2026-01-21 17:07:06

Currently, the market sentiment is really not very optimistic. Not only in the crypto world, but also in the US stock market, which experienced a sharp decline yesterday. Although there was a slight rebound at the opening today, it was quickly pushed back down.

Looking at this downward momentum, the correction cannot simply stop in the middle. The long position entered at 90600 yesterday was wiped out at 89999, leaving no room for a stop-loss point.

What's more concerning is that the 90000 level itself is a psychological barrier, with a huge amount of positions stacked there. During today’s rebound, when the price surged near 90000 with massive trading volume, it still couldn't stabilize. From this perspective, do you still expect a repeat of the previous continuous rebound from 92000 to 98000? Honestly, the probability is not high.

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MelonField

· 01-24 17:01

Reaching the 90,000 mark is really a hurdle; it doesn't seem that easy to break through.

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WealthCoffee

· 01-23 22:43

Once again broken through, huh? The 90,000 level is truly a nightmare-level resistance. If it can't hold, it's over. --- Instead of waiting for a rebound, it's better to think about how to bottom out. Those who need to cut losses should do so early. --- Even with massive trading volume, it couldn't push higher, indicating that the bears are very determined. Don't expect a V-shaped reversal. --- The friend who entered at 90,600, I respect you as a man, but it's indeed time to stop loss. --- The US stock market is also crashing together. This is truly systemic risk; the crypto market can't escape. --- Psychological levels are dangerous the more they are round numbers. Bulls and bears are betting against each other here. --- The rebound from 90,000 to 100,000 in the previous wave may really be gone; the rhythm has completely changed.

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SmartContractPlumber

· 01-23 08:38

This wave of decline indeed leaves no room to breathe; the 90,000 level is like an integer overflow bug in a contract—hard to defend against. No matter how many longs pile up, it's all in vain. Essentially, it's a release of systemic risk that can't be filled with technical analysis or imagination.

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SundayDegen

· 01-21 17:21

Damn, it's the same pattern of bouncing back and then crashing again. 90000 is just a trap. If it can't break through 90000, don't even think about it. It's exhausting. The order I entered yesterday was directly pierced through. There's really no room for negotiation on the stop-loss level. U.S. stocks are also crashing, a chain reaction. Will it continue to fall tomorrow? Currently, the short-term rebound probability is indeed low. Just go short when it's time.

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MEVHunterX

· 01-21 17:21

90000 is really a tough barrier; even a massive surge can't stabilize it. Is this rebound just a smoke screen?

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ChainMemeDealer

· 01-21 17:17

90000 is a barrier; it can't be crossed. With such a massive sell-off, it feels like 88000 is the level to stabilize. --- Once again hit by precise stop-loss, this rhythm is really incredible. --- The US stock market is crashing, the crypto circle is crashing, this year has been all about violent drops. --- Psychological levels are just psychological levels; the bulls simply have no strength left. --- With so many positions piled up at 90000, it's strange if it doesn't break. --- That wave of buying yesterday probably got trapped, and the rebound was hammered back down. --- The market from 92 to 98 feels like it's forever out of reach; who dares to chase now? --- The down limit can't hold, who knows where the bottom is. --- The massive volume of transactions still can't stabilize, which clearly indicates everything.

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PretendingSerious

· 01-21 17:15

Once again, I got crushed by the 90,000 level. Feeling bad.

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MeltdownSurvivalist

· 01-21 17:08

If you can't hold 90,000, don't even think about it. This rebound is just a trap, and I wouldn't be surprised if it continues to fall.

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TokenSleuth

· 01-21 17:08

This 90,000 level is really a hurdle. Every time I push up, I get knocked down again. The rhythm is just hard to watch.