2026-01-16 02:07:33

The total market capitalization of cryptocurrencies is brewing a rebound, and the key is whether it can break through the low point of the sharp decline on October 10th. This level is very significant for the bulls—once it is effectively surpassed, the rebound momentum can continue to be released.

But this is also a hurdle. If it gets blocked again, we’ll probably have to continue grinding within the range of the past two months. Days with pressure from both sides depend on whether the market will give an opportunity this time. Pay attention to the evolution of this technical level; the next move largely depends on how this level performs.

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.

7 Likes

Reward
7
6
Repost
Share

Comment

0/400

BearMarketSunriser

· 01-19 01:17

Can the October 10th low be broken? This really is a watershed moment.

View OriginalReply0

FrogInTheWell

· 01-17 19:06

If it can't break below 10.10, it will really be a torment. Feels like this rebound is a bit weak. --- It's the same old level again. Can the bulls hold up? Not very optimistic. --- It's been two months of grinding. If I get blocked again, I'll just completely give up. --- Just watch the performance in the next few days. Feels like the turning point is near. --- That 10.10 hurdle was well said. The problem is, do the bulls have the strength? --- The rebound momentum is nowhere to be seen; it all feels fake. --- A key level has arrived. Will this reversal be the only thing to rely on this year? --- Being blocked = continued grinding. When will these days come to an end?

View OriginalReply0

BankruptWorker

· 01-16 02:37

Did it break out or not? Still hesitating...

View OriginalReply0

blocksnark

· 01-16 02:31

If it can't break below the 10th low, it will have to continue sideways. So annoying.

View OriginalReply0

LightningHarvester

· 01-16 02:25

If you can't break that level, don't get excited. This rebound is probably just a false alarm. Wait, can we really stabilize this time? Please, give us a chance, Lord. We've been grinding for two months, really fed up with these sideways days. Once the level is broken, the bulls will take off, but I wouldn't bet ten pancakes now. This level is the watershed; if broken, new highs will come, if not held, then continue to cut losses.

View OriginalReply0

ForkTrooper

· 01-16 02:08

If you can't break that point, just keep consolidating sideways. Anyway, I'm already used to it.

View OriginalReply0