2026-01-08 05:22:21

Recently, the market has been fluctuating repeatedly. Many traders who had already reduced their positions early are asking the same question: Has the main market already bottomed out? Can I buy again now and wait for the next wave of market movement?

Looking at the current market performance, the answer is actually no. During this period, there have been no clear signals of a trend reversal. Although sentiment has eased, it is still far from the point of forming a trend reversal. In this shaky range, investors are easily prone to entering the market at inappropriate times, only to be hurt by the repeated oscillations.

Therefore, rather than rushing to catch the bottom, it’s better to understand the true state of the market first and wait for a more confirmed signal before taking action.

From Bitcoin’s daily chart, the last three candlesticks have formed the classic "Evening Star" pattern, accompanied by indicators turning downward and a volume breakout below a key support level. In technical analysis terms, this combination usually indicates increased resistance overhead and a weakening trend. Given this structure, a large-scale V-shaped reversal is unlikely. In other words, the market may not have completed the entire decline process yet, and there is still a possibility of testing lower support levels again.

From a broader perspective, this decline is not entirely a technical issue. Last week’s vote on tariff policies became a key trigger for the shift in market sentiment. If the voting results are unfavorable to the current policies, risk aversion in the market will intensify further. This explains why, even during a technical rebound, the market has still not been able to stabilize.

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OldLeekMaster

· 01-11 05:21

The Evening Star has already appeared, and you still want to buy the dip? Are you looking for death? Wait, the policy hasn't been clarified yet, what are you doing? Trying to test the lower support again? Then I'll just keep observing. Honestly, rather than being whipped around by volatility, it's better to patiently wait for signals. Don't worry, I feel there's still hope. This wave is indeed not that simple; tariffs are still hanging in the balance. Friends who are optimistic about the candlestick patterns nod, but I still have to wait.

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GasFeeVictim

· 01-10 15:21

The Evening Star pattern has already formed, and you're still trying to buy the dip. Aren't you afraid of getting crushed? Haha We still have to wait for the policy to be implemented. Buying now just makes you the bag holder. I'm just watching, anyway I don't have any coins left. Another "bottom," and it keeps falling. I've seen this too many times. Don't mess around before the tariff vote results come out. It's way too uncertain. Wait for a clear signal. This kind of volatile range is a killer with no mercy. The Evening Star pattern with increased volume breaking down indicates there's still room to fall. I'm already wiped out from losses. If I go in again, it's game over. Without a sign of a bottom, just stay put. Don't get shaken out by the repeated fluctuations. The policy side needs to be watched. Technical rebounds are more likely to get slapped down.

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HalfPositionRunner

· 01-09 22:47

The Evening Star has already appeared. Still want to buy the dip? You'll get caught sooner or later. It's another policy move. What's the use of a technical rebound? Wait a bit. Anyway, rushing won't make money. Who can say for sure if the decline has bottomed out? I'll just watch. Support levels are broken. Still want to enter the market? Isn't that asking for trouble?

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BearMarketSurvivor

· 01-08 05:50

The Evening Star has appeared, and you're still trying to buy the dip? That's like charging into battle without supply lines. --- Support levels have all been broken, and indicators are turning downward. How can this still be called a bottom? I think it's just impatience to catch the bottom. --- Once tariffs policies are implemented, relying solely on technical analysis is too naive. Market psychology is even harder to predict than candlestick patterns. Veterans advise everyone to focus on survival first. --- Three Evening Stars are not the bottom; they just tell you that the risk isn't over yet. Loss control comes first, buying the dip can wait. --- Really, I've seen too many people trapped near "obvious support levels." Instead of betting on a rebound, it's better to protect your principal and wait for more reliable signals. That's called discipline. --- Range-bound trading is the easiest time to get hurt because you never know whether the next move will be up or further down. My advice is to understand the situation clearly before taking action. --- With the policy turning bearish and technical breakdowns, entering the market now is basically like giving money to the market. What's wrong with waiting? The trend isn't going anywhere anyway.

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NotSatoshi

· 01-08 05:46

The Evening Star has fallen below support again. We still need to hold on through this wave, don't rush to get in. No, with this tariff policy in place, technical analysis is all useless. Let's wait for signals, everyone. Is it another good time to buy the dip? Uh... I don't think so. Falling to the level? Dream on, support can still be broken. Honestly, I advise everyone not to be shaken out by the volatility. Look at the bigger picture. It seems this wave won't count until it breaks the bottom; a V-reversal isn't that simple. I've already fully exited my position long ago. Now that things are so chaotic, I'm actually glad I was aggressive back then. The policy uncertainty is too high; purely relying on technicals is meaningless. Still hovering in the bottom range, there's really no need to enter now. Can we stop asking if it has hit the bottom? Isn't it better to wait for a clear sign of a reversal before acting?

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Degentleman

· 01-08 05:45

Even if the Evening Star appears, you want to buy the dip? Brother, you're committing suicide. Haven't seen a clear sign of a trend reversal yet, and you're rushing in. No wonder you're getting crushed. The tax hole hasn't been filled yet, don't be too optimistic. Honestly, entering now is just gambling, not worth it. Wait for the signal, don't rush the money in the next few days. This wave of decline isn't over yet, I feel there's still more to test the bottom. The technical indicators are there, why go and step on a landmine? I think it's better to wait a bit longer for peace of mind. If it’s not falling, don’t move. How come some people still don’t understand this? Range-bound oscillation is the most damaging, do you understand? The Evening Star has already appeared, and you still want a reversal? You're thinking a bit too much.

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NftDeepBreather

· 01-08 05:38

The Evening Star has appeared. Still want to buy the dip? Brother, are you trying to get yourself killed? Wait, we need to see how the tariff vote goes, that's the real key. That's right, entering now is just giving money to the volatility. I was the one hurt by the volatility, I regret it now. With such poor technicals, why should I buy? Just watch and see. Support levels are about to break? Then keep falling, I’ve already gone all in cash. No rush, wait until the signals are clear, only then will I feel at ease with my operations. The Evening Star is turning downward; this pattern usually isn’t a good sign.

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VCsSuckMyLiquidity

· 01-08 05:36

The Evening Star has already been drawn, and you're still asking if you can bottom fish... Wake up, everyone. --- No, the tariff policy really has the market in a state of panic, and the rebound can't stabilize. I think it still needs to fall further. --- Wait, is the logic saying that we still need to explore the bottom? Then maybe our brothers who are reducing their positions need to wait a bit more. --- It's always like this—whenever the technicals show some easing, I can't help but want to buy the dip, only to get caught again. --- You're right, Bitcoin is still testing the resistance level. What's the rush... just hold on a bit. --- The voting thing is indeed a key factor. When policy is unclear, who dares to hold heavy positions? --- Looking at this trend, the bottom might still be below... Everyone, don't shake your hands.

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GhostAddressHunter

· 01-08 05:35

The Evening Star has already appeared, still want to buy the dip? This wave is indeed not over yet. Someone is about to get trapped again; I told you not to rush... That's right, the policy's blow was really harsh, and a technical rebound is pointless. Wait for the signals, don't follow the crowd to send yourself to death. This wave is a test of mentality; see who can stay calm.

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retroactive_airdrop

· 01-08 05:30

Even with the Evening Star pattern appearing, still trying to buy the dip? Buddy, you might have to pay tuition this time. Another round of fake rebound drama, so annoying. If the tariff policies can't be sorted out, no matter how the market rebounds, it's all in vain. Instead of watching K-lines every day, it's better to wait for a real sign of bottoming out. A big V-shaped reversal? What are you thinking? There's still support below waiting. Getting in during this kind of volatility, you'll be crying before you know it. You dare to sell just because the policy situation isn't clear? Serves you right for being trapped. Honestly, I don't have the courage to enter now. How can some people still not understand the Evening Star pattern? It's the easiest to get cut in a volatile range. Let's wait. Don't do anything before there's a clear signal.

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