2026-01-20 08:21:22

Bitcoin, Ethereum, BNB, SOL Intraday Market Overview

Hello everyone, I want to admit a mistake first. The white line I drew yesterday was a bit conservative; I didn't expect the decline and rebound to just hit that level and then face resistance again—looks like the buffer space I left was not sufficient. Next time, I will raise this key support line a bit to leave a more reasonable operational margin.

From the intraday rhythm, the major mainstream coins are encountering resistance at this level. Whether this rebound can break through depends on the relay situation above. Keep an eye on the volume performance of these coins; once there's a breakout or continued testing, the market will have a clearer direction. The technical details are still being adjusted, and several recent key levels are worth close observation.

BTC-2.33%

ETH-0.65%

BNB-1.85%

SOL-5.57%

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.

12 Likes

Reward
12
9
Repost
Share

Comment

0/400

DAOdreamer

· 01-23 01:21

Haha, I admitted my mistake. The line I drew yesterday was indeed conservative. The pattern of this rebound is still somewhat interesting. To be honest, the key is the trading volume. Let's see if it breaks through or not.

View OriginalReply0

MetaDreamer

· 01-22 21:03

Oh no, I've been trapped again this time. It seems that technical analysis is really like mysticism.

View OriginalReply0

MEVHunterWang

· 01-22 08:44

Yesterday's line was indeed drawn conservatively. This rebound is a tight squeeze. The trading volume still looks a bit weak, and the breakout is hanging in the balance. Let's wait and see if Bitcoin can stabilize, otherwise we'll have to retest the support again. This wave of market movement is a bit frustrating. When will we see a volume-driven breakout? The key levels are very critical; we need to hold these points well. Is the rebound just like that? Feels like the enthusiasm isn't high. What is Sol this demon doing again recently? The detailed adjustments are very annoying; I still prefer straightforward market movements. Waiting for the relay, everyone. Don't let us down.

View OriginalReply0

SandwichHunter

· 01-20 08:48

Ha, stuck there again? That's interesting.

View OriginalReply0

WhaleWatcher

· 01-20 08:46

This white line does look a bit weak, but the attitude of admitting mistakes is acceptable. Remember to leave enough buffer next time. Are all the mainstream coins stuck here now? It also depends on whether someone above is taking over. With no volume, everything is pointless. These are the key levels, stay focused and don't miss them. Whether the rebound can succeed depends on the upcoming rhythm. To be honest, the details haven't been adjusted clearly yet, so it's too early to draw conclusions now.

View OriginalReply0

ApeWithNoChain

· 01-20 08:39

Haha, it got hammered down again. This rebound really feels frustrating. Admitting mistakes is necessary. The boss's move this time is flawless. Is the trading volume picking up? It feels like everything is just draining away. Waiting for a breakout, or else just continue to ride the decline.

View OriginalReply0

DefiPlaybook

· 01-20 08:38

Based on on-chain data and the volatility characteristics of the past 24 hours, this bullish rebound has indeed shown clear weakness at key resistance levels—The correlation between TVL outflows and abnormal gas fee spikes reaches 0.87. Notably, the intraday volume share of mainstream cryptocurrencies has decreased by approximately 23% compared to the previous period, which from a certain perspective confirms the insufficient strength of support.

View OriginalReply0

LiquidationWatcher

· 01-20 08:27

Haha, got tricked again. The lines are indeed a bit meticulous... Can you be a bit more generous next time and give some space?

View OriginalReply0

WhaleWatcher

· 01-20 08:25

Haha, it got hammered down again. This rebound is really uncooperative. Support lines are always tested; let's try harder next time. It seems like the mainstream coins are all stuck there; we need to see if the trading volume is strong enough. Waiting for a relay; until there's a breakout, it's all just fake.

View OriginalReply0