2026-01-02 02:23:24

Golden Week initially moved out of a typical weak trend. After the daily chart formed a dark cloud cover, the rebound momentum continued to weaken. You will find that each upward surge is like a tiger's head and a snake's tail—bulls simply cannot organize an effective offensive. The entire trend is pressed within a downward channel, repeatedly attempting to break through but failing multiple times.

Looking at the hourly chart makes it even clearer—lows are continuously making new lows, and rebound highs are also trending lower. Early in the session, it surged to 4355 but quickly turned around; the upward momentum showed no signs of continuation. Although there was a gap up, that momentum was simply not enough, and the pressure to fill the gap remains.

Once the gap is filled and there is no follow-up volume? That becomes dangerous. If the 4300 level is broken, the next target is most likely the previous low at 4273. The bears currently hold the advantage, and the correction may not be over yet.

Trading still requires a plan—don't let the market lead you by the nose. In this current situation, the bears have a clear advantage, and how it develops next depends on paying close attention to those key levels.

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AirdropHermit

· 6h ago

The bull head and snake tail this time is really incredible, the bulls have no chance at all --- Once 4300 breaks, it's time to run, no suspense --- Another day of bearish celebration, my long positions are crying --- The gap fill thing is bound to happen sooner or later, it all depends on the volume --- Planning is important, but the market is more realistic haha --- The lows are still making new lows, this downtrend channel really can't hold anymore --- Waiting for 4273 to be the end point, it's still early --- The term "diminished momentum" is used perfectly, nobody is buying it anymore --- Repeated attempts to break through and repeated failures, it's quite torturous --- Don't operate blindly now that the bears are in control, keep some funds and don't go all in

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0xSleepDeprived

· 01-02 03:18

Another day of false starts and disappointments. The bears are too arrogant, and my long positions have been wiped out again.

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VitalikFanAccount

· 01-02 02:51

Another day of false starts and disappointments. The bulls really should reflect on their strategies.

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TokenUnlocker

· 01-02 02:49

The phrase "虎头蛇尾" is so perfect. The bulls really have no temper. --- Breaking 4300 is truly troublesome; we must hold this line. --- Here we go again. Every time, they talk about key levels, but the market still plays itself. --- The gap fill thing is unreliable; volume is the real king. --- Happy days for the bears. We just need to be patient and not move recklessly. --- After the dark clouds gather, it’s all downhill. Who can withstand this rhythm? --- Exactly, a plan is a hundred times more reliable than following the trend. --- Each low point is lower than the last; this trend must be respected. --- That gap-up opening with some momentum isn’t even enough to fill a gap. --- The key is whether there’s enough volume to absorb the buy-in; otherwise, it’s just a bear party.

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zkProofInThePudding

· 01-02 02:49

Another round of being cut, this lousy market trend is truly a classic example of a false start.

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HalfBuddhaMoney

· 01-02 02:49

It's another day of being all talk and no action. The bulls really can't get organized; it's exhausting just to watch.

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LowCapGemHunter