2026-01-20 23:21:28

Ethereum's recent performance has stirred up the market a bit. Price plunges, stop-losses missed, leveraged positions liquidated—this combination has left many people confused. Originally bullish users are now turning bearish, market sentiment has shifted from cautious observation to panic, and there's even a hint of anger.

The intensity of this wave of volatility indeed exceeded expectations. In a high leverage environment, problems are more likely to occur, and the stop-loss mechanism is almost ineffective in such sharp market movements. Investors are generally cautious about Ethereum's short-term trend, with more and more pessimistic voices emerging. The market generally believes that after this round of "shakeout," rebuilding confidence will take time, and there may still be further declines or a phase of long-term consolidation and bottoming. In the short term, there is insufficient momentum for a rebound.

From a technical perspective, there are several points worth noting today:

**Regarding Bitcoin**, if it retraces to around $88,000, consider gradually entering long positions, with a target of $90,000. Of course, risk control and dynamic adjustment of stop-losses are essential.

**Regarding Ethereum**, the $2910–$2940 range has some rebound potential. You can try a light long position with a target near $3020. But be flexible and adjust accordingly to avoid getting caught in chasing highs and selling lows.

ETH-6.81%

BTC-3.52%

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RumbleValidator

· 3h ago

The stop-loss mechanism is essentially useless, and this point is very accurate. Under high leverage, the stability of validation nodes is also affected, raising concerns about network reliability. The wave of liquidations still reflects the fragility of the consensus mechanism. If you ask me, rebuilding confidence is less important than stabilizing the node operation and maintenance system. The 88,000 price level is indeed verifiable, but the data credibility needs to be re-verified. Don't be fooled by the illusion of a washout. Staking yields are now almost unattractive, and this is the real crisis. I'm skeptical about the 2910 range; the technical analysis is not yet sufficient, and it feels like a trap to induce a price drop. High leverage should be condemned; fundamentally, it destroys decentralization. No matter how efficient, it's all in vain. The so-called dynamic stop-loss adjustment sounds good, but in reality, it's just an excuse for exchanges to leave room for profit-taking.

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BlockchainFries

· 3h ago

Here comes the shakeout again, and this time it's really fierce. Leverage traders are probably about to pop champagne again. Entering @88000@ to buy Bitcoin, do you gamble or not? ETH has dropped so much this round that I'm confused. Can we still trust the technical analysis? Oh my god, I'm about to cut my losses again. When will these days end? Entering @2910@? I'll watch for now, afraid of getting trapped. Stop-loss is truly ineffective; high leverage is just gambling with your life. The bearish voices are getting louder; the rebound is weak. Wait for the rebound to get in again; buying now is a bit foolish.

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ShibaSunglasses

· 3h ago

The market is starting to shake again, and this time it's quite intense. Another group of people got caught by leverage; serves them right. High leverage makes it easy to die. Buying the dip at 88,000 sounds a bit tempting. Let's wait and see. Can 2910 hold? That's the key. Friends who got liquidated, remember to be lighter next time. Short-term, it's still unpredictable. Wait for the signals. Stop-loss is a joke in a fast-moving market. Market sentiment is too poor; the rebound is still far away. Take it slow, don't rush to buy the dip. This is how the chives are harvested. Another round of harvesting. Are you the one doing the cutting or the one being cut?

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CryptoWageSlave

· 3h ago

Once again, a liquidation, and this time it's really brutal. High-leverage players are probably going to be wiped out this time. Buying the dip at 88,000 for Bitcoin feels risky; better wait and see. Maybe I should just keep lying low on ETH, can't afford to mess around. Stop-losses are useless—so true, really. Can 2910 rebound? I don't believe it anymore; no need to say more. Leverage will eventually blow people up; it's better to keep a light position and stay comfortable.

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NftDeepBreather

· 3h ago

Another wave of liquidations, I'm exhausted from watching it all. Leverage is truly poison; stop-losses are almost useless haha. Entering Bitcoin at 88,000, do you gamble or not? Try a small position in the 2910 range, don't be greedy. This round of shakeout will probably take several weeks to recover. The bullish traders have all turned bearish; this is just how the market behaves.

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ReverseTradingGuru

· 3h ago

88,000 to bottom out sounds good, but I'm just worried about getting trapped again and again Here comes the manipulation again, can we believe it this time? Leverage traders are panicking, indeed Is Ethereum really that stupid this time? 2910 does have some substance, but I'm still hesitant No one is left in the contract anymore, they've all run away The more bearish voices there are, the more it probably means a rebound is coming Why does it feel like it's always like this, then it continues to fall Stop-losses are truly useless, I've experienced it firsthand

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ReverseTrendSister

· 3h ago

For those who got liquidated, don't worry, wait and see what happens at the bottom. Here comes another round of chopping the leeks, numb to it. Entered BTC at 88,000, bought ETH at 2910 at the bottom, who finds it easy to say? High leverage should be washed out, no wonder the market. This round, it’s probably going to range sideways for another two months. Why be anxious? The bottom will always come. The stop-loss mechanism is just a joke; when the market moves significantly, it’s practically useless. Are those turning bearish really smart? Honestly, it still feels like it will continue to fall.

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