The recent crypto market has been somewhat stirred up by positive policy signals. In just 6 hours, market sentiment catalyzed a quick surge, but the question is—how far can this rebound go?
Honestly, the current market logic is quite clear: expectations of favorable policies have strengthened underlying market confidence, which can attract a wave of cautious funds in the short term. But don’t be fooled by the superficial prosperity; such news-driven rallies are very prone to triggering rapid high-frequency trading entries and exits, often resulting in sharp "pin" movements.
From a technical perspective, Bitcoin is currently facing a new resistance zone at $96,800-$97,200. If it can truly hold this range driven by sentiment, then $95,500 becomes a key support. However, once the sentiment wanes and it breaks below $94,800, the situation changes—the risk will significantly escalate.
Ethereum’s rhythm is similar, with $3,400-$3,450 as the new resistance, $3,260 as medium-term support, and below $3,200 requiring a reassessment of the trend.
Here are two strategies: aggressive traders can go long during high news sentiment, but must set stop-losses; more conservative traders might prefer to wait for the price to retest key supports before considering building positions, as the risk-reward ratio will be more favorable. The key is not to let short-term volatility dictate your judgment.
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not_your_keys
· 20h ago
Short-term sentiment just wants to push you to rush in? Wait to get pierced, haha.
Another wave of policy benefits to cut the leeks, just a routine, no need to expose it.
Breaking below 94800 is really dangerous; this time I’ll wait for a pullback before going in again.
Emotions are the most deceptive; a 6-hour rise and fall mean nothing.
The thrill of getting pierced, I’ve had enough of that...
Policy benefits = high-frequency trading in and out? I’ve heard this logic too many times.
If the support level doesn’t hold, what’s there to talk about a rebound?
To go long in the short term, you need to have courage and stop-loss; I choose to lie flat.
This round is very similar to the last "positive signal," but what was the result...
Still optimistic about ETH, wait for a pullback to 3260 before considering it. Why rush?
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BearEatsAll
· 01-21 18:51
Another policy news push, I just want to see how long it can last this time haha
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LiquidationWatcher
· 01-21 18:50
Once again, this kind of news-driven, volatile market. A quick surge every 6 hours followed by a sharp dip to shake us out—I’m tired of it. Setting proper stop-losses is really important; otherwise, it’s easy to get caught and liquidated.
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NftMetaversePainter
· 01-21 18:42
actually the algorithmic beauty here is how policy sentiment functions as a generative input to the market's computational substrate... those resistance levels you mentioned? they're basically hash values in the blockchain primitive of price discovery, tbh
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SerLiquidated
· 01-21 18:36
Once the policies loosen, they'll rush in. This time, they'll probably be injected again. I've seen through it long ago.
The recent crypto market has been somewhat stirred up by positive policy signals. In just 6 hours, market sentiment catalyzed a quick surge, but the question is—how far can this rebound go?
Honestly, the current market logic is quite clear: expectations of favorable policies have strengthened underlying market confidence, which can attract a wave of cautious funds in the short term. But don’t be fooled by the superficial prosperity; such news-driven rallies are very prone to triggering rapid high-frequency trading entries and exits, often resulting in sharp "pin" movements.
From a technical perspective, Bitcoin is currently facing a new resistance zone at $96,800-$97,200. If it can truly hold this range driven by sentiment, then $95,500 becomes a key support. However, once the sentiment wanes and it breaks below $94,800, the situation changes—the risk will significantly escalate.
Ethereum’s rhythm is similar, with $3,400-$3,450 as the new resistance, $3,260 as medium-term support, and below $3,200 requiring a reassessment of the trend.
Here are two strategies: aggressive traders can go long during high news sentiment, but must set stop-losses; more conservative traders might prefer to wait for the price to retest key supports before considering building positions, as the risk-reward ratio will be more favorable. The key is not to let short-term volatility dictate your judgment.