#以太坊大户持仓变化 January 7, 2026 Morning Market Outlook

The current chart looks like a classic arc bottom—continuous bullish candles have certainly boosted bullish sentiment. But a closer look at the past movements reveals a different story: prices are pushed up quickly, only to be sharply dumped again in the early hours. Rise → Pullback → Rise again, this cycle repeats over and over. It may seem aggressive, but in reality, it’s just a shakeout at high levels—deeply strategic and quite damaging.

Now, the price is approaching the key resistance line at 93,500. The historical significance of this zone has long been proven—the "nightmare line" of false breakouts. From a technical perspective, the bears still hold the upper hand: the short-term moving averages have already formed a death cross, exerting real pressure on the upside; volume has not increased with price rises, showing a clear divergence between volume and price; high-level arbitrage positions are piling up, and any upward push encountering resistance will immediately trigger a surge of selling pressure.

In simple terms, this rebound is more like a regrouping opportunity for the bears rather than the start of a trend reversal. The real incremental funds have not yet confirmed entry, so caution is still necessary—don’t be fooled by the short-term rally illusion.

Trading Strategy
Between 92,900 and 93,500, focus on whether it will face resistance; consider shorting in parts.
Key levels below: first watch 91,500–91,000; if it breaks down effectively, keep an eye on the 90,000 support level.
$ETH $BTC $BNB