2026-01-05 04:27:07

On Monday's opening, gold and the stock market generally moved higher, and the cryptocurrency market also followed suit with a rebound. How long this rally can last remains to be seen. The biggest risk in trading is chasing gains and selling on dips—missed long positions should wait for a pullback before re-entering; if you take the wrong position, cut losses decisively and don't hold onto false hopes. Last Friday's short positions ( Bitcoin in the 89500-90500 range and Ethereum at 3100) were stopped out. Over the weekend, the market moved sideways with consolidation, and expectations for the trend have diminished.

From a technical perspective, Bitcoin's weekly K-line shows a moderate positive candle, with the Bollinger Bands still opening downward, but the MACD bearish momentum is shrinking, and the KDJ and RSI have already turned upward—this rebound should not be ignored. On the daily chart, a small arc bottom has formed, with a steady support at the middle band, followed by four consecutive bullish candles. After breaking through the 91,000 resistance level, it surged to around 93,380. The previous high of 94,400 will definitely be tested, but it’s unlikely to hold—this is where the most concentrated short positions are lurking, and also a key stop-loss area.

Overall, the focus should be on protecting capital during pullbacks; if you can free yourself from positions, do so first—this is the survival rule in the crypto world. The routine of chasing highs and pulling back has been overused; don’t be fooled by superficial surges. Patience and waiting for genuine low points is the right approach.

ETH0,54%

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OnchainSniper

· 01-08 01:17

It's the same old trick again. It's highly unlikely that 94400 will be broken. Where is the bear army defending?

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GameFiCritic

· 01-07 19:50

To be honest, the sustainability of this rebound is concerning. The Bollinger Bands opening downward combined with shrinking bearish momentum seem positive but lack real incremental support—this is just like the false prosperity of those pump-and-dump projects, with superficial gains masking weak fundamentals. The key resistance level at 94400 is a typical market clearing point; the more intense the short-sellers' defense, the greater the cost of a failed rebound. Instead of chasing highs, it's better to define your stop-loss levels and risk tolerance. This is the balanced strategy that professional traders employ.

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BlockchainArchaeologist

· 01-07 15:39

Here we go again. This rally feels a bit fake; the 94,400 level is indeed a dead threshold.

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SnapshotBot

· 01-05 09:15

94400 that critical level looks quite tough; the bears are defending too fiercely. Let's wait until a real breakdown occurs. --- Once again, stopped out. This week's market has been truly crazy, feeling like gambling. --- Ladies, don't chase anymore. The low hasn't come yet; be patient. --- The Bollinger Bands are still opening. Want to run at the rebound? Dream on. --- Cut losses at retracement to preserve capital; that's the real trick to staying alive and exiting. --- Holding the line at 94400, if it can't break through, it will continue to retrace. Let's wait and see. --- Not acting over the weekend actually made a profit. Those chasing highs probably got wiped out. --- Breaking 91000 was somewhat interesting, but that wall at 94400 probably won't be broken. --- Our crypto circle is like this—rally high, then crash down. We've seen through it long ago. --- KDJ turning upward? I think it's just exhaustion. Don't be fooled.

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SoliditySurvivor

· 01-05 04:57

It's the same old trick of pushing up and then pulling back. My short position was directly beaten last Friday. Once again, I almost got caught off guard. I just can't seem to hold the 94,400 level. Knowing when to take profits is the key; don't be greedy. How long can this rebound last? I always feel it's pretty fake. The decreasing MACD is a good detail, but I'm still cautious. I'll withdraw first out of respect.

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FlashLoanLord

· 01-05 04:56

Another wave of cutting leeks, 94400 really can't hold, I've seen through it long ago. Hey, I also got caught in the 89500 wave, damn it. Still waiting for the real bottom, jumping in now just makes you the sucker. Once it breaks 91000, there's nothing to watch, ready to dump. This rebound trick is too old, even veterans won't fall for it. KDJ turning upward means nothing, it still needs to fall, not feeling so optimistic. Just want to preserve capital, don't be greedy, wasn't the last lesson enough?

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WenMoon

· 01-05 04:49

It's the same trick again; only if 94400 can truly stabilize will it be believable.

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NightAirdropper

· 01-05 04:44

Come to this set again, 94400 to see the air force defense line, and it will not be the same smash when the time comes, don't be deceived

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PerpetualLonger

· 01-05 04:42

Oh my god, this rebound has pushed me even deeper into the trap. Chasing highs with full positions is really reckless. Wait a moment, let me take another look. 94400 will definitely break through. The bears are probably going bankrupt this time. I promised myself that next time I will buy the dip at a lower point. I swear I won't chase highs again this time.

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