The longer the oscillation cycle, the more vigorous the rebound tends to be. This is a pattern noticed by many traders.
Yesterday, we suggested paying attention to the upward opportunity of BTC around 89,500, leaving about 2,000 points of operational space. Ethereum is also showing a similar rhythm around the 3,050 region, with a fluctuation amplitude of approximately 70 to 80 points.
The 89,300 level is quite critical, serving as a zone for top-bottom reversal. The support here is quite solid, and there should be a good upward momentum following.
From today's perspective, it's still important to keep an eye on the oscillation rhythm. Consider gradually going long between 90,000 and 89,500 on the downside. If the price moves to the 92,800 to 93,300 range on the upside, gradually reducing positions or shorting could also be a strategy.
Market opportunities are created over time; there's no need to rush.
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ApeWithNoFear
· 8h ago
89300, there really is something here. Waiting for the rebound.
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LiquidationOracle
· 01-09 05:57
89300, this critical level really needs to hold, otherwise a new support point will have to be found.
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OnchainHolmes
· 01-09 05:56
89300, this level is really holding up well. Waiting for the rebound is a bit of a grind.
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StableNomad
· 01-09 05:56
ngl the 89300 support thesis reminds me of UST in may... actually held way longer than it should've. statistically speaking tho, those consolidation bounces do slap when they finally break. not financial advice but if smart money's really accumulating down there, risk-adjusted returns look decent for a scaled entry around 89500-90k. thesis checks out imo
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TokenomicsDetective
· 01-09 05:55
89300 that key level is indeed quite interesting; if the support is so solid, a rebound might really happen.
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CryptoSourGrape
· 01-09 05:55
If only I had listened yesterday, now seeing the 89,300 rebound really makes me want to vomit blood.
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GateUser-75ee51e7
· 01-09 05:43
89300 is indeed a solid level; now it's just a matter of whether it can hold.
The longer the oscillation cycle, the more vigorous the rebound tends to be. This is a pattern noticed by many traders.
Yesterday, we suggested paying attention to the upward opportunity of BTC around 89,500, leaving about 2,000 points of operational space. Ethereum is also showing a similar rhythm around the 3,050 region, with a fluctuation amplitude of approximately 70 to 80 points.
The 89,300 level is quite critical, serving as a zone for top-bottom reversal. The support here is quite solid, and there should be a good upward momentum following.
From today's perspective, it's still important to keep an eye on the oscillation rhythm. Consider gradually going long between 90,000 and 89,500 on the downside. If the price moves to the 92,800 to 93,300 range on the upside, gradually reducing positions or shorting could also be a strategy.
Market opportunities are created over time; there's no need to rush.