2026-01-21 19:22:33

The market has finally rebounded recently, but the strong resistance level above has become a roadblock, constantly holding it back. To be honest, this rebound feels more like a trap—after the US market opened higher and then slightly retraced, it looks tempting, but the breakdown signals on the daily chart are still there.

What's the background? The trade war between Trump and the EU has become bad news, and the interest rate hike in Japan is hanging over the market. These two factors are enough to dampen market sentiment. Currently, long positions can't hold up at all; risk control is essential—exit with small losses, don't be greedy.

On the technical side, Bitcoin faces a hurdle at 9050; if it can't break through, consider shorting. Ethereum is pressured at 3030. Looking at recent movements, there was indeed a rebound, but the magnitude was modest—Bitcoin dropped 3400 points, Ethereum fell 170 points. Do you think that's impressive? Anyway, the market is never gentle.

The only possible turning point might be the Fed's rate cut meeting at the end of the month. Whether the market can truly reverse depends on that move. The smartest approach now is to analyze each trend rationally and avoid being forced off the train during the season when profits should be taken.

BTC-0,81%

ETH-3,15%

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GateUser-c799715c

· 01-21 19:52

It's the same story again, rebounds are just traps, I'm already tired of it. Let's see how 9050 turns out. I don't dare to buy the dip, nor do I dare to short; just waiting for the Federal Reserve's rescue move. A 3400-point drop and still trying to analyze the trend here, it's honestly a bit awkward. Trade wars, interest rate hikes, a bunch of reasons, but they can't fix this situation. Breaking the level means shorting, easy to say, but how to ensure risk control?

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BrokenDAO

· 01-21 19:50

It's that same "rational judgment" rhetoric again... In reality, it's just betting on the Fed's move to save the market. The problem is, once the incentive mechanism is distorted, even the most rational decisions are useless—just look at how much "smart money" was cut off at critical points before. The truth behind the 9050 breakout might not be that complicated; it's just that no one dares to take the plunge.

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StakeWhisperer

· 01-21 19:49

Another false alarm, 9050 is still that hurdle, feels like breaking through is harder than climbing to the sky Trade war plus rate hikes, a double blow. This rebound is purely a trap for more buying The Federal Reserve meeting at the end of the month is the real highlight. For now, it's best to honestly control risks If the 3030 level can't be maintained, short positions can be arranged This decline is truly incredible, the market is just so ruthless

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PensionDestroyer

· 01-21 19:48

Here we go again, playing the rebound. Just looking at it is annoying. --- Cannot break 9050 and still bullish here, really daring. --- A trap is a trap; you have to step on it to be satisfied, right? --- During the Federal Reserve meeting, who knows how many lives are left. --- The trade war sword is still hanging above; who dares to take it? --- See the real deal at the end of the month, right now it's all fake moves. --- 3030 is another resistance level; if it can't break through, go short directly. --- Saying "small loss exit" has been repeated hundreds of times. Is anyone listening?

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gas_fee_trauma

· 01-21 19:47

It's another false rebound. This resistance level really isn't just for show. --- Trade war plus Japan rate hikes—honestly, this combo is pretty aggressive. --- If 9050 can't be broken, you really need to consider shorting. Don't fight the market. --- It’s always like this—rebound looks promising but then gets crushed. I'm used to it. --- Exactly. Now it's just waiting for the Fed's move at the end of the month; everything else is noise. --- Long positions really can't hold up in this environment. Cutting losses promptly is the way to go. --- The resistance at 3030 is so firm. Short-term, Ethereum isn't showing any signs of recovery. --- The market opening high in the US session is just to deceive you. Don't be lured in. --- With such a sharp decline, what rebound are you expecting? Recognizing the situation is the most important. --- Really, the smartest move now is to reduce your position size and wait for signals. Don't try to be brave.

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ChainWanderingPoet

· 01-21 19:26

It's the same old trick again, shouting "long live" after a rebound, but in the end, still trapped. This resistance level is really tough. Trade war plus Japanese rate hikes, two-handed attack to the death, bulls have no way out. Falling 3400, and you still call it a rebound? That's funny, bearish outlook, not bullish. Let's wait for the Federal Reserve show, anyway, it's all about psychological games now. The bolder you are, the more you're at risk. Stuck at 9050 again, how many people have their positions liquidated at this level? Breaking the level is just breaking the level; the technical analysis is clear enough. Don't fight against yourself. See you at the end of the month, those who are buying now are all smart.

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