2026-01-08 06:34:06

Recently, Bitcoin surged to around $93,000, and the market is jubilant. Many people are beginning to speculate whether the bull market is truly here. However, some seasoned trading analysts hold a different view, believing that this rebound shows serious risk signals.

From a technical perspective, the hourly RSI has entered the overbought zone, which usually indicates that short-term momentum is waning. Historical data shows that whenever a "overbought + declining volume" signal appears, it often triggers a significant correction. The problem is—retail investors often fail to see this risk.

Even more interesting is the market psychology aspect. Some analysts point out that institutions might be leveraging positive news such as rate cut expectations and ETF net inflows to create a false impression of a rebound. They gradually sell off their holdings at high levels, inducing retail investors to chase the high, only to then initiate a dump. This pattern of "leveraging good news → retail chasing high → precise dumping" is common in the crypto space.

Some even predict that this rebound will soon break below $90,000, heading straight for the $85,000 range. This judgment is based on their understanding of the current market structure—believing that the so-called positive factors have already been priced in, and the true bearish trend has yet to unfold. To confirm this view, some aggressive traders have increased leverage to short positions.

Currently, the market is in a stage of intense collision between bullish and bearish views. The future direction of BTC and ETH will determine the outcome of different strategies. Do you believe this is a rebound or a trap?

BTC2,18%

ETH2,82%

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TestnetScholar

· 01-10 22:36

$93,000? Hmm... I don't believe you, that's just the old tricks of institutions, retail investors are still chasing the high. --- RSI overbought + shrinking volume, how many times have these two combined appeared? Every time, it feels like a scripted drama. --- Honestly, the expectations of rate cuts and ETF net inflows sound like paving the way for a dump. --- $85,000? No way... but I won't rule it out, after all, anything can happen in the crypto world. --- I just want to ask, are there really people still chasing the high now? Or is it all institutions playing themselves? --- Bull vs. bear collision? It's just elites harvesting the leeks, the idea that "your butt determines your brain" is never outdated. --- That wave of people using leverage to short... I bet five bucks they'll get hit with a reverse move too. That's the ecosystem of the crypto world.

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GweiWatcher

· 01-08 07:04

Here we go again with this routine? Institutions push out supplies while retail investors take the bait. The script is so old and predictable. When RSI shows overbought, you know it's just inflated; 93k is about as high as it gets. The real shakeout hasn't even started yet. Just wait for it to drop to 85.

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Degen4Breakfast

· 01-08 06:59

Here comes another wave of "institutions cutting leeks" claims, and they are always so accurate... Watching RSI overbought and shouting for a short, but when the reversal actually happens, they regret it all. --- 93k proves the prophets wrong. Where are the analysts who said 85k? Do they dare to come out now? Haha --- Enough said, I am already fully short and waiting to dump the market. If it rises to 95k, I will do a live broadcast... Never mind, I won't gamble. --- Institutions cut retail investors, retail investors cut themselves, and it’s just this cycle. But honestly, who really sees clearly? Everyone is just gambling. --- RSI overbought and volume shrinking... To be honest, I’m tired of this theory. Next, are they going to talk about bottom formation again? --- It seems there are only two endings for crypto analysts: either they are super accurate or they pretend they never said anything. I bet ETH will still go up. --- This kind of "precise dump" rhetoric is too much. If there were such smart institutions, they would have already monopolized the market. Stop making excuses for yourselves.

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BakedCatFanboy

· 01-08 06:54

It's the same old trick again, institutions have never stopped cutting retail investors. Institutions are dumping chips at high levels, while we're still chasing highs below, it's hilarious. RSI overbought has been obvious for a while, why are so many people still rushing in? Feels like 85,000 isn't far from us, and by then it'll be too late to regret.

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PanicSeller

· 01-08 06:51

Here we go again, this set of "institutions pushing goods to retail investors to buy in" rhetoric, is it always effective? I think, instead of pondering RSI overbought conditions, it's better to consider why you keep getting cut.

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GateUser-9f682d4c

· 01-08 06:42

Institutions are really experienced at this trick, always doing the same thing to harvest profits. I'll just go short and wait for it to break below.

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