2026-01-21 13:20:54

We established long positions on Bitcoin early in the session, and indeed we caught a wave of rebound during midday. Although Bitcoin showed signs of recovery, the overall trend remains weak. The bearish sentiment is too strong; whether it's BTC or ETH, both are being suppressed and struggling to breathe. The rebound is not significant, and repeated short-selling pressure keeps pushing the price back down. Recently, market sentiment has been quite pessimistic, so we need to continue observing whether it can break through this resistance.

BTC2,33%

ETH2,86%

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GasWrangler

· 9h ago

ngl the bounce was mathematically underwhelming... if you actually analyze the mempool data, those short positions are just dominating the base layer right now. technically speaking, the pressure differential between buy and sell orders is demonstrably inefficient. need better throughput on breakout attempts tbh

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ImpermanentPhobia

· 9h ago

Are the bears so fierce? The bulls have been pushed back again, boohoo

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StablecoinArbitrageur

· 9h ago

*adjusts glasses* okay so the correlation between spot resistance and futures funding rates tells me this bounce was statistically predictable... typical 30-basis point range compression before the real move. not impressed tbh.

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StableNomad

· 9h ago

ngl the risk-adjusted returns on that morning long just don't math out... seen this movie before, statistically speaking shorts always win when sentiment gets this compressed. tbh the correlation coefficient between btc dumps and eth capitulation is basically 1.0 rn, back in the luna days we thought the same bounce was "the reversal" too lmao

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ForkMaster

· 9h ago

Thinking of breaking through with just this little rebound in a bear market? Laughable. You need to keep holding, and without reliable, substantial funds entering the market, it's all pointless.

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MEVHunter_9000

· 10h ago

The bears are pushing hard, and every rebound gets hammered back down. This rhythm is really uncomfortable.

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SatoshiHeir

· 10h ago

It should be pointed out that your set of arguments appears overly optimistic in the face of on-chain data. The argument that the rebound is not significant cannot fundamentally disprove the overwhelming advantage of the bears; it is clear that market consensus has not yet been established. --- Laughing again, what breakthrough pressure are you waiting for... You should have read the white paper long ago to understand the essence of Bitcoin, rather than staring at the K-line chart every day and dreaming. --- Listen to me, everyone. The repeated pullbacks in this wave precisely demonstrate the fragility of the current stage of value consensus. The fundamentals haven't changed, but confidence has shattered. --- Undoubtedly, the fierce bearishness indicates that the market is still digesting the previous bubble. Keep observing, it’s high time to position for the next cycle. --- Based on the following analysis, the sentiment has suppressed the fundamentals, and that is the real issue. The rebound is just a weak, dying struggle.

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