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Looking at the recent performance of the market, the daily chart level has repeatedly tested the lower boundary of the box, and the key is whether the 94,000 support can hold. Once it breaks, our current upward trend will come to an end. During this period, Ethereum and most altcoins have followed the market correction, and market sentiment has gradually cooled from greed.

Last night was interesting; there was a divergence between the main market and the US stock market. The bulls were liquidated again, and now the liquidation heatmap (1-day cycle) shows that BTC, ETH, and SOL are all heavily shorted. It’s especially important to be cautious of a sudden surge, which could liquidate a large number of short positions and trigger a back-and-forth slaughter between bulls and bears. The market has been sideways on the daily chart these days, and the risk is quite high.

How are institutional spot ETF funds moving? BTC net outflow was $26.7 million, while ETH saw a net inflow of $15.2 million, and SOL also flowed in $7.7 million. However, since the ETF trading session isn’t over yet, trading volume by institutions isn’t high, indicating that large funds are still mainly observing. We’ll see if there’s new inflow or outflow towards the end of the session.

From a technical perspective, the volatility center for BTC remains in the 94,500-97,000 range, with no signs of breaking out in the short term. ETH continues yesterday’s rhythm, moving sluggishly within the 3,250-3,380 range. The most noteworthy is SOL, which is relatively weak, having broken below the lower boundary of the box, with a short-term fluctuation range compressed between 138-146.

**Trading ideas for reference:**

For BTC: Build positions around 95,000 or buy on dips, add more at 94,000, and gradually exit at 97,000. Conversely, short at 96,500, chase at 98,500, with a target of 94,500.

For ETH: Build positions or buy on dips at 3,280, add more at 3,200, and exit in batches at 3,370. The opposite strategy is to short at 3,380, add at 3,450, and take profit at 3,280.

SOL is relatively stronger; enter at 145 high, add at 148, with a target of 139.

**Two reminders:**

Stop-loss points should be set according to your liquidation price and risk tolerance; there’s no need for a fixed template. The key is not to be greedy—take profits when available, don’t fear small losses, and absolutely avoid holding through liquidation or large drawdowns. If the direction is correct, hold on; as long as the trend doesn’t reverse, don’t rush to exit.
ETH1,71%
BTC1,23%
SOL2,19%
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RegenRestorervip
· 01-16 09:59
94000, this key support really needs to hold, otherwise this wave of market will be over. The bears are so concentrated, it might be a trap to lure buyers, the squeeze situation is the most annoying. ETH is still sluggish, it's so dull, just waiting for big funds to move. SOL has already broken below, this needs to be closely watched. Don't resist orders, I need to get this phrase tattooed on me.
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CoconutWaterBoyvip
· 01-16 02:55
If you can't hold 94,000, this wave is really over. Feeling a bit anxious.
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DuckFluffvip
· 01-16 02:55
Whether 94,000 can hold or not, that's the key. Otherwise, it's really over.
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FortuneTeller42vip
· 01-16 02:54
94,000 is the key support level; if it drops further, it's really over. Now it's all about whether we can hold it. --- ETH is so sluggish, might as well wait until SOL drops to 139 before jumping in. --- It's both waiting and sideways trading. Are the big funds all sleeping? Haha. --- Don't be greedy and take profits to stay safe. Last time I held a position against the trend, I almost got liquidated. Now I've learned to be smarter. --- BTC outflow is 26.7 million, but ETH is actually inflowing? What kind of move is this by the institutions? --- Long and short squeezing is the most annoying; one wrong move and you're trapped. --- Entering SOL at 145 feels a bit risky. What do you all think? --- This round of the market has really cooled down. Greed quickly turns into fear. --- Short at 96,500 and chase at 98,500, with a target of 94,500. This strategy is quite clear. --- When the risk is high, you need to be more cautious. Don't go all-in at once. --- The liquidation heatmap is interesting; there are so many concentrated short positions.
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TheMemefathervip
· 01-16 02:54
Can't hold 94000, I'll eat shit on stream if it breaks, honestly it's hilarious, they say this every time
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SilentObservervip
· 01-16 02:54
If I can't hold 94,000, I'll admit defeat, but right now I'm still betting that this wave won't crash directly... That position in SOL is a bit risky.
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