2026-01-20 05:32:30

This wave of market rebound depends on whether it can break through the key boundary between bulls and bears. The trend is weakening increasingly; is it still worth holding positions in Bitcoin and BNB?

Looking at yesterday's movement, Bitcoin touched 93,400, and Ethereum surged to 3,230 before starting to pull back. Neither of these levels held steady, and the price returned near the lows. But I think there's no need to be too pessimistic; that's just how the market is. During declines, patience is essential, and the key is to position for long at support levels.

For Bitcoin, whether it can hold above 92,800 today is very important; only then is there a chance for further rise. Looking upward, resistance levels are at 93,400, 94,388, and 95,500, with the ultimate resistance at 96,000. If it pulls back, levels at 91,888, 90,900, and 90,000 can still be used for long entries, with the final support at 89,500.

Ethereum's situation is similar; 3,198 is a critical level. Holding above it is necessary for continued growth. Resistance levels above are at 3,233, 3,282, and 3,336, with a support at 3,350. If it pulls back, levels at 3,165, 3,121, and 3,086 still offer opportunities, with support at 3,050.

The core logic is simple: don't chase highs during upward moves, and remember to bend down during declines. Enter at support levels.

BTC-3,52%

BNB-5,47%

ETH-6,81%

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ChainProspector

· 21h ago

Bending down to pick up bargains, this saying is correct, but I'm afraid that bending down to buy the dip might result in being cut instead. --- 92800, can this critical point really hold? I have my doubts. --- It's the same old story of buying at support levels. Last time, doing this directly led to being trapped. --- This market really, just rush in and then get scared, not even daring to buy on dips. --- The stance is good, but it still feels like gambling. Isn't this how every analysis ends? --- If that defense line at 89500 is broken, a sharp decline will follow. --- It's easy to say, but when truly losing money, no one remains calm. --- There are so many support levels; it feels like any of them could break.

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Token_Sherpa

· 21h ago

nah, this "support level" playbook is getting old tbh. everyone and their mom thinks 92800 is some magical number now, which honestly means it probably breaks through like butter. the real question nobody's asking is whether this bounce even has *sustainable tokenomics* behind it or if we're just watching velocity trap mechanics play out again. seen this movie before.

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ImpermanentLossEnjoyer

· 21h ago

92,800 can't hold, and I have to wait again. This rebound is really a bit虚... Eh, it sounds like waiting for support levels to buy the dip, but the problem is, when will we get that opportunity? Bitcoin has returned to cake money again. This kind of repeated tug-of-war really annoys me. Stand firm at 96,000? Ha, dream on... Honestly, it's just betting that the downward support can hold. I just want to ask, can it really hold? Bending down, bending down, I'm just afraid that a bend will directly smash me to death on the floor. Can we still buy the dip at over 3,000 ETH? At this point, I'm a bit scared. Is this what support level布局? Feels like each one is lower, unbelievable. Yesterday's rebound thing, doesn't seem to have much meaning, might as well lie flat.

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liquiditea_sipper

· 21h ago

If 92,800 can hold steady, there's hope; otherwise, it will return to 89,500 to accompany the friends at the bottom.

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