2026-01-10 13:24:37

From yesterday's trend, BTC did not hold the 90500 level, then quickly retraced to the important 4-hour support around 89000. This level has been repeatedly absorbing selling pressure, and liquidity has been fully drained here. Currently, the bulls and bears are still oscillating within the 89000 to 91500 range. The 4-hour chart remains bullish, indicating there are still opportunities for high selling and low buying.

The key focus is on the weekend. If the weekly candle can close above 92000 and form a piercing pattern, it will be extremely favorable for the bulls to continue their momentum next week. Currently, it is a phase of patience and accumulation, waiting for confirmation signals on the weekly level.

Ethereum's situation is somewhat different. At the 3200 level, the bulls appear quite weak, with this retracement already eating up about 70% of the previous gains. The current support is around 3060, but no strong bullish signals have been seen yet. In the short term, it is not recommended to allocate large positions in ETH; only clear strong signals should trigger action.

In comparison, mainstream coins like BTC and SOL are showing stronger momentum, and long positions are still best suited for these assets.

BTC4,4%

ETH6,77%

SOL5,43%

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TokenEconomist

· 01-12 19:45

actually, let me break this down—the liquidity drainage narrative here is like textbook order flow analysis, but ceteris paribus, we're just watching the market absorb what it absorbs. eth's 70% retracement though? that's where the incentive misalignment gets interesting, because the protocol emissions aren't justifying the valuation squeeze rn

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YieldWhisperer

· 01-11 06:35

honestly the math on this 89k support doesn't add up... like sure it "held" but have you actually looked at the orderbook depth? the liquidity there is thinner than most defi protocols I've audited, classic death spiral pattern setup ngl

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DefiPlaybook

· 01-10 13:54

89000 this level repeatedly absorbs and releases, liquidity is completely plundered, a classic leek-cutting tactic. If the weekly chart cannot break 92000, the bulls might be in trouble next week. Be patient and wait for signals. Ethereum's recent performance has been extremely disappointing; it has given back 70% of its gains. Without strong short-term signals, I dare not buy in. BTC and SOL are still stable; these two assets have a stronger momentum. Continuing to bet on these two is safer.

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LiquidityWitch

· 01-10 13:54

89,000 repeatedly absorbing and releasing pressure? Feels like it's on the verge of a breakout, repeatedly testing, and I really don't dare to add more positions if the weekly chart can't close higher. Ethereum is also weak this time, really need a strong signal before acting, or else I'll lose again. BTC and SOL seem to be okay for now, just follow the mainstream. The phrase "liquidity fully plundered" sounds so unsettling. Whether the 92,000 can hold this weekend feels like it will decide everything.

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ThreeHornBlasts

· 01-10 13:53

89000 is really a repeatedly battered area, and liquidity has been almost drained. Whether the weekend close can break 92000 depends on fate; for now, we can only wait and see. Ethereum really can't be played like this; it's better to stick with BTC and SOL.

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hodl_therapist

· 01-10 13:52

89000, you really need to repeatedly test this level, it feels like there's still hope behind it. BTC is still reliable, ETH has indeed weakened this round, wait for the signal. The weekly close is the real highlight, don't rush. SOL performed well, diversify your approach. This buildup has been a bit tough, it's testing patience.

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pvt_key_collector

· 01-10 13:51

89,000 this level has been swinging back and forth, it's really institutions bleeding us dry. Whether it can break 92,000 over the weekend all depends on their mood. BTC is okay, but Ethereum looks so bearish in the short term, better not to touch it until there are clear signals. SOL has been selling all along, why did it suddenly start to hype again? Talking about accumulation again, they say this every time. When it actually drops, everyone is caught off guard. Don't sleep before the weekly close, this market can turn around suddenly. The 89-91.5 range is a bit annoying, when will it break through? The idea that liquidity is being plundered—what a joke—it's just the whales bleeding us dry. Ethereum can't even hold 3200 and still expects to rise; I really look down on this coin.

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PumpDoctrine

· 01-10 13:39

89000 this point is really a vampire, always biting again and again here Don't make reckless moves before the weekly close, wait for the signal to come out Ethereum has indeed been dragging this wave, better to watch BTC and SOL stay steady If 90500 breaks, it's over; right now, only 92000 is the lifeline With such fierce selling pressure, liquidity has been drained; let's see the outcome over the weekend As long as the bullish structure isn't broken, I still believe, but it's exhausting, everyone Short-term avoid Ethereum, the signal is too weak SOL and BTC are the real daddy now, everything else is just toys

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AlwaysMissingTops

· 01-10 13:34

89,000 is indeed repeatedly absorbing accumulation at this level; let's see if it can break 92,000 over the weekend. BTC still requires patience, but ETH's recent drop really makes people uncomfortable; a 70% decline is hard to withstand. I'm only reassured when SOL rises; that's the real bullish signal. If the weekly chart can't close properly, it's all just false signals; we're waiting. In the short term, avoid touching ETH to prevent getting caught in a trap.

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