#数字资产市场观察 12.1 Market Observation: BTC/ETH is playing like this today.

First, the conclusion - this sudden drop does not change the medium-term bullish pattern, buying the dip is an opportunity.

On Monday morning, Bitcoin plummeted by more than 4,000 points, breaking the sideways trend of the past weekend. Many people might have panicked, but if you calmly look at the charts: the price is still firmly within the upward channel, and as long as this support structure hasn't collapsed, it's fine. The core logic of the technical analysis hasn't changed, so there’s no need to doubt the direction.

This kind of decline is actually quite common – before hitting the previous highs, the main players always need to clean out the leveraged long positions. In simple terms, it’s about washing out the weak hands, shaking off those who can't hold their positions, so that it’s easier to rally later. Therefore, today’s strategy is very simple: wait for a pullback, find support, and go long.

See specific points here:
Consider entering the market in the range of 85500-86000 for BTC, with an initial target of 88500, and aggressively aiming for 90000.
For ETH, layout near 2780-2800, target 2950 to 3000.

Don't be scared by short-term fluctuations; holding the channel is holding the trend. $BTC $ETH $SOL

BTC-7.01%

ETH-9.7%

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.

18 Likes

Reward
18
5
Repost
Share

Comment

0/400

ValidatorViking

· 6h ago

nah, this dip's just protocol shaking out the weak hands... seen this playbook a thousand times. support structure holds, narrative stays intact — that's all that matters tbh.

Reply0

ser_ngmi

· 14h ago

Whipsaw, here we go again, every time they say the support hasn't been broken so it's fine.

View OriginalReply0

BearMarketBro

· 15h ago

Here comes the whipsaw trap again, always the same thing haha Is another drop of 4000 points a signal to buy low? Why am I still waiting for the 80,000 support? The channel thing can be easily broken, don't trust it too much This time is different, it feels like the market maker is serious Betting on an 86,000 rebound is really betting on a low-probability event, right? Wake up, it doesn't matter where the support is, the key is whether there are buy orders.

View OriginalReply0

ForkThisDAO

· 15h ago

Whipsaw, it's the old routine. This time it's really a good opportunity to buy low.

View OriginalReply0

GateUser-ccc36bc5

· 15h ago

It's another Whipsaw, this trick is getting old, waiting to buy the dip.

View OriginalReply0