2026-01-09 21:22:30

Last night's crypto market was truly adrenaline-pumping — just moments before, Meme coins were flooding social media with dreams of wealth, and then BTC suddenly broke through the 90,000 mark, dropping over 4,000 points in 24 hours, with liquidations echoing across the entire network. Even more bizarre, ETH surprisingly remained steady as a rock, never truly touching the 3000 level. What does this extreme divergence really mean? Is ETH about to take off on its own, or is BTC brewing a bigger move?

First, let's talk about last night's Meme coin frenzy. A new batch of "life-themed" Chinese Meme coins appeared on a certain trading platform, and they indeed confused many novice traders. Users who chased the highs are probably kicking themselves now. I want to emphasize this point again: Meme coins are fundamentally a game of hot money and market sentiment, a game of pass-the-parcel driven by hype, with no real value backing them. Jumping in before they even launch is as dangerous as picking up sparks near fireworks — at best, you'll get burned, at worst, you'll get scorched.

Don't be fooled by the excitement. I often say that in the Meme wave, nine out of ten participants are just fuel, and only a very few can walk away unscathed. But on the other hand, if some targets can withstand deep corrections and fully deflate the inflated bubbles, there might indeed be opportunities. However, the conditions are very strict: you need to withstand intense volatility, maintain strict position discipline, and absolutely not risk your entire net worth. Especially with leverage trading, the current market sentiment is so fragile that a single correction could wipe you out immediately.

Back to the main trend. This drop in BTC was not an accident; there are deeper market dynamics at play behind it.

MEME-1,57%

BTC0,27%

ETH1,03%

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BackrowObserver

· 01-10 17:43

Liquidation sounds everywhere, newbies are being wiped out again, this script is always the same ETH is so strong in supporting the market, feels like something is about to come out Meme coins are just hot potato games, most of the entrants are just fuel, no problem BTC has fallen below 90,000, this time is not simple, there might still be hope later Nine out of ten are burned, it hurts to watch, better to stay far away ETH is so stable, it might be brewing something Leverage traders have probably been wiped out these days, serves them right The market is so extremely polarized, it's a bit strange I didn't even look at the latest batch of Meme coins, it's obviously a trap to cut leeks Few have escaped completely, they're all dreaming of being the next bagholder

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DAOTruant

· 01-09 21:48

Uh... another round of Meme coins scamming retail investors, truly impressive. BTC broke through 90,000 this time, and I knew there would be a bunch of liquidation cries. Now isn't the whole internet full of "I chased the high" jokes? ETH is still steady at 3000. The divergence is too crazy, feeling like the calm before the storm. Leverage trading really is now a gamble for your life. Newbies hear that Meme coins can make you rich and go all in, and now, perfect—fuel for the fire. Nine out of ten are cannon fodder; no one has truly walked away unscathed, except those whales... Washouts can sometimes present opportunities, but you have to withstand such intense volatility. The key is discipline. It seems there's some logic behind this decline, not just a simple correction.

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RunWhenCut

· 01-09 21:47

The sound of liquidation is almost drowning out my laughter --- ETH looks a bit strange, feels like it's holding a big move --- Meme coins are just a harvesting machine, nothing else --- Playing with leverage now is really tiring, a dip and it's wiped out --- Even after breaking 90,000, some still want to buy the dip, their courage is really bold --- Nine out of ten people die, and those who survive didn't make any profit --- There must be funds adjusting positions behind this divergence, it won't happen without reason --- Some people still can't see that Meme is just a shell, brother --- Breaking through with BTC feels like there's still room to go further --- Strict position discipline is so true, but unfortunately 99% of people can't listen

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ValidatorViking

· 01-09 21:44

eth holding the line while btc gets slashed... classic validator move, tbh. meme coins though? that's just consensus failing in real-time, no finality, pure liquidation cascade waiting to happen. seen this playbook before—network stress tests the weak nodes first.

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SignatureLiquidator

· 01-09 21:36

Nine out of ten retail investors end up in Meme, it's about time to wake up When BTC breaks through 90,000, the liquidation sounds are everywhere, this is the cost of leverage ETH this wave is surprisingly stable, feels like something is brewing Jumping in before it goes live? Brother, you're really brave If this shakeout can truly squeeze out the bubbles, then there might be opportunities, but the prerequisite is that you survive until that moment

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MoonBoi42

· 01-09 21:22

It's another scene of rookie investors getting slaughtered. Beginners are still in a daze. When BTC dropped below 90,000, I knew the tragedy of leveraged liquidation was coming again. Poor thing. ETH is really stable. The level of differentiation is just too outrageous. Something feels off. Fortunately, I did my homework last year. I stopped touching Meme coins a long time ago. Let's see what the trend will be next. It's still too early to say anything now.

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