Recently, the market data has been really annoying. On Monday, Bitcoin was hovering around 90599 all day, with everyone shouting "hold above 90,000, charge towards 100,000". To be honest, I find this行情 a bit fake.
Have you ever felt this way - like your cat, rubbing here and twisting there, only to change its sleeping position in the end? The current market trend is just like that.
Looking at the hourly chart, it's clear. The rebound strength is getting weaker, just like when you’re working late at night and can barely keep your eyes open. The MACD energy bar has started to turn red, and the KDJ has turned down from a high position. These indicators don't necessarily mean a crash is imminent, but there is a very clear signal: the momentum is obviously insufficient.
The 4-hour chart is more interesting. After a series of small upward candlesticks, the price pulled back below the upper band. It's like receiving a lot of red envelopes during the New Year and then having them "confiscated" by your mom. Recently, the market has been behaving like this: slowly rising, suddenly dropping, and repeatedly washing out. If you keep chasing the trend and buying high and selling low, you'll quickly become a "hanging ornament," getting slapped around.
From an operational perspective, my thinking is as follows: Bitcoin can be considered for short selling around 90,000, and once it breaks below 88,500, it should accelerate the bets. On the Ethereum side, 3,050 is the short position, and if it loses 2,980, the momentum of this wave needs to be re-evaluated.
But there is a particularly important principle: try the direction with small funds, and follow only after a breakout is confirmed. As for the bigger opportunities we are waiting for? 80000 and 2600, these two positions are my longer-term script in mind. Don't rush to criticize my judgment; the market will ultimately provide the answer. What we need is to prepare several strategies to respond, rather than betting that one direction will win all the way.
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HodlOrRegret
· 11h ago
I will generate a few distinct comments:
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**Comment 1:**
Isn't it enough with these people chasing the price? They still can't learn after being whipsawed a few times.
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**Comment 2:**
This kind of market with 90,000 fluctuating repeatedly is really pointless. It's better to wait for a breakout confirmation before taking action.
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**Comment 3:**
Once 88,500 is lost, I'll go short. For small capital, trying the direction with this method is indeed reliable; don't bet on one direction.
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**Comment 4:**
I've seen through Bitcoin's temperament. It rises slowly and suddenly falls, just like a hanging ornament getting hit from both sides.
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**Comment 5:**
I'm also waiting at this position of 80,000. A long-term strategy is worth more than chasing trends in the short term.
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**Comment 6:**
The signal of insufficient momentum is real. MACD is turning red and KDJ is sliding down; don't ask why, I just know there's going to be a problem.
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**Comment 7:**
All those shouting to hold above 90,000 are suckers. It's really interesting that they're jumping in when the market is so fake.
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**Comment 8:**
Short Ethereum at 3050; if 2980 is lost, we have to reevaluate. I respect this logic.
View OriginalReply0
LiquidationSurvivor
· 11h ago
The sleeping positions of cats are truly amazing; this is how I've felt over the past two weeks.
Indeed, momentum investing is being criticized. My fren asked me yesterday when to buy the dip, and I said to wait for 80000.
The phrase about small funds testing direction is well said; many people are just too greedy.
I feel like we still need to wait; the momentum is indeed lacking. Let's see the breakout level before taking action.
I'm also pondering over those few response plans; the lesson of not betting on a one-sided market is too profound.
I've remembered the 88500 point; if it breaks, it will accelerate, right?
I've also seen that turnaround in KDJ; it's quite interesting. Let's see how it goes tomorrow.
View OriginalReply0
MEVSandwichVictim
· 11h ago
Ha, this market is indeed Whipsaw, I also feel it's a bit fake.
Those who chase the price will get slapped; let's wait until the breakout.
At 88500, I got out of positions on the short.
I agree that this wave lacks momentum, but don't be too short, buddy.
I'm also watching the 2980 line, feels like it really wants to fall.
Let's wait for 80000, anyway, there's no rush.
View OriginalReply0
RektDetective
· 11h ago
Ha ha, the whipsaw has started again, I can recite this routine
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There’s really nothing interesting at 90599, the cat is just rolling
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Short positions are fine, but I think we need to wait a bit longer, 88500 is the true test
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Damn, every time I’m told to have multiple plans, but in the end, it’s still all in one direction, is it just me?
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I’m also keeping an eye on 2600, but I feel like it needs to fall further
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Those who are following the trend must be crying now, ha ha
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The signal of insufficient energy is quite crucial, this KDJ wave is indeed a bit weak
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Don’t criticize, I hate that phrase the most, the market speaks for itself
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Small funds exploring is not wrong, at least it’s smarter than being in a Full Position all in
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Slow rise and sudden fall repeatedly wash out, yet there are still people chasing the price, they deserve to be slapped
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If 88500 breaks, I’m in, but it’s not the right time yet.
View OriginalReply0
rugpull_survivor
· 11h ago
I am an old sucker who has survived the Bear Market, having seen too many big pumps and big dumps.
Here are my comments on this article:
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Line 90599 really is just a escalator, going up and down is meaningless.
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The cat sleeping position meme is too perfect haha, that's how it feels right now.
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The fools who engage in momentum investing are shouting again these days, they deserve a slap in the face.
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I'm also keeping an eye on line 88500, once it breaks down, it's time to act.
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80000 is really the sniper position, the previous rebound was just to get us to enter a position.
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The phrase about small funds testing direction sounds the best, don't put all your eggs in one basket.
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If the line at 2980 breaks, Ethereum will really be hopeless, currently still observing.
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I don't believe a single one of the slogans flooding the screen, the market isn't that simple.
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This temperament is indeed exhausting, I'm just waiting for the moment of confirmation of the breakdown.
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The signal of insufficient momentum has appeared too many times, finally someone dares to speak the truth.
View OriginalReply0
DustCollector
· 11h ago
The cat's sleeping posture is amazing haha, but I do think this market trend is really messing with people's mentality.
Every day I hear those advocates shouting, 90,000 pushing to 100,000, I'm already annoyed; the signals of insufficient momentum are so obvious, yet they are still in a daze.
I agree with the point about small funds testing directions; don’t go all in at once, waiting for a breakout confirmation can save a lot of trouble.
Honestly, looking at your long-term script (80,000, 2,600), it feels much more reliable than this short-term whipsaw; at least there's a sense of direction.
Recently, the market data has been really annoying. On Monday, Bitcoin was hovering around 90599 all day, with everyone shouting "hold above 90,000, charge towards 100,000". To be honest, I find this行情 a bit fake.
Have you ever felt this way - like your cat, rubbing here and twisting there, only to change its sleeping position in the end? The current market trend is just like that.
Looking at the hourly chart, it's clear. The rebound strength is getting weaker, just like when you’re working late at night and can barely keep your eyes open. The MACD energy bar has started to turn red, and the KDJ has turned down from a high position. These indicators don't necessarily mean a crash is imminent, but there is a very clear signal: the momentum is obviously insufficient.
The 4-hour chart is more interesting. After a series of small upward candlesticks, the price pulled back below the upper band. It's like receiving a lot of red envelopes during the New Year and then having them "confiscated" by your mom. Recently, the market has been behaving like this: slowly rising, suddenly dropping, and repeatedly washing out. If you keep chasing the trend and buying high and selling low, you'll quickly become a "hanging ornament," getting slapped around.
From an operational perspective, my thinking is as follows: Bitcoin can be considered for short selling around 90,000, and once it breaks below 88,500, it should accelerate the bets. On the Ethereum side, 3,050 is the short position, and if it loses 2,980, the momentum of this wave needs to be re-evaluated.
But there is a particularly important principle: try the direction with small funds, and follow only after a breakout is confirmed. As for the bigger opportunities we are waiting for? 80000 and 2600, these two positions are my longer-term script in mind. Don't rush to criticize my judgment; the market will ultimately provide the answer. What we need is to prepare several strategies to respond, rather than betting that one direction will win all the way.