2026-01-20 05:30:17

Yesterday's high-altitude outlook was fully validated, and today the Silk Road market continues to be dominated by a high-altitude tone. The key point is that the daily chart trend has already shown clear signs of a switch.

If Bitcoin and Ethereum can effectively break through the critical resistance lines at 91600 and 3170 respectively, the market is very likely to experience a sharp decline — this is not a low-probability event.

**Bitcoin Trading Strategy**: Consider short positions in the 92500-93000 range, focusing on three support levels below: 91600, 91000, 90500. Be cautious of each support level's potential break.

**Ethereum Trading Strategy**: Focus on short positions at high levels between 3180-3220, with key supports at 3150, 3130, and 3090 below. Short-term volatility is increasing, so strict stop-losses are necessary.

Currently, the market is at a sensitive point; whether prices can break below these key levels will directly determine the subsequent direction. Stay alert and avoid chasing highs.

BTC-3.12%

ETH-6.46%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
7
Repost
Share

Comment

0/400

CryptoDouble-O-Seven

· 22h ago

If Bitcoin really breaks 91,600 this time, we’ll have to run away. Something doesn’t feel right.

View OriginalReply0

LiquidatorFlash

· 22h ago

If the 91,600 threshold is truly broken, the liquidation risk will instantly spike. Leveraged traders need to be cautious.

View OriginalReply0

NFTArchaeologis

· 22h ago

Interesting... The breakout logic of these pressure lines is somewhat like the dating of ancient ceramic styles—once the critical texture is surpassed, the entire aesthetic system needs to be reshaped. The significance of the 91600 line seems to be overrated.

View OriginalReply0

Degentleman

· 22h ago

Yesterday's strategy was on point. Now it's just a matter of whether we can break through the level. It feels like this move is really coming.

View OriginalReply0

ser_aped.eth

· 22h ago

Short positions indeed made a profit yesterday. Today, I continue to watch for a breakdown, just worried about a false move.

View OriginalReply0

OptionWhisperer

· 23h ago

Breakout, breakout, breakout, come on everyone, no way to make a move --- Is 91600 really that critical? Feels like it's being talked about every day --- The courage of the short sellers is really bold. If this wave reverses, it'll be hilarious --- It's another sensitive point, when isn't it sensitive, friends? --- I've heard "strict stop-loss" so many times, but still most people get trapped --- Can 3170 be broken? It's a bit uncertain this time --- I agree not to chase the high, but there should be some strategy for shorting this wave --- Daily chart switch signal? Even lighting a lantern makes it hard to see clearly --- 92500-93000, just looking at it makes me uneasy

View OriginalReply0

DegenRecoveryGroup

· 23h ago

Hmm, yesterday's idea indeed hit the mark. Today, I will continue to look for a bearish trend from a high position. Wait, will it really break 91,600? It still feels a bit uncertain. I deeply understand not chasing highs; I once chased and lost a lot. If 3170 breaks, Ethereum might really crash. This support level is quite critical. Have you set your stop-loss? The recent volatility has been really frightening. I'm just waiting to see if it can break through these three supports. If broken, I will start to short in batches.

View OriginalReply0