2026-01-17 16:03:21

Looking at the recent pullback performance, although the magnitude isn't large, the resilience is still there. The moving average support is quite obvious, and the signs of natural correction are relatively clear. From a technical perspective, there should be another good upward wave coming.

Previously, I had some doubts about the 98,000 level, thinking it might be the ceiling for the rebound. But after this round of correction and validation, I feel there is still a chance to continue upward. The past few days have indeed been a good window for building positions, and the trend reversal is happening during this period. If the weekend trend can stabilize, we should see clearer bullish signals next week. Currently, the position offers a good cost-performance ratio for going long.

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AirdropJunkie

· 8h ago

The moving average support is so stable, I believe it too, increased my position.

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DecentralizeMe

· 8h ago

That level at 98,000, I also feel a bit hesitant, but this wave of correction does have some substance; it seems like there's support at the bottom. --- Moving averages don't lie. The current position is indeed a good entry point; it all depends on whether the weekend can hold. --- To be honest, we still need to wait for confirmation over the weekend; otherwise, it's all just talk. --- Damn, this resilience is really impressive, much more than I expected it to withstand. --- Entry window? I hear you, but I still want to see how the weekend performs before making a decision. --- I think the 98K threshold can still be broken; bullish signals are becoming increasingly clear. --- That's what they say, but actual trading depends on how the order book moves; you can't rely solely on technical analysis.

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GasFeeSurvivor

· 8h ago

I was also conflicted about that level at 98,000, but now that I see the moving averages are so stable, I really feel there's still hope.

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TokenomicsTinfoilHat

· 8h ago

98000 that level I was also conflicted about, but looking at this wave of correction, it does seem interesting. It really feels like there is a chance. --- The moving average support really holds up; the key point is when it can break. --- If the weekend stabilizes, next week should be able to get excited. It's not too late to jump in now, right? --- Resilience is here, that's true. I'm just worried it might be a repeated cycle of tossing around. --- Entry window? Why am I still hesitating whether to invest or not, feeling timid. --- This round of adjustment has a pretty good cost-performance ratio, but it still feels like something is missing to truly break through. --- When will the bullish signals appear? I'm a bit anxious waiting.

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GateUser-a606bf0c

· 8h ago

Alright, if the moving averages hold up, there is indeed a chance next week. I'm also waiting for this opportunity.

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MEVSandwichMaker

· 8h ago

Moving average support, can 98k really be broken? I always feel this wave is a bit fake The accumulation window is the accumulation window, but the feeling of not holding any coins is different haha Stay steady this weekend everyone, or else you'll have to cut losses again next week This technical outlook looks really good, but I still don't dare to go all in

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