2026-01-21 18:21:09

Last night, Bitcoin and Ethereum experienced consecutive downturns, proving that the psychological barrier is quite resilient. There were two opportunities today to short at high levels; those who seized them should have made a good profit. Bitcoin failed to hold above 90,000, and Ethereum couldn't stabilize around 3,000. Retail traders who missed the morning rally started to panic in the evening, trying to buy on the rebound, but Bitcoin surged to 90,600 and Ethereum to 3,026, yet both couldn't hold. For those caught in long positions, this is a lesson learned.

Currently, the lows are around 87,200 and 2,864. For traders still holding short positions, it's safe to hold on. This week's target is 80,000, and next week, the market may continue to dip to 75,000.

The opportunity to get in hasn't passed—continue to short at high levels. The key resistance levels for Bitcoin are around 89,000 and 90,000. Consider shorting around these two levels, with downside targets at 88,000, 87,000, and 86,000. For Ethereum, resistance is at 2,960 and 3,000; similarly, short positions can be taken within this range, with targets down at 2,900, 2,850, and 2,800.

BTC0,8%

ETH1,29%

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SatoshiNotNakamoto

· 9h ago

It's the same old story. Those who chase highs should wise up. If you can't break 90,000, you really should give up.

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ConsensusDissenter

· 14h ago

Those who chase too much should really reflect; crossing the integer threshold means failure, and greed will lead to losses.

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InscriptionGriller

· 14h ago

This wave of 90000 and 3000 is just a leek harvesting machine, how many people got caught here, haha. Chasing longs now definitely has people crying, I already said that crossing integer levels is the start of a death spiral. 80,000 is the real bottom, don't buy more, everyone. The capital scheme loves to shake out traders repeatedly. Holding short positions firmly is the key, continue to push down to 75,000 next week, it's still not too late to get on board now. At the 90,000 level, heavy short positions are buried, and the leek is being cut ruthlessly. When market sentiment explodes, everything crashes. With the market moving like this, retail investors are dying very quickly. Only experienced traders like Lao Ma know the way out to survive.

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OldLeekConfession

· 14h ago

Those who chase more should reflect; this round of integer milestones is truly fortress-level.

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MoonlightGamer

· 15h ago

Another integer threshold and defense line, just hearing it makes me tired. It's better to honestly watch the trend rather than doing so many tricks. --- It's really deserved for those who get trapped after chasing longs. Such an obvious trap, and still falling for it, serves them right to cut losses. --- Can the 80,000 level hold? Sounds easy to say, but it might break again when the time comes. --- Falling into an ambush at high altitude sounds good, but I'm afraid no one will take the bait after waiting so long. This industry is all about betting on probabilities. --- Retail traders see a rebound and want to go long. This problem needs to be fixed, or they'll always be like chives (small traders always getting cut). --- 75,000? That's a pretty big target. Maybe the rebound will slap you in the face. Have you seen it happen? --- Are the short positions solid? Easy to say, hard to do. Just a 3% correction and they start to waver. --- I just want to know how many people are lurking at these pressure levels. If everyone is placing orders here, they would have been eaten long ago. --- I can see that the integer threshold defense line is strong, but overdoing it isn't necessarily a good thing. --- Missing the chance to get in isn't because there's no opportunity, but because I can't see through it. Instead of chasing highs, it's better to wait for a confirmed break.

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ParallelChainMaxi

· 15h ago

Speaking of which, this wave of short positions really made a killing, 90,000 is truly a solid barrier... Retail investors are still chasing longs, but we've already run away haha

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