2026-01-17 16:28:19

From the current market situation, this rebound is more of a layout by the bears. Each upward move is limited in scope; rather than genuine demand, it’s more about attracting more bullish traders to enter.

The key issue is—bulls are now trapped very deeply. Data shows that over 50 million positions are locked in at prices above $20, and this capital is unlikely to fully exit in the short term. The big players are well aware of this, so they have no motivation to push prices up and release liquidity immediately. Instead, they adopt a more gradual approach, dropping the price a little each day—seemingly gentle but actually deadly—gradually eroding the confidence and chips of the bulls.

If bearish investors can stick to the long-term logic, they should hold steady. This slow decline is actually a full harvest. A true reversal still requires time to brew, and every small upward move now is an opportunity for the bears to rebuild their short positions.

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.

16 Likes

Reward
16
6
Repost
Share

Comment

0/400

VirtualRichDream

· 01-20 09:11

Coming back with this again? The group of people trapped at 20 bucks should have given up long ago, but they insist on waiting for the market maker to gently kill them. It's a typical gradual erosion, appearing gentle but actually a slow cut of the flesh. Shorts are indeed feeling good right now, but I want to see how long they can hold on.

View OriginalReply0

GasWaster

· 01-18 19:27

ngl this slow bleed is just the whales playing 4d chess while we're all sitting here refreshing charts... 50m stuck bags above $20? that's basically a hostage situation lmao

Reply0

RetroHodler91

· 01-17 16:57

Uh... I've seen this trick too many times. Every time they say "gentle decline," but what happens... they just dump the market. It's really slow pain, with 50 million in chips trapped—can you believe it? How disappointed must they be? But on the other hand, the bears are definitely in a winning position now, no effort needed. Wait, when will the reversal come? If we keep waiting like this...

View OriginalReply0

CryptoHistoryClass

· 01-17 16:56

ngl this is literally the $LUNA playbook all over again... slow bleed beats sudden dump every time. longs keep thinking "surely it bounces tomorrow" while whales are just... patient. the math doesn't lie tho - 50M trapped above 20 is too juicy to pass up lmao

Reply0

BlockchainNewbie

· 01-17 16:47

I have to say, this analysis really hits the mark... Those guys who are stuck above 20 must be feeling so uncomfortable right now. The way the market makers play is brilliant, like boiling a frog in warm water—dropping a little each day, and you don't even notice.

View OriginalReply0

Gm_Gn_Merchant

· 01-17 16:30

Damn, it's the same old boiling frog trick. The bulls really need to wake up. --- A 50 million position firmly pinned there—that's the real chips. --- Limited upward movement is a signal; the market maker never really intended to push it higher. --- The phrase "gradually eroding confidence" hits the mark—more effective than outright dumping. --- Now, the bears should just be patient and wait. Every rebound is a buying opportunity. --- Not many people are looking at the long-term logic; most are still dreaming of a big surge tomorrow. --- Losing a little each day sounds gentle, but in reality, it can make you question your life.

View OriginalReply0