2026-01-08 02:21:39

Recently, the technical and market charts have shown a clear oscillating and slightly bearish trend. The price found temporary support around 90830, but the rebound momentum has always appeared somewhat weak. From the spot market perspective, funds are continuously flowing out, and the price has yet to effectively break above the MA20 resistance. In this scenario, a cautious bearish approach may be worth considering.

Specifically, in terms of trading strategy, you can consider shorting near the 91720 resistance level or wait for the price to break below the 90830 support before entering a short position. The ideal entry zone is approximately between 91600 and 91750. For stop-loss placement, it is recommended to set it at 92500, corresponding to a stop-loss of about 3.5%. Of course, you can also adjust this to within 3-4% based on your risk tolerance.

As for target levels, the first target is around 90800, the second target is 90200, and if the market continues to weaken, the third target can be set at 89500. This multi-tiered target setup provides room for strategic upward adjustments and facilitates partial profit-taking or flexible adjustments. The key is to always monitor the flow of spot funds and the market’s attitude toward key support levels. The market is always giving us new opportunities and challenges.

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AirdropBuffet

· 01-10 18:26

Funds continue to flow out, and this signal is starting to become unsustainable. If the 90830 level breaks, it should follow the bears.

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LiquidationWatcher

· 01-09 16:58

A weak rebound is indeed a signal, and I generally remain bearish when funds are flowing out of the market. However, the support at 90830 is a bit fragile; if it breaks, it will head straight to 90200. I think it's worth trying to short at the high around 91720, just beware of a false breakout. It's really uncomfortable to go long right now; it's safer to wait until a breakdown before shorting. Funds are all fleeing, and a rebound is an opportunity. It would be great if this wave could reach 89500; taking profits in stages depends on MA's attitude. A 3.5% stop loss is a bit wide; I usually exit at 2.5%.

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VitalikFanAccount

· 01-08 02:51

With such obvious capital outflow, what are you waiting for? The bears should indeed take action.

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RumbleValidator

· 01-08 02:50

The ongoing capital outflow signals must be taken seriously; this is no small matter. The MA20 is suppressing the rebound, indicating that the selling pressure is indeed controlling the market. The position at 91720 remains a valid point for shorting on rallies.

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token_therapist

· 01-08 02:49

Capital outflow + weak rebound, this wave is indeed dominated by bears, but don't put too much trust in the 90830 support, as it easily attracts false signals.

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MEVSupportGroup

· 01-08 02:46

The outflow of funds cannot be ignored; a bearish mindset should indeed be considered. This rebound is too weak; I feel like 91720 should be decisively acted upon. Once 90830 is broken, it basically heads towards 89500; this multi-level profit-taking strategy must be followed. MA20 remains unable to push through; this is a dead signal. The real trap is the withdrawal of spot funds; don't be overly bullish in the short term.

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NewDAOdreamer

· 01-08 02:43

Funds are continuously flowing out, and the rebound is so weak. The bearish strategy is indeed reliable.

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