2026-01-18 06:25:09

The recent 4-hour chart depicts a typical oscillating downward pattern. The highs are continuously decreasing, and each rebound is weakening, while the declines during corrections are becoming deeper—this is a classic sign of weakness.

Prices are fluctuating around the short-term moving averages MA5 and MA10, indicating serious disagreement among market participants. The frequency of pullbacks has noticeably increased, suggesting that the bears are accumulating momentum.

From a key zone perspective, the price is currently testing repeatedly within the narrow channel of $142-$144. The resistance around $144 is very solid, and the bulls are being suppressed upon contact. On the downside, the $141-$142 range forms a short-term support zone, but this support appears somewhat fragile—if it is effectively broken, it could trigger a new round of correction.

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SatoshiHeir

· 10h ago

It should be pointed out that this weak logic framework contains a fundamental fallacy. On-chain data shows that the increased frequency of pullbacks actually reflects genuine signals of bottom accumulation, rather than bearish momentum—Satoshi Nakamoto already demonstrated the inevitability of market volatility in the white paper. $141 break? Laughs. This is a classic example of fiat thinking.

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NonFungibleDegen

· 01-18 06:51

yeah this is definitely looking bearish ngl... those lower highs are killing me rn. $144 is basically a wall and we keep getting rejected, so like... probably just averaging down at support til we bounce? idk man, feels like capitulation energy brewing here tbh

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GasFeeCrying

· 01-18 06:43

That 144 resistance is really tough to break through. Every rebound gets pushed back down, it's hard to watch.

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SandwichHunter

· 01-18 06:40

It's a typical short-term accumulation phase. It feels like $141 won't hold during this drop...

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WalletManager

· 01-18 06:36

The bears are accumulating momentum, while I am accumulating chips. Once 142 breaks, I will enter the market directly, and the risk factor is controllable.

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