On the night of January 7th, the market once again repeatedly tested a key support level, and the tug-of-war between bulls and bears has evolved into a true "meat grinder."

BTC is oscillating within the $90,000-$93,000 range, and market liquidity is tearing apart across different assets. Some are dumping to sell off, while others are trying to squeeze the shorts. Traders involved need to find a balance between greed and discipline.

**PEPE's short opportunity is now in place**

From the 4-hour perspective, the CVD indicator continues to turn downward, while open interest remains high—indicating retail longs are still holding on tightly, which is the best fuel for liquidation. A single 5u grid trade can be executed automatically by the system.

If the price revisits around 0.00685 and cannot stabilize above 0.0071, any rebound can be used as a new entry point for short positions.

**MELANIA: Supportive rebound betting**

The liquidation heatmap shows a large amount of liquidation support around $0.14, where the price has already halted its decline. This is suitable for 2x light long positions, with a stop-loss set at $0.138 and a target aiming for a rebound to $0.16. This type of operation is most suitable for traders who want to participate in volatility but have limited risk exposure.

**CAKE and ARC: Two diverging outcomes**

CAKE shows clear signs of accumulation near $1.94, with OBV rising against the trend, indicating that the value of phased spot building is not low.

In contrast, ARC exhibits a typical stair-step decline, with CVD continuously flowing out. Under this trend, do not try to catch falling knives; waiting on the sidelines is the right choice.

**Tonight's combat instructions**

PEPE holders must lock in the first take-profit at 0.00645 and hold firm until this level is broken.

The bottom line for market risk control is BTC. Once the volume breaks below $90,000, all long plans must be immediately canceled.