 91200 first. If this wave doesn't rebound... never mind, I don't want to think about it, just hold on. Three consecutive bearish candles are not scary; what's scary is the subsequent trend.

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MemeCurator

· 01-07 17:47

It keeps falling again and again, always the same excuse. Rebound, rebound, but still no rebound. --- I've heard the pendulum theory so many times it’s worn out. Still, it all depends on real volume and momentum. --- I've heard 90500 so many times as a key level; it feels like a curse. --- Bear exhaustion? The last time I heard that, I got trapped for three months. --- Stick to the rhythm. It sounds easy, but if your mindset collapses, you simply can't hold on, brother. --- The Bollinger Bands are about to speak again. I really can't praise their prediction accuracy. --- Bullish comeback? I think we need to survive this downward wave first. Who can do that with just talk? --- 3250? Let’s forget about that. I just want to break even and exit. --- Every time, it’s a critical support level. Yet, the critical support can’t even hold. I’m fed up. --- Wednesday’s market action was so chaotic that my stop-loss was triggered again.

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NonFungibleDegen

· 01-07 17:47

ngl the bounce setup does look spicy rn... but also every time i think i see the reversal pattern it fakes me out lmao. 90500 support or cope?

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ProofOfNothing

· 01-07 17:45

Really, this wave of decline, if timed well, is actually an opportunity. If the 90500 level can't be broken, it should rebound, right?

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JustHereForMemes

· 01-07 17:38

The pendulum theory sounds pretty cool, but when it comes to your own account plunging? Hehe, clarity and conviction both have to step aside. Wait, is the short seller exhausted? Then why is it still dropping? I feel like I've been cut. That key level at 90500... Honestly, I don't really believe it anymore. I'm afraid of being trapped. Rebound, rebound, every day rebound, but it just won't bounce. This Bollinger Band lower band setup, I said the same thing before, and what happened? It keeps crashing. Bullish layout? I think I'll just close my positions first.

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