2026-01-21 13:10:28

#数字资产市场动态 ## January 21 Evening Market Analysis

From a multi-timeframe perspective, the $BTC situation has become quite clear—selling pressure has completely taken control of the rhythm.

Looking at the 4-hour chart, the price broke through the middle band of the Bollinger Bands and continued to stay near the lower band. Each rebound is stuck below the middle band, and the trend channel clearly points downward. The MACD volume continues to release energy, and the bearish momentum still has strength. This is not just a correction but a deepening downtrend.

Switching to the 1-hour timeframe, the situation is even more disheartening—rebound attempts are weak, each high point is lower than the previous one, and trading volume cannot keep up, making it seem like the bulls are wasting effort. Every upward attempt becomes an opportunity for the bears to ambush. Therefore, our strategy is straightforward: as long as the downward trend remains unchanged, any rebound should be shorted. For now, forget about bottom fishing.

**Trading Ideas**

$BTC: It’s better to set short positions in the 89,000-90,000 range, initially focusing on 86,000, with a later target of 84,000 support.

$ETH: 2950-2980 is suitable for short entries, with a recent target of 2860. If the support breaks further, watch for 2800.

$XRP and other altcoins can follow the overall market trend.

BTC0,8%

ETH1,29%

XRP4,48%

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AirdropSweaterFan

· 8h ago

Oh my, it's another trap of a short squeeze rebound. This time really isn't a bottom-fishing opportunity.

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MEVHunterX

· 8h ago

Here comes another short-selling tutorial, it looks like a mandatory course for high-level bagholders.

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MevShadowranger

· 8h ago

Here we go again with the same old rhetoric... Bollinger Bands, MACD, does anyone really make money by copying the bottom based on these? --- Short at 89,000? Should have done it earlier, why mention it now? --- I just want to know what happened the last time you were so bearish... --- Are rebounds all traps? You really dare to say that, interesting. --- Every time it's "the trend is clear," and then what... --- Volume not keeping up = bulls have no strength? That logic works too? --- Based on your analysis, just go all-in on shorts, why bother looking at support levels? --- Alright, I’ll bet on a rebound, let’s see what happens. --- Starting to get anxious again, see you at 82,000. --- This wave feels like bouncing back and forth between bottom-fishing and shorting...

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AltcoinMarathoner

· 8h ago

ngl, this is just mile 20 of the bear marathon—painful but predictable. the fundos haven't changed, just the tape action being tape action. shorting every bounce sounds exhausting tbh... remember when ppl said the same thing at 40k? patience wins ultra-marathons, not panic trades.

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MidnightSnapHunter

· 8h ago

Here comes another wave of sell orders, this bearish trend really never ends... Entering a short position again at 89,000 feels a bit risky. The Bollinger Bands are touching the lower band, every rebound gets suppressed, it's really uncomfortable to watch. Can 86,000 hold? It seems like 84,000 is the real support. ETH's recent drop has been quite sharp, 2860 should be fine, right? Forget about altcoins, just follow Bitcoin's rhythm and you'll be on the right track.

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ChainWanderingPoet