2026-01-20 04:31:05

Bitcoin has recently been consolidating at high levels, and the 92,000 support level is crucial. If it can hold, there is a chance for a rebound towards 94,200; once it breaks below, the next focus is the 90,500 range. Ethereum's situation is slightly more complex; although multiple cycles are somewhat bullish, there is short-term pressure, and the support zone between 3170 and 3180 is very critical. Only a breakthrough of 3270 can truly open up upward space.

From a trading perspective, Bitcoin can consider short positions in the 93,800 to 94,200 range, targeting 93,000 to 92,500, with a stop-loss set at 94,800. For Ethereum, short positions can be opened between 3250 and 3270, with targets at 3200 to 3180, and a stop-loss at 3320. The overall idea is to look for small pullback opportunities after high-level confirmation.

BTC-1,92%

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TaxEvader

· 6h ago

If we can't hold 92,000, we'll just go directly to 90,500 for a break. This wave of market movement is really a bit torturous. Ethereum is stuck tightly at this resistance level; 3270 must be broken or it's all for nothing. Short positions are being laid out like this... the risk is a bit high, are you really willing to take it? The stop-loss at 94,800 feels a bit too loose; do you have a clear idea in mind? The idea of a pullback from a high level has been said a hundred times; can it finally happen this time?

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GateUser-e51e87c7

· 9h ago

We need to hold this level at 92,000, or else it will really drop further. Short position setup sounds good, but I still need to see if it can really rebound to 94,200. Is 3,270 really that critical for the second pancake? It feels like that's always what is said. I admit there is a reason for a high-level pullback opportunity, just worried about getting trapped.

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ValidatorViking

· 9h ago

92k holding is the real test here. if it cracks, we're watching network resilience from a different angle entirely. been through enough forks to know when consensus gets shaky.

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OptionWhisperer

· 9h ago

If we can't hold 92,000, let's just face it, it's a bit uncertain. For short positions, this move depends on whether 94,800 can hold. Only after breaking 3,270 will I dare to act; for now, I'm still observing.

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SighingCashier