2026-01-09 01:27:27

The recent market sentiment among bulls has clearly cooled off, and Bitcoin has also started to weaken, with support levels being broken one after another. Looking at the 4-hour Bollinger Bands, the upper and lower bands are already opening downward. Although there are occasional rebounds from the technical bottom, the strength of these rebounds is not very strong, and the overall market still feels quite weak. The indicators have not provided a clear rebound signal, and the overall trend is basically clear.

In this kind of market condition, the trading approach should follow the market's rhythm. In the short term, it is more reasonable to adopt a high short position. Specifically, you can consider entering short positions in the 91,500-92,000 range, with targets around the 90,000-89,000 support zone. This area is a key point to observe next.

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AirdropHunterXM

· 7h ago

The Bollinger Bands are all opening downward, this wave of bears is indeed quite fierce. Entering a short position at 91500 still feels safer; with such weak rebound strength, who dares to catch the bottom? Each support level is breaking, we must keep a close eye on the critical 90000 level. Once the bulls' enthusiasm dissipates, it becomes our opportunity. Going short is the right move.

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consensus_failure

· 12h ago

Sigh, another shorting position again. Why did I believe it this time? --- Bollinger Bands opening downward? Feels like I've seen this signal ten times in a month. --- Short position from 9.15 to 9.2? Last time I did this, I got completely wiped out. Is it real? --- Support level being broken so decisively, feels like the bottom hasn't even been touched yet. --- A weak rebound doesn't necessarily mean it will keep falling? Not always, sometimes it's just a buildup. --- I've heard the phrase "go with the market rhythm" so many times, but the problem is, who can really grasp the rhythm? --- I just want to know if this 89,000 can really hold. The previous support level didn't hold either. --- A weak market is actually the most dangerous. Suddenly a rebound can catch everyone off guard. --- No signals from indicators, and you're still willing to specify exact positions? Isn't that gambling? --- Shorting looks reasonable, but I also thought it was reasonable when I lost money.

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NewPumpamentals

· 01-09 01:56

Short positions are back again. I'm tired of this routine, always saying the rebound is weak, and then what? Enter short at 92,000? I think it's doubtful. It feels like only a break below would really open up space. Support levels are being lost one after another. Next time, they'll say it's bottoming out again. It's a cycle, brother. This recent drop is really a bit dull. The rebound can't even lift it, feeling so frustrating. The key is whether it can break below 89,000; otherwise, it's all just a false alarm. I agree with going short at high levels, but can it hold the 90,000 level? It always feels like there's a variable. The Bollinger Bands are opening downward, so just keep falling. Let's see where the break below leads.

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LiquidationAlert

· 01-09 01:53

It's starting to weaken again, and the rebound strength is indeed a bit disappointing. I'm also watching short positions, just worried about a false breakout. Can it really hold around 92,000? Feels like it could drop again at any time. Whether it can hold above 89,000 is the key, right? The bulls haven't had much momentum these past couple of days. Support levels are collapsing one after another, looking a bit grim. But rebounds will come eventually, just not sure when. I'm optimistic about the 89,000 area; if it really breaks below, it’s a concern. Continuing to hold short positions; the trend is already quite clear anyway.

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DegenDreamer

· 01-09 01:51

Here comes another wave of plunges, the bulls really can't hold on anymore --- The Bollinger Bands are wide open, this time it's not a rebound but a crash, right? --- Entering a short at 91500 feels reliable, just worried about a sudden bottom-fishing move --- Support levels are breaking one after another, this rhythm is indeed a bit desperate --- Wait a minute, this rebound strength is really weak, feels like it's about to break the bottom --- The high-altitude short idea is fine, but psychological preparation is the hard part --- Can the 89000 line hold? Feeling a bit anxious --- The market is so weak, short-term shorts are okay to follow, but stop-loss must be in place --- Tsk, another downtrend, short opportunities but also beware of rebounds --- The Bollinger Bands are opening up like this, it seems there's still more downside to explore

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OfflineValidator

· 01-09 01:50

Here we go again. This wave of the market is really quite desperate, with support levels as fragile as paper. It feels like the rebound has no strength at all. In the short term, it's indeed time to consider shorting. Entering around 91,500-92,000 seems reasonable. Keep a close eye on the target area.

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MidnightTrader

· 01-09 01:50

Bollinger Bands are about to break again. This short position definitely should be followed, but it feels like it's easy to get trapped during the rebound. --- Enter short at 91,500. Can it hold the 89,000 level? It's a bit uncertain. --- If the bulls are gone, then let them go. Clearing out positions feels comfortable. --- If it's weakness, then wait until it drops through completely. --- Support levels are breaking one by one, the next is 89K. --- The rebound lacks strength. I agree with this view; continue to short. --- Going short around 92,000 sounds good, but I'm worried about another false breakout. --- Enter short near 92,000. The question is, can it drop to the target this time? --- When indicators show no signals, the technical analysis is the least reliable. --- The entire market is tired; it's just a matter of time before it drops.

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StillBuyingTheDip

· 01-09 01:45

Once again, it's softening. This terrible market really frustrates people. Short positions can be considered, but I still want to buy the dip... after all, I'm a greedy dip buyer. Can 89,000 hold? That's the key. If the rebound lacks strength, it clearly indicates a bearish outlook. The logic is sound. I'll try shorting at 91,500. Anyway, I can't lose much.

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TokenDustCollector

· 01-09 01:39

It's starting to fall again, feels like it's really going to break this time. Short positions should still be cautious; there's too much fake rebound trapping. Enter short at 91500? I'll wait and see, afraid of being snatched away. Can 89000 really hold? It's a bit uncertain. This wave of decline feels like it won't end; it's really frustrating.

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