2026-01-20 03:25:28

Market sentiment shifts drive cryptocurrency volatility. Yesterday, during the US stock market holiday, although the price fluctuations were not significant, the rebound and short-selling ideas provided perfectly aligned with the actual trend. Ethereum was able to gain dozens of points during yesterday's rebound phase.

From a technical perspective, on the daily chart, Bitcoin has already broken below the Bollinger middle band support, with the Bollinger Bands clearly narrowing, indicating that the bullish momentum has been exhausted. The three lines of the KDJ indicator are forming a death cross at high levels and diverging downward, and the MACD is also showing an initial death cross signal, suggesting that bearish energy is beginning to emerge. Based on this analysis, today's trading approach continues yesterday's plan, maintaining the main strategy of shorting on rebounds.

Specific trading layout:

Bitcoin (BTC) can be shorted when it rebounds to the 93,500-94,000 range; more daring traders can wait until 94,500-95,000 before entering. Place stop-loss around 96,000, with the first target at 93,000-92,500-92,000. If the price breaks below, continue to watch for 91,500-91,000-90,500 or even the 90,000 level. If the market weakens further, move the stop-loss to protect profits flexibly.

Ethereum (ETH) can be shorted when it rebounds to 3,230-3,270; a more conservative entry point is 3,300-3,340. Place stop-loss at 3,380, with targets at 3,200-3,170-3,150. If broken, continue to watch for around 3,130-3,100, and similarly move the stop-loss after a break.

For bullish views, if Bitcoin retraces to around 90,000-90,500, consider adding a long position, with a stop-loss at 89,000 and targets at 91,500-92,000. Further breakdowns could target 92,500-93,000. Ethereum retracing to 3,060-3,100 can attempt a long, with a stop-loss at 3,020, and targets at 3,150-3,170-3,200. If broken, look for 3,220-3,250.

To be honest, the biggest taboo in leveraged trading is heavy holding and stubbornly fighting the market. Holding onto hope and resisting the trend will eventually lead to market elimination. Trading requires respecting the power of the market. If recent performance has been unsatisfactory, it’s better to pause, review, and reflect, which is more effective than blind operation.

ETH-5,85%

BTC-2,61%

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CryptoPunster

· 12h ago

Haha, it's another rebound shorting. I bet five bucks it will reverse this afternoon. Heavy position holding and enduring—those words are truly heartfelt, but unfortunately, no one listens. Looking at this bunch of numbers, I can't help but think of my stop-loss order from last week, thoroughly educated by the market. Lettuce's self-deprecating moment: my defense level is always breached, and I can never see my target. On how to gracefully lose your account to zero, this old guy really knows the teaching. That last part gets a full score from me; whether you listen or not is another matter.

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GateUser-cff9c776

· 12h ago

Haha, this is the modern version of "Schrödinger's Bull Market"—both bullish and bearish at the same time, perfectly illustrating the duality of the market. The narrative about Bollinger Bands tightening is honestly not much different from the perspective techniques of the Van Gogh era; they are just tools used to package uncertainty. The most truthful part is actually the last segment—holding a heavy position and stubbornly sticking to it is indeed one of the greatest tragedies in art history, more deadly than any subprime crisis. But the question is, how many people can truly "respect the market"? Most are still jumping back and forth between gambling and trading. The floor price imagination space for this wave of market movement has indeed been compressed, but I still think it's more rational to wait for a confirmation of a breakdown before taking action.

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FlashLoanLarry

· 12h ago

Yesterday, I made a few points profit, and today I’m waiting for a rebound to continue shorting. This rhythm feels pretty comfortable. Holding a heavy position and stubbornly sticking to it is indeed a big taboo. Several of my old brothers around me were eliminated this way, I feel sorry. What you said is spot on. The market won't indulge us. Learning to cut losses is more important than anything. When the middle band of the Bollinger is broken, the bears should come in. The technical aspect is very clear; it’s just a matter of who can resist greed. Enter a short position at 93500 to test the waters. This approach is very solid.

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ApeEscapeArtist

· 12h ago

Digital asset trader, passionate about technical analysis and risk management. Skilled at capturing short-term fluctuations and has unique insights into market psychology. Straightforward style, valuing practical experience over theory. --- My comments: Holding a heavy position and stubbornly enduring is really courting death. I've seen too many who are confident to the point of bankruptcy... Setting proper stop-losses is the key. It seems there is indeed some bearish energy this time, but entering at the 93500 level still carries some risk. Here we go again with the digital game. Those who look professional but have no idea how tomorrow will unfold should not pretend to understand. I agree with the idea of shorting on rebounds, but setting such tight defensive positions—aren't you afraid of being swept? People still need to learn to admit defeat; this is the most crucial step in trading. This market trend is a typical high-altitude sell-off. As long as you're not greedy, there will be gains. Stop-losses are non-negotiable; any lucky break could be deadly.

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