2026-01-09 01:50:27

Friday's market is once again at a point of emotional release. In recent days, the market sentiment has been bearish, with Bitcoin steadily declining step by step from above, gradually breaking through support levels. The 89,200 level has been pierced. Our trading approach is straightforward—follow the trend and go short. Continue to sell on any rebounds; the rhythm is clear, and profit potential has been fully realized.

Last night, Bitcoin did rebound from a low point, but was pushed back around 91,500. The rebound lacked strength, and the bulls seem a bit weak at this moment, which can be felt from the candlestick charts.

From the technical perspective of larger and smaller timeframes, bears are basically in absolute control. No effective signs of a bottom or reversal pattern have appeared yet. Since the overall trend is still downward, our strategy remains unchanged—continue to look for opportunities to short on dips.

**Trading Reference**

**$BTC**: Enter short positions in batches around 91,500/92,000, with key support below at 89,000-88,000.

**$ETH**: Short around 3,120-3,135, targeting 3,050-3,000.

Trade with the trend, control your position sizes, and pay attention to rhythm and risk management on Friday. By mastering these points, you won't fear how the market moves.

BTC3,57%

ETH6,82%

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BlockchainBouncer

· 01-12 01:04

Another wave of a bear market feast, the bulls are really too weak, I like this rhythm

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SchrodingerWallet

· 01-12 00:15

The recent short squeeze was indeed fierce, but the rebound is so weak that it's a bit suspicious. It feels like the bulls have run out of momentum.

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quietly_staking

· 01-09 02:19

It's the same short-selling logic again. The reasoning is correct, but can we really catch the bottom? The bears are so aggressive that I'm a bit scared, feeling like a black swan could cause a direct reversal. Profit margins being released? Or are they just taking advantage of retail investors? This round of decline feels like a shakeout; breaking 89,000 indicates someone is eating up the supply. Risk control on Friday is very important; reducing your position by half first will make you feel more at ease. If 89,200 doesn't hold, there's no bottom; who dares to catch the bottom at this time? A lack of rebound strength doesn't necessarily mean a crash; sometimes, this is just the calm before a big surge.

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NotSatoshi

· 01-09 02:17

Another wave of bearish suppression, the 91,500 support line is truly fragile and pitiful. The bulls currently seem unable to push it up.

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MEVSandwichMaker

· 01-09 01:59

The bears are really aggressive right now, with 91,500 being hammered down again. The bulls are a bit weak.

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