The overall crypto market is under pressure today. Bitcoin dropped 2.12%, currently around $90,800; Ethereum declined even more, down 3.29% to approximately $3,154. However, there are two different opinions about the market's future direction. Technical analysts are looking at charts and support levels, believing that Bitcoin may still dip further, with short-term resistance. In contrast, institutional investors have a completely different attitude—they remain optimistic about the long-term prospects, with some even predicting Bitcoin could reach $150,000 next year. Is this a technical short-term trap, or are we truly entering a correction cycle? Each side has its own reasoning.
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StopLossMaster
· 01-10 08:34
It's dropping again. Are the institutions really bottom-fishing this time?
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$150,000? Haha, let's see if I can survive until next year first.
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Technical traders vs. institutional traders, they're all just gambling.
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Short trap? I just ask, who dares to get out?
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Where is the support level? Feels like it will break with a single poke.
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Long-term bullish but short-term getting beaten up, I know this rhythm well.
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Wait a minute, are the institutions really optimistic or just trapping for a short squeeze?
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BasementAlchemist
· 01-09 05:26
Institutions say I'll believe it at 150,000; anyway, we're all just retail investors, just buy in at the low point and that's it.
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GhostAddressMiner
· 01-08 03:51
Wait, I just saw that the address starting with 0x this morning suddenly transferred out 3,000 BTC. The timing is too coincidental, right before dropping below 90,000... The support level mentioned by technical analysts is not worth mentioning at all; the real truth lies in the capital flow.
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MetaMaskVictim
· 01-08 03:50
Emma, here we go again, cutting leeks. How come the 150,000 mentioned by institutions sounds just like a fairy tale?
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DegenDreamer
· 01-08 03:47
Again and again, it’s dropping, so annoying. Institutions are still touting $150,000, what about us retail investors?
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Is this a bear trap or a real correction? Honestly, it’s just gambling.
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Technical analysts and institutional investors each have their own opinions. Anyway, I can’t hold on.
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Can you buy the dip with 90,000 dollars, everyone? Or will it keep falling?
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$150,000 haha, let’s see it drop to $30,000 first.
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Ethereum is dropping even more sharply. Is this a washout of floating supply?
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Short-term pressure is significant +1, let’s see how long it can hold.
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It’s ridiculous that institutions are optimistic about the long term. Our short-term accounts are all blown up.
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Where is the support level? What do technical analysts think?
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Anyway, I’m panicking. Should I exit to protect my capital?
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This wave of decline doesn’t seem fully played out; it might continue.
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Damn, I got caught again. Really regret it.
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HodlAndChill
· 01-08 03:42
It’s dropping again. This drop is really getting annoying.
The institutions say 150,000, I just smile, anyway it’s not our turn to know first.
That group of technical analysts are looking for support every day. I think they just haven’t found the bottom yet.
In the short term, I’ll keep lying low; in the long term, I’ll keep holding, since all the money has already been invested.
Whether it’s a bear trap or an adjustment, who cares? I definitely won’t be trying to catch the bottom.
With this drop in Ethereum, it feels like I’ll have to suffer through a bit more.
Is 150,000 really true? I don’t believe you, but I’ll keep waiting anyway.
Both sides have valid points, which means nothing is certain. I’ll just stay honest and hold on.
The overall crypto market is under pressure today. Bitcoin dropped 2.12%, currently around $90,800; Ethereum declined even more, down 3.29% to approximately $3,154. However, there are two different opinions about the market's future direction. Technical analysts are looking at charts and support levels, believing that Bitcoin may still dip further, with short-term resistance. In contrast, institutional investors have a completely different attitude—they remain optimistic about the long-term prospects, with some even predicting Bitcoin could reach $150,000 next year. Is this a technical short-term trap, or are we truly entering a correction cycle? Each side has its own reasoning.