2026-01-08 02:50:20

Geopolitical risks are intensifying, and market risk aversion sentiment continues to ferment. As a risk asset, Bitcoin has recently followed the stock market under pressure, with prices repeatedly oscillating below moving averages, and rebound momentum is clearly insufficient. The overall pattern appears to be bearish.

From a technical perspective, here is the current situation of Bitcoin:

Rebound encounters resistance, consider shorting. If the price rebounds to the 91800-92500 range and faces resistance, you can enter a short position with a small amount. The key support levels below are 90000-89800. If these are broken, there may be further downside in the short term.

But don’t be completely bearish. If the price shows signs of stabilization around 90000-89800, such as a reversal in bottom candlestick patterns or shrinking trading volume, you can try a small long position to catch a rebound, but don’t be greedy.

Ethereum’s rhythm is similar: resistance at 3250-3300, with targets around 3150-3100. Binance Coin also faces similar pressure.

Overall, the current stage mainly focuses on shorting high and buying low as a supplementary strategy. Be patient and wait for key support levels to show signs of stabilization before considering entry.

BTC-0,11%

ETH0,06%

BNB0,91%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
8
Repost
Share

Comment

0/400

TradFiRefugee

· 4h ago

Starting to talk about shorting at high altitude again, feels like this round won't end until it breaks 90,000.

View OriginalReply0

alpha_leaker

· 8h ago

It's the same old high-altitude low-buy strategy... I'm tired of hearing it. The key question is whether we can really break through the 89,800 hurdle.

View OriginalReply0

ContractCollector

· 01-08 03:19

Here we go again with the high leverage and low buy-in... I feel like every time I say this, the market just goes the opposite way. Wait, can 89800 really hold? Feels like it's already broken. This round of geopolitical tensions is indeed a bit annoying, but when isn't the crypto world about risk aversion... I support entering short positions with a small amount, just worried that as soon as I do, it rebounds—that would be really uncomfortable.

View OriginalReply0

0xLostKey

· 01-08 03:15

Again with the bearish mindset? Forget it, I'll continue to buy the dip. Anyway, it’s bound to rebound after falling too much. --- Is around 90000 really the bottom? It feels like every time they say it's support, then it breaks. --- Listening to high short and low long stories until my ears are calloused. Just want to know when it will go up. --- I've heard this geopolitical rhetoric too many times. People in the crypto circle always need a reason to explain the bear market. --- If it really retests the 91800-92500 range, I’ll go short and take a gamble to see if I’m right. --- Instead of looking at these charts, it’s better to pay attention to the news. What are the funds waiting for? --- To the brothers holding full short positions and waiting for liquidation—keep going! --- If 89800 breaks, do we really need to keep probing lower? It feels like this is basically the bottom.

View OriginalReply0

BearMarketSunriser

· 01-08 03:02

It's that same pattern of high altitude and low buying... Feels like we're waiting for a sign of a bottom every day, but the bottom signal hasn't come yet. Been short for so long, my hands are getting itchy. If it really breaks below 89,800, I think someone will have to cut losses. Can we hold the 90,000 level? Feels uncertain. Geopolitical risks... Nice words, but isn't it just the whales harvesting retail investors? ETH is also heading downward, really unlucky.

View OriginalReply0

CryptoSourGrape

· 01-08 03:01

If I had known that 92,000 was the ceiling, I wouldn't have increased my position at the high... Now I'm just waiting for it to break below 89,800. Will the joy of bottom-fishing be worth the price then?

View OriginalReply0

TopBuyerBottomSeller

· 01-08 02:59

It's the same "patience and wait" approach... I was waiting like this last year, and as a result, I missed the rebound. Focusing on shorting? I think you're trying to get me to take over.

View OriginalReply0

SerNgmi

· 01-08 02:57

Starting to talk about high-altitude shorting again, sounding like a theatrical performance --- Can the support at 90000-89800 hold? Feels like it's about to break at any moment --- How long has the geopolitical risk excuse been used? Crypto people just love to shift blame --- Short after rebounding to 92500? Feels like this is just a pie in the sky --- It's true not to be greedy; cutting losses is the norm, haha --- Waiting for a sign of a bottom to get rich overnight? If it were that easy, we'd be financially free already

View OriginalReply0