2026-01-09 09:22:20

Recently, Bitcoin and Ethereum have experienced the expected correction in the market. This trend was mentioned during last night's live broadcast, and the current performance is completely in line with expectations.

From the decline to the rebound, it is currently just a minor secondary bottom. The areas around 898 and 305 are worth paying attention to, as they are ideal entry points for long positions. I have already increased my Bitcoin holdings and opened thirty Ethereum contracts.

The key support level is at 89—if it breaks below this, stop-loss and exit; otherwise, hold and wait for the upward trend. The technical basis for this level is strong; a bullish engulfing pattern has already formed on the 15-minute chart, which can be used as a reference for support judgment.

Ethereum's situation is clearer. The correction was completed during last night's decline, and drawing a trendline on the 1-hour chart makes it obvious. Once the green support line is broken, stop-loss; otherwise, continue holding and wait for the real start of the upward trend.

BTC1,46%

ETH1,93%

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NFTDreamer

· 15h ago

Haha, just like I said in the live stream, this wave is indeed quite steady. We need to hold this line at 89; if it breaks, we have to run, can't be greedy. The trend line of the second pancake is clearly drawn, just see if it can hold this wave. Adding more to the big pancake is quite bold; I'm still on the sidelines. Ethereum's rebound should be able to hit a decent high point.

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Degen4Breakfast

· 01-10 10:34

Add more when the second bottom is reached? Man, your courage is really big. I'm still waiting for the 89 breakdown. Didn't watch the live stream last night, got cut again, huh haha. When the green line breaks, I immediately run. I’ve learned this move. Thirty contracts, hmm... good luck, brother. Is the engulfing pattern reliable? Feels like every time I hear this, I still get trapped. Wait, is the 305 level really the bottom?

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CryptoPhoenix

· 01-09 09:52

Nirvana rebirth has always been like this: first falling, then rising. I have already increased my position, believing that the dawn will eventually arrive. Remember, when losing money, it's most important to stay clear-headed. This wave of decline is actually building momentum for the next rally. If it drops below 89, cut your losses; otherwise, hold on tightly. The law of conservation of energy applies just as much in the crypto world. The bottom range is indeed an opportunity, but don’t be blinded by rebounds. Patience is a virtue. Having experienced a 50% cut in 2018, this correction is really nothing. The key is your mindset. Once again, the market teaches us a lesson. The phoenix will always be reborn from its ashes.

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MoonMathMagic

· 01-09 09:52

Ha, it's the same pattern of a double bottom again, but the key level at 89 definitely needs to be watched closely. --- Already added more? I'm still hesitating, feeling like the main players are playing psychological warfare. --- Is the engulfing pattern reliable this time? Last time I almost got caught because of this reason. --- As soon as the green line breaks, I’ll run. Stop-loss is set, lesson learned. --- Ethereum is really much clearer than Bitcoin. I agree with this logic. --- Regarding the 898 level mentioned in the live broadcast, is everyone who entered still doing okay, haha? --- Thirty contract positions, quite brave, I just don’t dare to move. --- Break the level and then exit; this is the most solid operation. --- Is 305 really a low buy point? Feels like I should wait a bit longer. --- The one-hour trend line, this time it probably won’t be a false breakout again.

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GateUser-a180694b

· 01-09 09:42

Yeah, this time we didn't go off-topic. Just waiting to see if 89 breaks or not. Once 89 breaks, I have to run; too many people are holding this point. Thirty contracts in the futures are quite aggressive; how much unrealized loss is there? I agree with the judgment of a second bottom, but it's mentally exhausting. Following the live broadcast, but in the end, I still need to watch the market myself to feel at ease. The green line breaking really means it's time to exit; don't hold against the trend, friends. It looks stable, but I'm just afraid it might suddenly drop, and there's no way to prevent it. Does the engulfing pattern from last night still hold? We need to see.

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MondayYoloFridayCry

· 01-09 09:41

Haha, it's the same logic again. Every time they say it meets expectations, but what’s the result? I’m skeptical about the 89 support. If you don’t believe it, dare to go all in. A second bottom? I feel like it could test a third time. Everything said in the live broadcast is correct; the market moves completely opposite. Have you noticed? Adding positions? The Warriors, huh? I gave up long ago. I've seen the green line break before, and then nothing happened. The absorption pattern sounds intimidating, but actually... never mind, I won’t say more. Waiting for a bullish trend? I’ve fallen asleep waiting, brother.

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BearMarketSurvivor

· 01-09 09:32

Damn, another expected adjustment. Why do I always chase highs and get trapped? I'm also watching the 89 level, but I feel it might break again. Is that green line on Ethereum reliable? Last time it was the same story, and it dropped straight through. Futures trading is too risky; better wait for a confirmed rebound. How can you be so exposed with thirty ETH positions? How much resilience do you have?

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MoonRocketTeam

· 01-09 09:31

I was a bit nervous when I first increased my position in Bitcoin, but after seeing this 15-minute engulfing pattern, I felt relieved. If the 89 line can't hold, I'll just cut and run. --- The second bottoming is complete. Now it's just a matter of whether it can ignite and take off, with dopamine levels maximized. --- Ethereum's trend line is indeed very clear. Once the green line breaks, I will set a stop-loss and not gamble. --- I have placed orders at both 898 and 305 levels. The low-buying activity still requires patience. --- What I discussed in last night's live stream is exactly this logic. Now everything lines up perfectly. That’s what I call reliable analysis.

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