Time flies, and 2026 is already here. Looking back, the market has been rather lackluster. Looking ahead, honestly, there's not much to expect—2026 might be even tougher, and 2027 won't be much better.
From a technical perspective, the weekly chart has already closed. The current situation is that the weekly line is being firmly suppressed by moving averages, but interestingly, other indicators are signaling a potential trend reversal. Will it go up or down? That's the question.
My judgment is that the probability of an upward move is greater. The reason is simple: the support strength at higher timeframes is clearly stronger than the resistance at lower levels, which means the trend continuation is more likely than a reversal. So, the rebound probably won't take too long and may come soon.
Of course, the monthly chart indicates that this rebound is likely just a prelude to a more spectacular decline. In the short term, the main theme is a rebound. But once the rebound is in place, the short position must be taken.
The overall strategy is: focus on rebounds in the near term, and once the rebound is sufficient, switch to short positions. The overall trend of Bitcoin and Ethereum is aligned, so pay attention to this key node.
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NFTFreezer
· 14h ago
A rebound is just a rebound, anyway it's just paving the way for a decline. I'm tired of this routine.
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CafeMinor
· 14h ago
Rebound to build a bottom but leak reversal, I've seen this routine too many times
Honestly, now going long is just gambling, can't beat the monthly line
Wait, you say the major support is strong? Then why is it still held down by the moving averages? The logic is a bit flawed
Short-term rebound, long-term bearish, sounds like a trap, be cautious
2026 2027 are both so weak, it feels like the crypto circle is going into hibernation
Rebound to position then short, fine by you, this point really needs to be watched closely
You're right, the key is that the overall direction is consistent, BTC and Ethereum are just following each other
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BearHugger
· 14h ago
It's the same old story of a rebound paving the way for a decline; I've heard it too many times.
There's nothing wrong with that reasoning, but the question is, when will the rebound come? Next week or next month?
The idea of strong support and small resistance sounds smooth, but I'm afraid the monthly chart will break right away.
Is it a bear trap or a real decline? Ladies, it's up to each of you to decide.
Anyway, I believe it. Once the rebound hits, I'll go all-in on shorting and take a gamble.
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MEVHunterBearish
· 14h ago
Are you trying to buy the dip again? Bro, I've heard this line too many times before.
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SillyWhale
· 14h ago
Another rebound and more shorts? Bro, I've already memorized this routine.
Before the market picks up, everyone likes to talk about support and resistance. When a rebound actually happens, they turn around and start dumping. Alright, let's see how long you can hold on.
Time flies, and 2026 is already here. Looking back, the market has been rather lackluster. Looking ahead, honestly, there's not much to expect—2026 might be even tougher, and 2027 won't be much better.
From a technical perspective, the weekly chart has already closed. The current situation is that the weekly line is being firmly suppressed by moving averages, but interestingly, other indicators are signaling a potential trend reversal. Will it go up or down? That's the question.
My judgment is that the probability of an upward move is greater. The reason is simple: the support strength at higher timeframes is clearly stronger than the resistance at lower levels, which means the trend continuation is more likely than a reversal. So, the rebound probably won't take too long and may come soon.
Of course, the monthly chart indicates that this rebound is likely just a prelude to a more spectacular decline. In the short term, the main theme is a rebound. But once the rebound is in place, the short position must be taken.
The overall strategy is: focus on rebounds in the near term, and once the rebound is sufficient, switch to short positions. The overall trend of Bitcoin and Ethereum is aligned, so pay attention to this key node.