#数字资产市场动态 Mainstream cryptocurrencies collectively enter a correction cycle



Short-term market observation: BNB remains stuck around the $1000 mark, repeatedly attempting to break through but appearing powerless each time. The bearish defense at this level is as solid as a copper wall. Bitcoin has retreated from yesterday’s $96,000 level; overall, it lacks the volume support needed for a breakout. Without volume, breakthroughs are difficult, and the market is clearly waiting for a new direction confirmation.

Two consecutive days of sharp declines have left a deep impression — from the previous high of $0.29 down to around $0.21, providing quite a few shorting opportunities during this period.

New coin risk warning: FOGO experienced a dip and shakeout on its first day of trading, followed by a 33% rebound. However, such gains are often accompanied by a large number of short positions being liquidated, with the main force creating a bullish sentiment behind the scenes. Trading new coin contracts carries extremely high risks and can easily lead to a double-sided trap. Chasing highs requires extra caution. Market newcomers should especially be wary of these short-term traps.
BNB0.46%
BTC-0.39%
FOGO-5.8%
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
AirdropLickervip
· 01-16 12:03
Another massive rebound, feels like the main players are teasing us.
View OriginalReply0
MemeCoinSavantvip
· 01-16 03:30
nah this is just the classic pump-fake into liquidation cascade we've seen a thousand times... volume's dead, thesis is dead, everything's dead fr fr
Reply0
TopBuyerBottomSellervip
· 01-16 03:29
Once again, BNB's 1000 resistance level just can't be broken... The short-term defense line is extremely tough. To be honest, the 33% rebound of the new coin looks exciting, but it's backed by massive orders... I won't play this.
View OriginalReply0
StakeHouseDirectorvip
· 01-16 03:28
The market continues to decline, and we still have to wait. The 1000 level for BNB is really stuck, and the bears are holding tight.
View OriginalReply0
GateUser-7b078580vip
· 01-16 03:15
The data shows... once again, a breakout without volume, tired of this routine. However, BNB card at 1000 feels like it's about to break through. Let's wait and see.
View OriginalReply0
OnchainDetectivevip
· 01-16 03:13
This round of adjustment is indeed fierce. BNB's 1000 level is held tightly, the bears are really ruthless. We need to wait until trading volume picks up.
View OriginalReply0
PseudoIntellectualvip
· 01-16 03:05
Once again, the price is falling without volume. Looks like I need to wait a bit longer; the main players are also taking a break in this wave.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)