2026-01-21 17:07:06

Currently, the market sentiment is really not very optimistic. Not only in the crypto world, but also in the US stock market, which experienced a sharp decline yesterday. Although there was a slight rebound at the opening today, it was quickly pushed back down.

Looking at this downward momentum, the correction cannot simply stop in the middle. The long position entered at 90600 yesterday was wiped out at 89999, leaving no room for a stop-loss point.

What's more concerning is that the 90000 level itself is a psychological barrier, with a huge amount of positions stacked there. During today’s rebound, when the price surged near 90000 with massive trading volume, it still couldn't stabilize. From this perspective, do you still expect a repeat of the previous continuous rebound from 92000 to 98000? Honestly, the probability is not high.

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SundayDegen

· 8h ago

Damn, it's the same pattern of bouncing back and then crashing again. 90000 is just a trap. If it can't break through 90000, don't even think about it. It's exhausting. The order I entered yesterday was directly pierced through. There's really no room for negotiation on the stop-loss level. U.S. stocks are also crashing, a chain reaction. Will it continue to fall tomorrow? Currently, the short-term rebound probability is indeed low. Just go short when it's time.

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MEVHunterX

· 8h ago

90000 is really a tough barrier; even a massive surge can't stabilize it. Is this rebound just a smoke screen?

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ChainMemeDealer

· 8h ago

90000 is a barrier; it can't be crossed. With such a massive sell-off, it feels like 88000 is the level to stabilize. --- Once again hit by precise stop-loss, this rhythm is really incredible. --- The US stock market is crashing, the crypto circle is crashing, this year has been all about violent drops. --- Psychological levels are just psychological levels; the bulls simply have no strength left. --- With so many positions piled up at 90000, it's strange if it doesn't break. --- That wave of buying yesterday probably got trapped, and the rebound was hammered back down. --- The market from 92 to 98 feels like it's forever out of reach; who dares to chase now? --- The down limit can't hold, who knows where the bottom is. --- The massive volume of transactions still can't stabilize, which clearly indicates everything.

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PretendingSerious

· 8h ago

Once again, I got crushed by the 90,000 level. Feeling bad.

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MeltdownSurvivalist