2026-01-13 02:27:40

The current market is presenting a typical bearish suppression pattern. The sell orders above are dense, and every rebound encounters heavy resistance, with the bulls clearly unable to break through. From a technical perspective, the momentum of this wave has completely tilted in favor of the bears.

The performance on the 1-hour K-line is very intuitive. The price repeatedly oscillates around the key position of the middle band of the Bollinger Bands, which acts like a string being constantly tested. Once this support line is thoroughly broken, a dam-breaking decline will occur, and the short-term downward pressure will be quickly released.

In such a market environment, blindly chasing rebounds is like licking blood on a knife's edge, with extremely high risks. The trading strategy is very simple—stay firmly bearish, don’t overthink it.

Specific price references:

For BTC, the 91500-92300 zone is a short-term resistance area. If it fails to hold, the support levels below are 90500-89300.

The situation for ETH is similar; 3100-3150 is a key recent level. Once broken, the target drops to the 3050-2950 region.

BTC2,95%

ETH3,25%

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just_here_for_vibes

· 17h ago

Here comes the same old story of short-seller suppression... Every time, they say the rebound will die, but what happens? It's just repeated testing. I'm already numb to it.

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MerkleMaid

· 17h ago

Are you bearish again? Is this wave really going to break 91,500? Feels like I've been calling it for a long time.

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RumbleValidator

· 17h ago

The middle band of the Bollinger Bands repeatedly tests, and this signal couldn't be clearer. The data is right here; once the support is broken, the entire logical chain is broken.

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DefiPlaybook

· 17h ago

What is the current probability of the middle band of the Bollinger Bands being broken? Based on data from the past 30 days, such dam-break style declines typically result in a 15-22% drop range, indicating a relatively high risk factor. --- Honestly, the 91,500 level has little reference value. During rebounds, it's always said this way, but the results often prove otherwise. According to on-chain data, focus should still be on liquidity distribution. --- Not to mention anything else, chasing rebounds from a protocol design perspective is inherently counterintuitive. Historical data shows the success rate is no more than 28%. Why are people still so eager? --- It’s worth noting that the term "dam-break style decline" itself carries an overinterpretation. It is recommended to verify technical signals from multiple dimensions; relying solely on the 1-hour K-line's conclusion is actually quite limited. --- How was the target range of 3050-2950 derived? Can the specific analysis logic be explained, or are these just a few numbers? --- According to recent weekly contract data, although short positions are leading, they haven't created an overwhelming advantage. There is still room for a market reversal, so don’t be brainwashed by a single technical indicator.

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AirdropHuntress

· 18h ago

The middle line of the Bollinger Bands is about to break if it gets poked again. At that point, just wait and see a dam-breaking-style plunge. Keep an eye on the 90500 defense line. If it breaks, head straight for 89300. Rebound and sell-off, data shows the bulls are already exhausted. ETH is about the same; if 3100 can't hold, it will go straight down. Don't be greedy, don't think about bottom fishing. The bears are too fierce.

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rugged_again

· 18h ago

Going down again? I'm already trapped and at my wit's end. If it drops again this time, I'll really go all in on a short.

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Layer3Dreamer

· 18h ago

theoretically speaking, if we model the bollinger band dynamics as a recursive state verification problem... the liquidation cascade they're describing is basically what happens when your L2 bridge loses interoperability parity. kinda beautiful in a destructive way ngl

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