2026-01-20 02:26:20

Today's market has indeed experienced some fluctuations. Bitcoin's major cycle faced significant resistance around 98,000 after reaching that level, then started to pull back. After breaking below 94,000 on a smaller timeframe, the momentum clearly weakened. To stabilize the situation, it is necessary to retest above 94,500 in the short term before having the chance to launch a second wave of attack towards 98,000. If the price cannot hold above 94,500 in the next few trading days, the downward trend may continue. The main support level below is 89,000 — this is the last bastion for the bulls. Once broken, the market could look towards even lower support levels.

Ethereum's situation is similar. From a larger structural perspective, the rebound to the 3400-3500 range was met with resistance, then it started to decline. In the short term, it needs to regain above 3,280 to stop the bleeding; otherwise, the probability of further decline is higher. The support level below is 3,060. If this level is broken, the trend will shift from bullish to bearish.

BTC-0,75%

ETH-2,03%

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MetaMuskRat

· 5h ago

If 94500 doesn't stabilize, we might have to default to a bear market contingency plan. --- If 89000 really breaks, we're finished. Praying that the last bastion of the bulls doesn't collapse. --- Is Ethereum going to struggle up to 3060 again? Every time, it's a heart-pounding game. --- If it can't push above 98000, it has to be hammered down again. This wave is really frustrating. --- 3280 is the critical line; once broken, there's nothing good to see. --- Every time, we talk about the next surge, but each time, we come back taking a beating... --- 89000, 3060, all are our vital points. Anyone who dares to touch them will die. --- It looks like stability won't be achieved in the short term. Prepare yourselves mentally for a decline, everyone. --- Can't even stay above 94500. It seems unlikely that the second wave will succeed. --- Is the fortress being breached just a matter of time? Or do the bulls still have some strength left?

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RadioShackKnight

· 22h ago

94500 is really the life and death line. It feels like this is the level to watch these days. Here we go again, same old story with Ethereum. If 3280 doesn't break, there's still a chance. Is 98000 really that difficult? It feels like we're stuck here every day. If 89000 breaks, it's probably GG from there. If we can't hold the 3060 level, I'll go all-in on short positions directly.

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NotAFinancialAdvice

· 01-20 02:53

If 94,500 can't be broken, then we really need to consider bottom-fishing below. It's the same story every time, always saying we must hold steady at a certain point... and then what? Is 89,000 really the last line of defense? It feels like there's always a "final fortress" each time. Things are even worse on the ETH side. If it can't hold 3,280, it's really game over. Hmm... the current question is, who dares to bottom-fish here? Breaking the level is just breaking the level; after all, it's expected. Can we hold this critical point at 94,500 today, everyone? Mainly, it depends on whether the trading volume in these few days is enough to support the scene. If the bulls are truly the last fortress... then someone has to be willing to step in.

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HashBandit

· 01-20 02:53

yeah 94500 is do or die for btc rn... been here before tho, back in my mining days we'd watch these levels for HOURS. tbh the gas fees on eth are gonna make this bounce even messier if we're bag holding through dips like this lol

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StakeTillRetire

· 01-20 02:52

94500 is the key level I am watching closely. If it breaks, we might really see 89000. --- Here we go again, always talking about the last fortress, but the fortress looks as fragile as paper. --- ETH at 3280 needs to hold steady; if it doesn't, it will go down. The current position is a bit risky. --- That 98000 level is so tough; it feels like the second wave of impact is hanging in the balance. --- If 89000 is truly broken, what else is there to watch afterward... --- If 3060 also disappears, the overall situation will be reversed. --- The short-term correction is quite fierce; we need to wait for a sign of stability.

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DefiEngineerJack

· 01-20 02:44

lol okay so 94500 is the make-or-break, got it. tbh if we can't hold that line in the next few days this whole thing gets ugly fast... 89k is legit the last stand fr

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IfIWereOnChain

· 01-20 02:37

94500 is really a tough barrier; if it can't be broken, it's time to watch the show. --- Here we go again, do you really believe 89000 is a fortress? We said the same last time. --- Is ETH 3280 really that strong? It feels like it could drop further at any moment. --- Damn, another retest. When can I finally hold it with peace of mind? --- Bullish fortress, fortress—why does it feel like the fortress is getting shorter and shorter? --- In the short term, it looks like a tearing pattern; choosing a side is very difficult. --- I bet on the 89000 line; if it's broken, I'll admit defeat. --- Once 3060 is broken, there's really no hope; I'll have to cut losses then. --- It's all technical; whether it can actually go up depends on the main force's mood. --- 98000 feels like a dream; retesting is also quite difficult.

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StakeOrRegret

· 01-20 02:35

If you can't reach 94500, it's really time to panic --- Another wave of correction, I'm tired of this routine --- 89000 is the real life-and-death line, break it and you're done --- Ethereum looks a bit weak this wave, must hold 3280 --- That wave at 98000 was clearly a trap to lure more, probably caught many people --- In the short term, it's about whether we can get back above 3280, otherwise it will head straight to 3060 --- The bulls' fortress is losing one after another, this wave is quite risky --- Bitcoin is really tormenting, if it can't go up, it will drop further --- It feels like this decline won't end so easily, the defense line may break again --- Once 3060 is broken, it's really over, and then it will be true panic

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