2026-01-09 01:26:04

This morning's market trend basically aligns with expectations, with the bulls showing insufficient strength. From a technical perspective, the overall market is still in a oscillating downward trend. Until the key resistance level is effectively broken through, the subsequent trading strategy remains biased towards bearishness.

On the Bitcoin side, short-term support levels to watch closely are around the 90,000 mark. If it breaks below, the next focus should be on the area near 89,000, which could serve as a rebound point.

The situation for Ethereum is similar; 3050 is the current level to defend. Once it is broken, the focus shifts to around 3000. Overall, the bears still hold the advantage, and no clear reversal signals have appeared.

BTC3,54%

ETH6,73%

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AllInAlice

· 01-11 22:16

The current downtrend is really fierce; if it breaks 90,000, I'll cut my position and run. Still bearish again, when will this bottom out? Can it rebound at 89,000? I can't gamble anymore. If 3050 can't hold, I'll be completely panicked. Just wait for the bottoming. This market is so dull, when will there be a definitive trend?

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BridgeNomad

· 01-10 11:59

ngl the support levels u mentioned feel like liquidity pools waiting to get drained... seen this movie before with the ronin bridge collapse. 89k and 3k are basically counter-party risk nodes at this point, tbh

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FantasyGuardian

· 01-09 01:56

The bulls can't push it up anymore. This time, it really feels like Bitcoin is going to dip further... The bears are still in control; it doesn't seem like there are any good buying points. Once 90000 breaks, it will be about 89000; I bet this round can rebound. Ethereum at this level doesn't mean much; just wait for it to come down. Reversal signals? Where? I haven't seen any. Another day of volatility. When will we finally see some directional movement...

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GateUser-e19e9c10

· 01-09 01:55

It's another dominance of the bears. This wave indeed shows little sign of improvement. The bulls are really weak; we must hold the 89,000 level. Wait, if the 3050 level breaks, can this wave turn around... it's a bit uncertain. With this market rhythm, it feels like it still needs to fall.

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RetailTherapist

· 01-09 01:52

The bulls are so weak, it feels like it still has to fall further. The bears want to fully capitalize on this wave to be satisfied. Once 90000 breaks, it will head straight to 89000, no suspense. There's a pretty good chance that 3050 won't hold. This market really feels stifling right now. When will the rebound signals come? It's time to buy the dip again, and the wallet is about to cry. The entire market is just steadily crashing downward. With such a clear advantage for the shorts, are there still people taking the bait? If the bulls are so weak, how dare they rise?

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PriceOracleFairy

· 01-09 01:37

nah bears got the wheel rn, that 90k level gonna be absolutely juicy if it breaks... watched this exact pattern twice last cycle, entropy's just building tbh

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airdrop_huntress

· 01-09 01:27

Bullish momentum is really weak, it feels like it will continue to decline It's back to a bearish trend, so uncomfortable If 90000 can't hold, it's game over 3050 is gone, and Ethereum will have to follow to hell Feels like the bottom is nowhere in sight, who knows when the reversal will happen The bears are really fierce this time, with no signs of a rebound Another day of bearish outlook, what should I do with my long positions? Can 89000 hold? It feels like it's about to break There are no good news in the entire market, so frustrating

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