2026-01-16 00:19:46

The recent upward movement indeed crushed the short positions, but after the explosion, there was no more momentum. Now it has entered a frustrating phase—daily continuous decline, which is quite stifling to watch.

BTC finally broke above 97,000, but it seems no one is following. The market has become quite strange—when the US stocks are about to rally, it remains still; when US stocks fall, it reacts. This rhythm is really hard to understand what it’s trying to do.

ETH is moving sideways, with various positive news on the table, but the market response seems very dull, even a bit numb. Overall, the market currently lacks that kind of follow-through momentum, and the trend appears somewhat weak. We need to wait for new catalysts to appear; otherwise, these days of continuous decline will have to continue.

BTC-0,74%

ETH-3,43%

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TokenomicsPolice

· 01-17 21:53

97000 stations can't hold up, it's really funny. The shorts are dead, and the longs are also losing momentum. --- This trend is just wearing down patience. A slow decline is even more uncomfortable than a crash. --- Reverse US stocks? No way, it feels like waiting for some big event. --- All the positive news for ETH was wasted; the market is really numb. --- Lack of catalysts just means lack of confidence. Let's wait.

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GasOptimizer

· 01-17 20:44

How is the trading volume data for this level at 97,000? It feels like a fake surge; the arbitrage opportunities have been completely exploited.

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DegenDreamer

· 01-16 00:49

Bear market mentality is once again at play, I'm already tired of this reverse operation routine. --- 97k got slapped in the face, is that all? It's truly desperate that no one is willing to take the bait. --- Daily downward drift is really exhausting; let's wait for a new story to emerge. --- Even with all the positive news pushing prices up, it still falls; that's a bit ironic. --- The US stock market is having tea, the crypto circle is running around aimlessly—who can understand this rhythm? --- After a short squeeze, there's nothing left; this is called a false start. --- The market's reaction is truly numb; it needs some real big news. --- All kinds of good news are stacked up, yet it still moves sideways—amazing. --- 97k can't even hold steady; what's the plan for the future? --- We're back to that suffocating stage again.

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ChainMelonWatcher

· 01-16 00:49

97000 is just an illusionary dream, no volume, this is the most despairing --- I'm really tired of the daily downward trend, when will there be a strong move --- US stocks rally but BTC remains unmoved? Feels like it’s decoupling, this is a bit strange --- All kinds of positive news are ruining the market, yet the trend remains the same, the market is really numb --- Waiting for a new catalyst? Probably waiting until the Year of the Monkey, how to operate now --- These downward days are the most exhausting, will it be okay after closing the short positions? --- ETH sideways trading is really boring, when will we see a decent surge

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DogeBachelor

· 01-16 00:44

Oh my, this kind of sideways decline is really the worst. It's better to just drop directly; at least there's a chance. The market is so bizarre that I can't understand what the big players are trying to do. Even with all the positive news, it just consolidates, and the market is really exhausted. The 97,000 level feels like a fake-out, and then they start squeezing again. Waiting for a catalyst, but who knows when the catalyst will come, I'm almost tired of waiting. This kind of unpredictable market is the most annoying. Instead of wasting time, it's better to do something else.

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