Yesterday's high-altitude outlook was fully validated, and today the Silk Road market continues to be dominated by a high-altitude tone. The key point is that the daily chart trend has already shown clear signs of a switch.
If Bitcoin and Ethereum can effectively break through the critical resistance lines at 91600 and 3170 respectively, the market is very likely to experience a sharp decline — this is not a low-probability event.
**Bitcoin Trading Strategy**: Consider short positions in the 92500-93000 range, focusing on three support levels below: 91600, 91000, 90500. Be cautious of each support level's potential break.
**Ethereum Trading Strategy**: Focus on short positions at high levels between 3180-3220, with key supports at 3150, 3130, and 3090 below. Short-term volatility is increasing, so strict stop-losses are necessary.
Currently, the market is at a sensitive point; whether prices can break below these key levels will directly determine the subsequent direction. Stay alert and avoid chasing highs.
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TxFailed
· 5h ago
ngl the "sharp breakdown incoming" calls always feel different when you're already down 40% from last entry... technically speaking those support levels you listed sound solid until they're not lol
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CryptoDouble-O-Seven
· 01-20 06:00
If Bitcoin really breaks 91,600 this time, we’ll have to run away. Something doesn’t feel right.
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LiquidatorFlash
· 01-20 05:58
If the 91,600 threshold is truly broken, the liquidation risk will instantly spike. Leveraged traders need to be cautious.
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NFTArchaeologis
· 01-20 05:57
Interesting... The breakout logic of these pressure lines is somewhat like the dating of ancient ceramic styles—once the critical texture is surpassed, the entire aesthetic system needs to be reshaped. The significance of the 91600 line seems to be overrated.
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Degentleman
· 01-20 05:56
Yesterday's strategy was on point. Now it's just a matter of whether we can break through the level. It feels like this move is really coming.
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ser_aped.eth
· 01-20 05:55
Short positions indeed made a profit yesterday. Today, I continue to watch for a breakdown, just worried about a false move.
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OptionWhisperer
· 01-20 05:39
Breakout, breakout, breakout, come on everyone, no way to make a move
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Is 91600 really that critical? Feels like it's being talked about every day
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The courage of the short sellers is really bold. If this wave reverses, it'll be hilarious
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It's another sensitive point, when isn't it sensitive, friends?
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I've heard "strict stop-loss" so many times, but still most people get trapped
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Can 3170 be broken? It's a bit uncertain this time
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I agree not to chase the high, but there should be some strategy for shorting this wave
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Daily chart switch signal? Even lighting a lantern makes it hard to see clearly
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92500-93000, just looking at it makes me uneasy
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DegenRecoveryGroup
· 01-20 05:36
Hmm, yesterday's idea indeed hit the mark. Today, I will continue to look for a bearish trend from a high position.
Wait, will it really break 91,600? It still feels a bit uncertain.
I deeply understand not chasing highs; I once chased and lost a lot.
If 3170 breaks, Ethereum might really crash. This support level is quite critical.
Have you set your stop-loss? The recent volatility has been really frightening.
I'm just waiting to see if it can break through these three supports. If broken, I will start to short in batches.
Yesterday's high-altitude outlook was fully validated, and today the Silk Road market continues to be dominated by a high-altitude tone. The key point is that the daily chart trend has already shown clear signs of a switch.
If Bitcoin and Ethereum can effectively break through the critical resistance lines at 91600 and 3170 respectively, the market is very likely to experience a sharp decline — this is not a low-probability event.
**Bitcoin Trading Strategy**: Consider short positions in the 92500-93000 range, focusing on three support levels below: 91600, 91000, 90500. Be cautious of each support level's potential break.
**Ethereum Trading Strategy**: Focus on short positions at high levels between 3180-3220, with key supports at 3150, 3130, and 3090 below. Short-term volatility is increasing, so strict stop-losses are necessary.
Currently, the market is at a sensitive point; whether prices can break below these key levels will directly determine the subsequent direction. Stay alert and avoid chasing highs.