2026-01-15 19:22:23

This round of Bitcoin's rebound rally seems to be coming to an end. If a valid breakout were to occur, it should have already stabilized above 98,000, but currently there are still some signs of weakness.

To be honest, I’ve caught quite a few short opportunities on Ethereum and have finally recovered some of my previous losses. If this market continues to decline, is there still a chance for a rebound later? Or is the market really heading into a deeper correction?

From a technical perspective, Bitcoin is currently following a retracement pattern. Whether it can push higher depends on the strength of the upcoming breakout. But based on current performance, the bullish momentum is indeed weakening. Ethereum still has room for imagination, and the probability of continuing downward in the short term is relatively high.

BTC-0,89%

ETH-0,05%

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BearHugger

· 10h ago

98000 can't hold steady, the bulls really have no strength left --- This wave of ETH short positions was satisfying, just waiting to continue crashing --- Technical analysis is like this, weak rebounds are a normal rhythm --- The question is how big the downside is, that's the key --- Bitcoin is indeed weak, but does that mean there's no rebound opportunity? --- I actually think the bottom will be lower than expected --- Those who profit from short positions are all smiling, what are the bulls thinking now? --- Continuing to look downward is fine, but risk management is essential

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BagHolderTillRetire

· 10h ago

98,000 can't hold, this rebound is indeed a bit weak. It's good that the short positions are profitable, but don't be greedy and give it all back. Ethereum's recent decline still depends on where the support levels are; otherwise, it can be exhausting. The Bitcoin bulls are indeed losing momentum, and it might drop another wave later. Reasonable profit-taking is the key; don't get caught in a trap.

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BrokeBeans

· 10h ago

98K station can't hold steady, so don't force it. This rebound really lacks momentum. It's good that short positions are making profit, but don't be too greedy. Ethereum still has room to decline; don't rush to buy the dip in the short term. The bulls in Bitcoin are indeed losing confidence; it depends on how far this drop can go. The technicals don't show any bright spots; continue to observe, brother.

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SelfSovereignSteve

· 10h ago

98000 this barrier really got stuck, the bears are too fierce here I'm also feeling good about the ETH short, but this wave doesn't seem to rebound easily The bulls are really losing confidence, short-term still look bearish If I had known earlier, I would have taken more ETH shorts, this market trend is really a bit desperate Bitcoin is weak, ETH still has hope, keep shorting, brothers

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AllInAlice

· 10h ago

98,000 can't even hold steady, feels like this rebound is just a false alarm Ethereum has started to drop again these days, need to decide whether to continue shorting or wait for the rebound to enter Looking at Bitcoin's rhythm, it's a bit tiring, the bulls are really out of steam Will the small gains from short positions be taken back by a counterattack later? Haha Ethereum still has room to decline in the short term, feels like it hasn't bottomed out yet Wait, is this the rhythm of a deep correction? Feeling a bit scared

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