Last night after sleeping, the price was still hovering in the same range, but many people's positions have already disappeared. The long-awaited top-reversal correction has finally arrived, and luckily the support for the correction wasn't too extreme, just bouncing back within the 91500-91100 range, which is in line with expectations. This wave of decline is actually preparing for a period of narrow-range convergence later, so even though it has come down, it’s actually a good opportunity to participate. However, it’s unlikely that a trend will emerge in the near future, so it’s still best to rely on a high short and low long strategy.
Regarding BTC, today’s key focus is whether the 91500 support can continue to hold. If it breaks directly, the long opportunities below can be seen at 90200 and 89600. The resistance above is at 95600, and further up, the 96100 to 96400 range is a good place to lay in wait—if the price surges up, it’s very likely to turn around around this area.
For SOL, in the short term, 144.3 is a resistance, and 135.3 is a support. First, see if there will be a spike at these levels. If there are no signs of a spike, then the upper resistance points to 148, and the support is between 132.4 and 131.7—continue to participate with a high short and low long rhythm within this range.
For ETH, the 3205 level is critical; observe whether it can hold. If it breaks down, the real supports are at 3165 and 3110. The short-term resistance above is at 3325, and once broken through, there are two points to watch at 3370 and 3385—these are good points for shorting.
Overall, after last night’s wave of spikes and dips, it’s clear that the market is starting to move into a top-distribution phase. After a pullback, don’t all start shouting that the bear market is here—this is just laying the groundwork for the next rally, a consolidation phase. So there’s no need to be too nervous; just stay calm. Given the lack of trend opportunities recently, the trading approach should be maintaining a high short and low long participation, taking profits when the market looks good, and cutting losses when necessary.
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PanicSeller
· 5h ago
It's the same old high-altitude low-buy strategy, I'm already getting calluses from hearing it.
Those who haven't seen their positions should be crying now, haha.
Can 91500 hold? I’ll put a question mark. Anyway, I don’t dare to bet.
That ambush point at 96100 is indeed tempting, just afraid of getting trapped.
If ETH breaks below 3205, I guess I’ll have to run. I really can't handle the mentality.
No trend, no trend. Anyway, I can't make big profits either.
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RugpullSurvivor
· 01-07 05:53
Another high-altitude, low-buy activity. Now that there's no trend, it's really troublesome.
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VCsSuckMyLiquidity
· 01-07 05:44
Still buying high and selling low. I think this move is just to harvest the little guys.
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NeonCollector
· 01-07 05:42
91500 this line is really holding strong, feels like I need to test it repeatedly
Position says no, and dealing with this consolidation period is really frustrating
Tired of playing high short and low long, when will we see some trend
If ETH can't hold above 3205, let's just look at 3110 directly, no more hesitation
It's another test of patience, these days
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UncommonNPC
· 01-07 05:39
If I can't hold 91500, I really start to panic
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High altitude shorting? Sounds simple, but actually doing it really tests your mindset
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Always reorganizing the market and saying it's to prepare for the next rally, I'm tired of this kind of rhetoric
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If SOL really hits this spike, I'll just go all in
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Stop-loss when it should be stopped? We say it every time, but no one actually follows through
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How likely is it to hold the critical level at 3205? I bet five bucks it will break below
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Narrow convergence phase? Isn't that just boring consolidation? Why make it so complicated
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Everyone on the forum is shouting "short high, long low," but turn around and it's all complaints about being trapped
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Let's see if BTC rebounds to 95600; anything said now is just empty talk
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Staying calm? Easy to say, but who can stay calm watching their money drop
Last night after sleeping, the price was still hovering in the same range, but many people's positions have already disappeared. The long-awaited top-reversal correction has finally arrived, and luckily the support for the correction wasn't too extreme, just bouncing back within the 91500-91100 range, which is in line with expectations. This wave of decline is actually preparing for a period of narrow-range convergence later, so even though it has come down, it’s actually a good opportunity to participate. However, it’s unlikely that a trend will emerge in the near future, so it’s still best to rely on a high short and low long strategy.
Regarding BTC, today’s key focus is whether the 91500 support can continue to hold. If it breaks directly, the long opportunities below can be seen at 90200 and 89600. The resistance above is at 95600, and further up, the 96100 to 96400 range is a good place to lay in wait—if the price surges up, it’s very likely to turn around around this area.
For SOL, in the short term, 144.3 is a resistance, and 135.3 is a support. First, see if there will be a spike at these levels. If there are no signs of a spike, then the upper resistance points to 148, and the support is between 132.4 and 131.7—continue to participate with a high short and low long rhythm within this range.
For ETH, the 3205 level is critical; observe whether it can hold. If it breaks down, the real supports are at 3165 and 3110. The short-term resistance above is at 3325, and once broken through, there are two points to watch at 3370 and 3385—these are good points for shorting.
Overall, after last night’s wave of spikes and dips, it’s clear that the market is starting to move into a top-distribution phase. After a pullback, don’t all start shouting that the bear market is here—this is just laying the groundwork for the next rally, a consolidation phase. So there’s no need to be too nervous; just stay calm. Given the lack of trend opportunities recently, the trading approach should be maintaining a high short and low long participation, taking profits when the market looks good, and cutting losses when necessary.