2026-01-21 18:21:32

Looking at the recent candlestick trends, there are several key price levels worth paying attention to.

**Where is the bottoming layout?**

The 2800 to 2850 range is a good support zone. The 7-day clearing chart shows that this area is packed with short-term bullish positions, often serving as a rebound point after the main force dumps high-leverage positions. You will see typical lower shadows forming, with clear support on the daily chart.

**Where should the rebound be sold?**

The first choice is between 3060 and 3100. This level is very critical — both the 1-day and 7-day charts show dense short covering positions above. Once the price hits 3000, short positions may be forced to close, triggering a chain reaction, and the price can quickly break above 3060. However, such short-covering-driven rallies are often false highs, making them ideal for taking profits in stages. It’s essential to know when to lock in gains promptly.

**The easiest trap to fall into**

After the price breaks through 3000, closely monitor the (Open Interest) indicator. If the price hits a new high but open interest decreases, that’s dangerous — it indicates the rally is entirely driven by short covering without new funds entering, a typical false breakout trap. Decisively reducing positions in stages is the correct approach. Conversely, if the price rises and open interest steadily increases, it shows the bulls are genuinely attacking, and the rally can continue.

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MetaverseLandlady

· 7h ago

The liquidation pile is indeed worth watching, but the real test is at the 3000 level. Keep a close eye on the OI data and don't be fooled by false breakouts.

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InscriptionGriller

· 7h ago

Playing the liquidation sniper game again, it's a common topic. The key is whether this wave can truly attract new funds, so it doesn't turn into a fake high with a massive short squeeze again.

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OnchainDetective

· 7h ago

According to on-chain data, the liquidation pile-up at 2800-2850... I had already guessed this. After the main players de-leverage, a rebound is inevitable; the pattern is very typical. But the key point is at 3060, where the chain reaction of short positions being liquidated can easily cause a false breakout. This is the focus I need to watch.

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CryptoPunster

· 7h ago

Smiling while bottom-fishing and smiling while getting trapped, this is my daily routine. 2800-2850 is not support, it's giving away wealth, brother. Honestly, I've seen many such margin calls and surges. When it hits 3060-3100, it just runs away. Don't expect to get the last piece of meat. Still chasing high when the open interest decreases? That's just giving yourself a leek box meal. Every time I say to take profits in time, but isn't it just watching it rise and then heartbroken when cutting losses? I know this routine too well. The bigger the contrast, the harsher the loss. I've engraved this in my heart.

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BlockBargainHunter

· 7h ago

If you can catch 2800, you're considered a winner. Who dares to go all-in in this environment?

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