2026-01-02 10:21:19

Recently, coins like Pepe have suddenly experienced a strong surge, with a 20% increase happening unexpectedly. Many are starting to speculate whether the altcoin season is truly coming. However, looking at the candlestick patterns, Pepe has been consolidating at the bottom for a long time, so this rebound is actually within expectations.

The key question is—can we short? From a technical perspective, the levels at 0.052 and 0.053 do show clear resistance. If the price reaches these levels, a pullback to around 0.047 is a realistic expectation. Consider small short positions here, with a stop-loss immediately if the resistance is broken. But the more worthwhile short entry is around 0.062. Once this area is touched, the risk-reward ratio for shorts changes significantly. A more aggressive approach could even involve setting up low-leverage long-term shorts here, because dead cat bounces tend to fall back after a rebound.

In comparison, Ethereum's trading rhythm is even clearer and more controllable. Ethereum has broken through 3000 consecutively with strong momentum, and the resistance around 3060 may no longer be able to sustain selling pressure. Therefore, I won't set a short at 3060—repeatedly shorting at the same level will significantly diminish effectiveness.

The real shorting opportunity is around 3170. The resistance here is on a different level altogether. Once confirmed, a pullback of over 50 points is not an issue. This level has been waiting for a long time, and if the market cooperates, there’s a good chance to harvest a decent retracement.

From a macro perspective, early January is actually the ideal window for shorting. The Federal Reserve's meeting on January 27th is unlikely to cut interest rates, meaning that regardless of how aggressively the crypto prices rise at the start or middle of the month, a correction is inevitable in the latter part of the month. The seemingly bullish trend on the surface will ultimately be accounted for later. The rebound in the coming week is essentially the best opportunity for us to build short positions at high levels.

PEPE33,44%

ETH4,72%

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FlatTax

· 3h ago

Dead cat bounce this metaphor is perfect, it's exactly this feeling. --- I'm also watching the 3170 level, just waiting to see what the Federal Reserve does that day. --- Can you really trust pepe? I still feel more secure holding ETH. --- The phrase "settle accounts after autumn" really hit home for me. Now is definitely the time to set up shorts. --- Tried around 0.062, but stop-loss needs to be tight; this coin is too unpredictable. --- Repeatedly shorting the same level diminishes the effect—lesson learned. --- I still think waiting for 3170 to stabilize is the safest move. For now, keep the short positions I have. --- Shanzhai season? Looks like just a rebound, don’t be fooled.

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ApyWhisperer

· 6h ago

The dead cat bounce theory is correct; a rebound is the time window to build short positions. The Federal Reserve won't cut interest rates on January 27th, and by the end of the month, there will definitely be an accounting.

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LucidSleepwalker

· 6h ago

Wait a minute, Pepe has been sideways for so long and is only now rebounding, it will probably fall back later... But who really dares to short at 0.062? --- That point at 3170 is indeed interesting, just worried that the Federal Reserve meeting might bring some surprises again. --- The "dead cat bounce" metaphor is perfect; no matter how fierce the rebound, you still have to admit defeat. --- Exactly, this week is the window for shorting at high levels. Once the Federal Reserve makes a move at the end of the month, everything will revert to the original state. --- Trying small positions to short sounds good, but I'm just worried that breaking 0.052 will send it straight to the sky.

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PessimisticOracle

· 6h ago

The saying "dead cat bounce" has become so tired to hear, a rebound is a rebound, and you have to come up with a reason, right? Anyway, I'm waiting to sniper Ethereum at 3170. Speaking of which, do people really dare to chase after pepe? I still think the Federal Reserve is the key. A correction is inevitable by the end of the month, and this rally is just an opportunity for us to build short positions. That 0.062 level is indeed interesting, but I prefer ETH at 3170, which is the real resistance level. The strong upward trend this week is fierce, but we can't escape the reckoning at the end of the month. It's better to start positioning for shorts early. Everyone is talking about the upcoming altcoin season, but I wonder if this will just be another trap? Anyway, I won't touch pepe.

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TheMemefather

· 6h ago

Dead cat bounce will eventually have to pay off the debt. I have already placed the short order. The 0.062 level must be waited for; don't rush to get in. ETH 3170 is the real sniper point. Repeatedly shorting at 3060 is suicide. The Federal Reserve meeting is scheduled for the 27th. A correction is inevitable in late the month. The more this week's rise, the more I feel at ease. Settling accounts after autumn, old tricks again.

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BearMarketSurvivor

· 6h ago

Dead cat bounce rhetoric is getting tired, every time they say it will fall back, but the coin price just keeps soaring, I really don't understand. The feeling of being slapped in the face still hurts, but this time the Federal Reserve played it well, and it will indeed cool down at the end of the month. Pepe 0.062, I think that level is a fake-out, be careful of being trapped. Is there still hope for Ethereum in this wave? It feels a bit false, don’t get caught holding at high levels. Let’s wait and see how they play at the end of January, it’s too early to bet now. Short positions are correct, but it depends on the Fed’s stance and actions. 3170 is indeed a good level, just not sure if it can hold. This rebound momentum is quite strong, but I still remain bearish, I’ve placed my bet.

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PortfolioAlert

· 7h ago

Dead cat bounce rebound, 0.062 is really the key level, a bit aggressive but the risk-reward ratio is indeed very high. ETH 3170 has been waiting so long, finally it's time for the final reckoning. The Federal Reserve won't cut interest rates on the 27th, so a pullback by the end of the month is inevitable. This rebound is a great opportunity to buy in. Many people have overplayed the Pepe and other altcoins, a small position for shorting is enough. Short positions at high levels are already in place, just waiting for the market to cooperate. This week's rebound is the last chance to get in; there will definitely be room for a pullback afterward. The probability of not holding the 0.052-0.053 level is quite high; a retest of 0.047 is very likely. Ethereum's momentum is strong, but the volume around 3170 is truly different; a short squeeze could explode at that point. The dead cat bounce strategy is so old, can’t some people see through it?

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