2026-01-10 06:20:11

Ethereum and Bitcoin are still technically weak at the moment. Yesterday's US stock market was interesting; the first wave of gains in the crypto space didn't keep up, and only in the second wave did it react and follow suit. However, this rebound lacked sufficient support, and it was subsequently hammered down. I personally shorted at high levels, and my position has already doubled. I also see many friends who followed suit have made good profits. Now Ethereum has fallen back into this lower range and is oscillating repeatedly. What’s the outlook moving forward? This level is very critical, and we need to wait for more clear signals. How does everyone judge the upcoming trend?

ETH-1,47%

BTC-0,98%

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BridgeNomad

· 17h ago

ngl, that second wave coordination failure screams liquidity fragmentation issues tbh. seen this pattern before right before the 2021 bridge exploit cascade... weak support structures always collapse under pressure like that.

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OvertimeSquid

· 01-10 18:13

Doubling a high-position short is indeed satisfying, but don't get too cocky. This rebound is just a false alarm; we need to hold our ground. --- That's how the crypto world is—always a step behind the US stocks, by the time you react, you've already been cut. --- Repeated fluctuations at key levels are really annoying; might as well lie flat and wait for signals. --- We've gained quite a bit, but I feel there's still more to come. Let's hold off on exiting for now. --- You're right about the lack of support strength; it seems like we need to keep pushing further.

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metaverse_hermit

· 01-10 06:48

The high-position short really feels good this time, just worried about being caught in the bottom-fishing trap when the market reverses.

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MoonMathMagic

· 01-10 06:39

This wave is indeed weak; those who chased the highs are probably trapped now.

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DeepRabbitHole

· 01-10 06:27

Long positions at high levels are indeed satisfying, but I'm still a bit skeptical about the possibility of further downside since this rebound was crushed so quickly.

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