2026-01-16 02:28:22

Bitcoin's recent trend is quite interesting. The main coin has been oscillating above 96,000, with a high touching 97,900. Currently, it is near the 100,000 level and forming a key support with the 50-week moving average. Once it effectively breaks through the 50-week MA, a new bullish trend could begin. From the current market situation, the bear trap has already become apparent, and the risk of a pullback has been mostly released. The bulls are gathering strength.

The performance of the secondary coin is even more worth noting. The weekly inverse head and shoulders pattern has already formed. Once confirmed with increased volume and a breakout, the neckline is at 0.042. If it breaks through smoothly, the next target is around 0.066 (about 95% upside potential from the current price), which would perfectly replicate the early 2019-2021 rally that outperformed the main coin.

Here's a trading strategy:

**Main coin**: You can consider going long in the 94,500-95,000 range, with targets at 96,500-99,000.

**Secondary coin**: Enter in the 3,240-3,260 range, with targets at 3,400-3,500.

Key reminder: Proper position sizing is very important; don’t be greedy.

BTC2,56%

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JustHodlIt

· 01-18 21:59

Inverse head and shoulders? Can it really take off this time? I said the same thing last year...

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ImpermanentPhilosopher

· 01-17 21:57

Oh no, it's another inverse head and shoulders. I'm tired of hearing this theory. The last time I saw this pattern, I was stuck for half a year, but... a 95% increase is indeed a bit tempting.

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liquidation_watcher

· 01-16 02:57

I've heard the inverse head and shoulders explanation too many times, so I just want to know if this time is reliable or not.

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OnchainHolmes

· 01-16 02:57

Well, this wave of Bitcoin is really quite stable. Holding the 50-week moving average is a matter of being bullish.

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AirdropF5Bro

· 01-16 02:53

Hmm, Bitcoin's recent oscillation indeed looks like it's about to break out. The bear trap now seems a bit obvious, and I think it's worth a try. I also see the inverse head and shoulders pattern on Ethereum. A 95% increase sounds a bit like a fairy tale, but breaking through 0.042 is still within imagination. Stop talking, I should control my position. Last time I was greedy and almost got liquidated, I've learned my lesson this time. Wait, can I still enter at the 94,500-95,000 price range? It feels like it's too late now. Can Ethereum really rise from 3,240 to 3,500? That's a bit hard to believe, but that's just how the market is. Anyway, I'll lay some ambushes first. Having lost so much, I now see traps everywhere, but I still have to keep playing. If the 100,000 key support level is broken, be careful of a sharp drop, just like last time.

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BearMarketSunriser

· 01-16 02:40

Say again and again that it's going to break the level. Is this really happening this time? Last time I said the same thing, and it plummeted. My mindset almost got washed away.

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