Recently, the trends of Bitcoin and Ethereum have repeatedly signaled short-selling opportunities. Several attempts to push higher failed to stabilize, especially with Bitcoin facing significant resistance around 94,000 and Ethereum above 3,300. Ethereum has provided some opportunities for low-level accumulation, but Bitcoin has not yet offered an ideal re-entry point in this wave.
As of now, both are under downward pressure—Bitcoin has dipped to around 90,900, and Ethereum has touched the 3,140 region. The profit potential for short positions has indeed opened up, and the overall bearish momentum is still being released. The key points to watch next are whether these two levels can hold and whether the price will continue to decline.
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OffchainOracle
· 5h ago
The bears are getting excited. This move is quite interesting, but Bitcoin is stuck tightly. I have a feeling a reverse dump might be coming.
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PerennialLeek
· 6h ago
94000 can't hold, it's really outrageous, and it's another scam...
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Damn, it just dropped again, this wave of bears is really comfortable
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Ethereum is cheap anyway, I really can't tell about Bitcoin at this level
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They keep sending signals every day, when will it truly break down?
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If 90900 can hold, that would be a blessing, but it seems like it will continue to test lower
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Looks like the previous breakdown drama is about to repeat...
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It's great to have built positions at low levels, but what about the coins in hand...
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Bears are making a killing, just worried about a sudden V-shaped reversal
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3140 is still support or continue to break, that's the key
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ShamedApeSeller
· 01-07 18:51
Ha, it's the same old trick, raising the price to lure in buyers and then dump on them
This time Bitcoin really didn't give a chance to make a move, I've already given up
Ethereum is somewhat interesting at the low levels, but I've been trapped and don't dare to chase
Can 90900 hold? Honestly, I don't believe it at all
Let's just be bearish if you want, anyway, there's no hope in holding positions right now
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DevChive
· 01-07 18:51
It keeps pushing up and then crashing down again. I'm tired of this routine; the bears are making a killing.
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BrokeBeans
· 01-07 18:46
Coming back to buy the dip? You couldn't even hold 90,900 and still want to add to your position?
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Layer2Arbitrageur
· 01-07 18:44
ngl the liquidation cascade math here is actually pretty clean. if we're looking at the 90.9k support on btc, that's roughly 320bps away from the recent high—textbook distribution pattern. eth's giving better entry signals though, the gas-optimized bounce zones at 3140 are chef's kiss for flash loan arbitrage windows tbh.
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ValidatorViking
· 01-07 18:42
nah the 94k resistance on btc is looking pretty solid tbh... seen this pattern before during the shanghai fork chaos. network resilience > short-term price action, but yeah the consensus on downside pressure is real rn.
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NotGonnaMakeIt
· 01-07 18:36
90900, this critical level really can't hold, waiting to see the breakdown moment instantly
Recently, the trends of Bitcoin and Ethereum have repeatedly signaled short-selling opportunities. Several attempts to push higher failed to stabilize, especially with Bitcoin facing significant resistance around 94,000 and Ethereum above 3,300. Ethereum has provided some opportunities for low-level accumulation, but Bitcoin has not yet offered an ideal re-entry point in this wave.
As of now, both are under downward pressure—Bitcoin has dipped to around 90,900, and Ethereum has touched the 3,140 region. The profit potential for short positions has indeed opened up, and the overall bearish momentum is still being released. The key points to watch next are whether these two levels can hold and whether the price will continue to decline.