#数字资产市场动态 The market remains weak, and Bitcoin faces further downward pressure.



Yesterday's overall performance was lackluster. After a waterfall decline at the open, there was a rebound during the session, but the momentum was severely lacking. The support at 91,800 held initially, but as the rebound reached 93,400, it started to weaken, followed by continuous corrections. In this environment, both retail and institutional traders' bullish sentiments have been thoroughly shaken. The failed expectation of a rate cut in January, coupled with uncertain trade policies, has led to a strong wait-and-see attitude among funds, making a breakdown and further decline quite likely.

Looking at the candlestick chart, the daily chart shows six consecutive bearish candles, a typical sign of extreme weakness with little room for a rebound. The future strategy is clear—if the Asian and European sessions see a rebound back to around 93,000, consider opening a small short position, with the main position remaining above 94,000 to continue shorting, waiting for a large-volume drop. For now, do not consider going long.

Specific operational suggestions:

$BTC: The 92,700-93,200 range is a good entry point for shorts. The first target is 90,800; if broken, continue to 89,500.

$ETH: The 3,190-3,210 range can be shorted, with a target of 3,120. If broken further, watch for 3,080.

Having experienced many cycles of bull and bear markets over the years, in the face of market fluctuations, going solo is less effective than banding together. Persistence is key to witnessing that moment of resurgence.
BTC-3,66%
ETH-6,83%
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PaperHandsCriminalvip
· 19h ago
Six consecutive bearish candles and still expecting a rebound, hilarious, are you joking with us? Continuously breaking support levels and still going long, no wonder everyone is just a bunch of newbies. Here comes another set of bearish tricks. The last time I said this, I opened a position in the opposite direction, and now I’m still adding to my margin. Blaming the rate cut falling flat, just complaining about the sky falling—basically, the bulls are out of the game. Is 93,000 really a trap? I feel like I’m just waiting here to get liquidated. Holding a small short position, holding a small short position—sounds simple, but I lost control and went full margin again. After years of ups and downs, I’ve finally hit rock bottom, haha. Don’t talk about banding together for warmth; this market is just backstabbing each other. Breaking support again and again, but in the end, it rebounds at the next critical point—just a cycle of recursive traps. Since 98, I’ve never seen such a volatile market. Do the bears have to be so fierce? I just want to ask, has 90,800 really been broken, or is it just another fake-out?
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MetaNeighborvip
· 19h ago
Six consecutive bearish candles and still waiting for a rebound, this time I really feel a bit creeped out. If the breakdown continues like this, the bears won't be able to stop. When 93000 rebounds, it will crash; I feel like I've been scared off. Without some courage, it's hard to bottom fish at this time. I'll just keep observing. This market is exhausting; I wish I had stocked more stablecoins earlier.
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ApeShotFirstvip
· 19h ago
Oh no, it's starting to plunge again. This rhythm is really incredible. Six consecutive bearish candles have completely confused people. I think 91,800 won't hold either. The bears are indeed fierce this time, but I still want to ask—can it really break 89,500, or is it just another false breakout? Shorting is okay, but don't get caught in it, everyone. I think this wave carries quite a bit of risk. After continuously being bearish for so many days, I feel like a reversal is coming. Maybe I'm just experiencing FOMO again. Anyway, I'm keeping a small position and observing. I'll wait for clear signals before risking real money.
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MEVHunterNoLossvip
· 19h ago
Six consecutive bearish candles have ended, and there's still room for this move. I'm also planning to take a small position around 93,000.
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RadioShackKnightvip
· 19h ago
Six consecutive bearish candles directly crushed my confidence; this wave really exhausted me.
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