Recently, the market has been quite interesting. Mainstream coins are quietly setting traps, while MEME coins are continuously creating wealth effects. Let's clarify the logic behind these two aspects~



**Bitcoin: After a week of continuous rise, it's time for a pause; 93,000 is the key support level**

From the bottom, it surged for a whole week, and now it has reached around 94,000, encountering resistance. This level's pressure is indeed significant, and in the short term, a small adjustment of 2-3 days is highly likely. How will it develop next? There are two scenarios:

One is holding steady at 93,000 and successfully breaking through 94,000—bullish signals light up immediately, pushing up toward 94,000 to 96,500, and possibly reaching 98,000. Since the bottom has been stabilized, the downside space is naturally limited.

The other is losing the 92,000 support—then we’ll look at whether the 90,000 to 89,400 range can hold. If it breaks further, it will head toward 88,200 to 86,800. If it falls below 91,200, it will revert to the old pattern of quiet consolidation.

Overall, the outlook leans towards oscillating upward. If it really drops near 90,000, that would be a good opportunity to buy the dip.

**Ethereum: Looks like it's rising, but actually "it's extremely fake"**

Although it’s close to the recent high, the four-hour weak signal is becoming more obvious—volume continues to shrink, and the price is rising purely through hard pulls, a typical end-of-strong momentum. I see two possible directions, but favor the first:

**Scenario 1**: Small timeframes continue to push upward forcefully, reaching around 3363 USDT and forming a short-term top, then creating a head-and-shoulders pattern before accelerating downward. This pattern aligns with the logic of the market makers—when retail traders think a reversal is coming and chase longs, it turns out to be a harsh wake-up call.

**Scenario 2**: Sideways consolidation "to delay the fall," waiting for time to erode market enthusiasm.

In either case, the downside risk is quite deep. The probability of chasing high now is really low.
MEME-1,14%
BTC0,35%
ETH0,84%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
SelfRuggervip
· 01-10 02:21
It's the same old trick again, mainstream coins are fake and real, while MEME coins are actually scamming... I'll just wait for the 90,000 to scoop up the bargains, those chasing highs will get a harsh lesson.
View OriginalReply0
DeFiAlchemistvip
· 01-09 05:47
the volume compression on eth's 4h really is screaming "trap ahead"... watching price get dragged up while liquidity evaporates feels like watching value transmutation fail in real time. classic rug logic, ngl
Reply0
SolidityStrugglervip
· 01-09 02:32
Here we go again, MEME coins are the real secret to wealth. I've seen this routine with mainstream coins many times.
View OriginalReply0
GasFeeCryBabyvip
· 01-07 11:50
Coming to set traps again? I bet two cigarettes that BTC won't break 9.4. Still the same old trick of cutting leeks; MEME coins are really making money. Mainstream coins are just playing this虚虚实实 every day.
View OriginalReply0
bridge_anxietyvip
· 01-07 11:49
93,300 is really a hurdle. If I can't break through it, I'll just wait for a bottom-fishing opportunity.
View OriginalReply0
DoomCanistervip
· 01-07 11:47
Coming to set a trap again? I just don't believe mainstream coins can really be this gentle.
View OriginalReply0
GasFeeSobbervip
· 01-07 11:46
It's the same old trick again: mainstream coins are pumped up to sell, retail investors chase the high and buy in, while MEME coins actually make money. Laugh out loud.
View OriginalReply0
AirdropCollectorvip
· 01-07 11:39
93,300, this threshold feels like it's going to get hit a few times, and it's time to cut losses again.
View OriginalReply0
SoliditySlayervip
· 01-07 11:35
You're going to cut the leeks again, right? I knew it.
View OriginalReply0
BrokenDAOvip
· 01-07 11:24
A typical "last gasp of a dying horse" wrapped in an upward narrative, retail investors are still calculating win rates, while the big players have already figured out how to harvest. The wealth effect of MEME? That's the final madness of incentive distortion. Once liquidity shifts, the true form immediately reveals itself.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt