Yesterday's big bullish candle indeed performed well, but to be honest, continuous rapid increases are inherently consuming the buying power. The issue is that the 94,000 level still remains a barrier that hasn't been truly broken yet, so it's premature to draw conclusions.
Next, the most worth watching is not so much whether it will go up or down, but rather the trend during the pullback. If the correction isn't significant and the trading volume also shrinks accordingly, it indicates that selling pressure is insufficient, and bulls still have a chance to push higher. However, if there is a surge in volume and a sharp decline, the sentiment must be reassessed immediately.
Currently, the market is still oscillating. My personal view is this: let the market sentiment recover first, possibly pushing close to 100,000 (about a 50% rebound). But before stabilizing above 100,000, don't rush to say that the bear market structure has been broken, and a reversal is still too early to confirm.
As for altcoins, the rebound indeed looks fierce, but the risks are also significantly amplified.
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RugPullProphet
· 01-09 01:47
If you can't break through 94,000, don't get overly excited. Waiting for a pullback with reduced volume is the real skill.
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OnchainHolmes
· 01-07 16:06
9.4K this critical level hasn't truly broken yet, why rush? Wait until it stabilizes before talking.
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Only a surge in volume and a sharp drop are the real highlights. Why get excited now?
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Don't jump to conclusions before hitting 100K; it's all虚的.
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Fake rebounds are strong, but the risk leverage is indeed terrifying.
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Exerting force will happen sooner or later; the question is when.
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A shrinking volume is a true bullish signal; can't tell right now.
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Once sentiment recovers to 100K, be cautious; a reversal? Too early.
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This rally looks good, but its sustainability is questionable.
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Only with insufficient selling pressure can it continue to push; watch how the pullback performs.
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Don't be fooled by the surface-level big green candles; the details are deadly.
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just_vibin_onchain
· 01-07 10:47
94,000 is really a tough barrier to break through; claiming a reversal before breaking it is just nonsense.
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A sharp drop with increased volume will be over quickly, and we'll have to eat humble pie again. But it's really funny to talk about a bear market collapse right now.
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The recent rebound of altcoins is indeed fierce, but I'm still cautious; the risk is too high.
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Look at how the trading volume performs; that's the real indicator. Both rises and falls are just illusions.
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If 100,000 can't hold, don't talk about a reversal. I've learned my lesson.
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The bullish momentum is real; who can withstand such a continuous rise for so many days?
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Just waiting to see how the market reacts during the pullback—that's how we can judge the next move.
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GhostInTheChain
· 01-07 10:42
9.4K this level really needs to be broken, otherwise it's all just empty talk. Don't be fooled by the big bullish candles.
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Only a volume-driven drop is the real test; shrinking volume makes me feel more at ease.
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If 100K can't hold, don't boast about a reversal. I've learned my lesson.
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The recent rebound of altcoins is a double-edged sword; the risk is off the charts.
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Honestly, the point about consumption buying power is spot on. Continuous upward movement is essentially overdrawing.
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Emotional recovery is fine, but don't mistake it for a trend reversal, everyone.
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In a choppy market, you should hold cash and not move recklessly.
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From what I see in this wave, it's the bulls testing the strength. If they can't break through, it will just continue to consolidate.
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blockBoy
· 01-07 10:36
9.4K is holding steady, don't get overly excited without a breakout; only a surge in volume and a sharp drop are truly alarming.
That's right, a pullback is the key; shrinking trading volume still leaves some hope.
If 100,000 can't hold, you're talking about a reversal? That's just asking for trouble.
Altcoins have indeed rebounded strongly this time, but the risks have also significantly increased.
Continuous upward movement is testing the bulls' patience; this level still needs to be slowly conquered.
Consolidation with fluctuations is normal; why rush? Wait for the market to recover before reassessing.
A bear market structure breaking? That's overly optimistic; 100,000 hasn't even stabilized yet.
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SchrodingerPrivateKey
· 01-07 10:26
9.4K cards here really suck, the big bullish candle is a scam, let's wait until 100K stabilizes before talking
If the volume drops sharply, I'll run; for now, I'm still betting on emotional recovery
This wave of rebound in altcoins is indeed fierce, but the pullback is also really brutal
Stuck in oscillation, it's so annoying, better wait for a signal
Buyers' momentum is almost exhausted, don't be fooled into buying high
Breaking 100K is impossible, better to prepare mentally first
Trading volume is the most honest indicator; follow the volume to determine the direction
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TradFiRefugee
· 01-07 10:24
94,000 can't really be broken, it's a bit awkward. I don't believe in any big reversal.
Let's wait and see if the volume drops again before making a move. It's too early to sell now.
The copycat coins are bouncing aggressively this wave, but I will still control my position. The risk is indeed at its maximum.
Before breaking 100,000, I will consider it still in consolidation.
Yesterday's big bullish candle indeed performed well, but to be honest, continuous rapid increases are inherently consuming the buying power. The issue is that the 94,000 level still remains a barrier that hasn't been truly broken yet, so it's premature to draw conclusions.
Next, the most worth watching is not so much whether it will go up or down, but rather the trend during the pullback. If the correction isn't significant and the trading volume also shrinks accordingly, it indicates that selling pressure is insufficient, and bulls still have a chance to push higher. However, if there is a surge in volume and a sharp decline, the sentiment must be reassessed immediately.
Currently, the market is still oscillating. My personal view is this: let the market sentiment recover first, possibly pushing close to 100,000 (about a 50% rebound). But before stabilizing above 100,000, don't rush to say that the bear market structure has been broken, and a reversal is still too early to confirm.
As for altcoins, the rebound indeed looks fierce, but the risks are also significantly amplified.