Bitcoin continues its downward trend tonight, briefly touching a low of 90987 before rebounding. It is currently stable around 91300. There have been two consecutive bearish candles today, with a total decline of over 2700 points.
From a technical perspective, tonight's Bitcoin resistance is in the 91500-92000 range. If there is a lack of upward momentum to break through this level, it may fall back to test support levels around 90500 or even 89500.
Ethereum moves in sync, currently oscillating around 3180-3200. The resistance level is also clear, with support seen at 3130-3100. Short-term fluctuations within this range are the main trend, and traders should watch for breakout opportunities.
Market conditions change rapidly, so specific trading decisions should be made based on your own risk tolerance.
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MetaMasked
· 6h ago
It's dropping again... This rhythm is really a bit annoying, feels like we're on a roller coaster every day.
If it can't break through, it'll just fall further, it's not the first time.
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InfraVibes
· 01-09 10:24
Down again and then rebound, such deep tricks
If it can't break 92K this time, it will have to keep exploring downward
ETH is still fluctuating, so annoying, can't it just give a direction?
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ServantOfSatoshi
· 01-07 16:52
Down and rebound again, this rhythm is really amazing, feels like it's oscillating back and forth around 91300
That low point at 90987, it feels like it could be pierced again at any moment, really can't withstand the pressure level
Two bearish candles with 2700 points, was cut out in a circle while still asleep
That critical support at 89500 must hold, or it will be awkward
ETH is running like drool, if it drops below 3100, I'll just lie flat
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RebaseVictim
· 01-07 16:49
Both falling and rebounding, this market trend is indeed a bit torturous
Wanting to break through 92,000 but unable to do so, feeling like this resistance level is a ceiling
Can 89,500 hold? I'm a bit worried
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GasWhisperer
· 01-07 16:44
mempool's screaming right now... those 2700 point drops always come before the real moves, ngl. watching that 91500 level like a hawk tracks gwei spikes. if it folds here, 89500 becomes the siren song everyone's chasing.
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PositionPhobia
· 01-07 16:42
It dropped again, this rhythm is really killing me
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Over 2700 points, woke up to find another property gone
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If 91500 can't hold, should I just smash it down to 89500? I choose to keep lying flat
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Technical resistance and support levels, everyone is right but I still lose money, what should I do
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Ethereum follows the trend downward, can't it have its own independent movement?
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I just want to know when the bottom will be, stop messing around
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Short-term volatility is the main theme, long-term theme is losing money
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SnapshotStriker
· 01-07 16:39
2700 points are gone directly, this wave of volatility is a bit fierce
89500, do you want to try it too? Feels like it's not over yet
Staying up late to watch the market again, when will this day end
If it can't break through, it has to go down, same old story
ETH is following along as a side runner, no one can run away
Bitcoin continues its downward trend tonight, briefly touching a low of 90987 before rebounding. It is currently stable around 91300. There have been two consecutive bearish candles today, with a total decline of over 2700 points.
From a technical perspective, tonight's Bitcoin resistance is in the 91500-92000 range. If there is a lack of upward momentum to break through this level, it may fall back to test support levels around 90500 or even 89500.
Ethereum moves in sync, currently oscillating around 3180-3200. The resistance level is also clear, with support seen at 3130-3100. Short-term fluctuations within this range are the main trend, and traders should watch for breakout opportunities.
Market conditions change rapidly, so specific trading decisions should be made based on your own risk tolerance.