January 19, 2026

In yesterday's video, I mentioned that the 92,000 level was tested as scheduled this morning. After the lowest point near 91,910, the Ice Sugar Orange (Ice Orange) index closed its position. On a smaller scale, it showed an overall converging structure during the day. What's next for Ice Orange? Will it rebound and then continue to fall, or has the correction ended and it will start to rise?

The future trend of Ice Orange has two possible scenarios illustrated with red and blue lines:

Red route: A rebound occurs here, encountering resistance at 945-955, then continues to decline, breaking below the 91-92 level. If this path unfolds, Ice Orange will officially confirm a downtrend, with the 97,900 level becoming the highest point before the Spring Festival.

Blue route: The movement here is a correction of the upward trend from 84,450 to 97,900. After finding the correction's end recently, it will continue to rise, potentially reaching a new high above 97,900 as early as this week. If this happens, the 4-hour K-line and daily candlestick bodies should not break below the red support zone shown.

Trading itself is a game of probabilities. Over the next one or two days, I will focus on Ice Orange's movement. If it forms a rebound structure, I will look for opportunities to short (I believe many friends are also waiting to short aggressively at 94-95). However, I won't be certain that it's just a rebound. This is also why I still hold spot and long positions: if it weakens, I will clear and short; if it strengthens, I will continue to hold, responding to changes with consistency.

#加密市场回调 $BTC $ETH