2026-01-12 08:27:40

The next trend of Bitcoin mainly depends on whether it can directly hit new highs or if it will first go through an M-shaped correction. Ethereum faces the same issue—struggling to stabilize around the 3200 level. I tend to believe that another round of M-shaped correction may be needed.

Short-term traders should closely watch the upcoming rebound. Focus on two key zones: Bitcoin's 93000 to 93500 range, and Ethereum's 3200 to 3250. If these two areas can establish effective support, there may be opportunities for further upward movement. Conversely, if prices keep stalling here and cannot break through, entering a sideways consolidation phase, then caution is advised, as there could be greater pullback pressure ahead.

In summary, this phase of the market is very critical. Those optimistic can consider positioning near support levels, but risk management must be in place.

BTC1,54%

ETH0,51%

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hodl_therapist

· 2h ago

It's that same M-head theory again... Just listen to it for fun, but I still choose to lie flat and observe.

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SchrodingerAirdrop

· 01-12 08:55

The M-head is back. Can it break through this time? Feels like we have to wait again. We need to hold the 93 to 93.5 level, or else it will drag down. 3200 really can't hold steady; I'm still hesitant to go all in. The key is whether next week can have a decent rebound. Risk management sounds nice, but when it comes to the point of being reluctant to cut...

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GasGoblin

· 01-12 08:53

93k is still the same as before, feels like I have to keep messing around for a while Standing firm is the real goal, it's really annoying to keep dragging on like this I'm also skeptical about the 3200 level, feels like we need another wave That's how short-term trading is, just manage the risk well, don't be too greedy The M-head consolidation is expected, it's still early for now

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GhostWalletSleuth

· 01-12 08:45

The M-head is back again, I'm already tired of this routine. Can 93,000 really hold steady? It feels a bit shaky. Ethereum is still struggling at 3200, give me a break. A rebound is just a rebound, stop hesitating back and forth. This wave is either a breakout or a pullback, there's no third option. Support level positioning? Risk management? Easier said than done. It's the familiar routine again, I bet it will drop further.

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GateUser-afe07a92

· 01-12 08:42

It's the same old story, everyone is talking about support levels and positioning, but when it comes to critical moments, who isn't trapped? --- I'm tired of hearing about M-heads' corrections, let's just see if it can break through. --- I've been watching the 93,000 level for a long time; it feels like repeated testing, so annoying. --- Risk management sounds easy, but when the losses come, who can really hold back? --- Ethereum 3200 just can't stabilize; I'm actually a bit bearish now. --- No matter how fancy the words, it's just these few levels oscillating repeatedly. --- Short-term watching these two ranges is pointless; it still depends on macro factors. --- Support levels, stabilization, pullbacks—it's all just routines. --- I tend to think it will fall further, but I just don't dare to say it outright. --- This market right now is really a psychological game.

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rekt_but_resilient

· 01-12 08:35

The M-head is back again, how long can this routine last haha Can we really hold the 93,000 level? It feels like we're about to get trapped again Support level setup is okay, but you need to keep some cash on hand and don't go all-in Ethereum struggling to stay above 3200, this time I'm really feeling uneasy Repeated testing is just eating people up, the small investors like us fear this kind of market the most

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