This wave of BTC short entries has a pretty good timing, currently locking in around 1000 points of profit. The cost price is stuck at the 94,500 level. After a small upward move earlier, the price just hit the strong resistance line above and failed to break through. At this point, I decisively entered the market.
My target range is set between 90,000 and 91,000. There might still be some fluctuations in this area, but from a short-term perspective, there is indeed a need for a pullback. The current strategy is to set the stop-loss for the short position at the breakeven point and continue holding the position. As long as the resistance line above cannot hold or break through during this period, the probability of further decline is quite high.
For now, I will continue to hold the position and observe the subsequent trend for confirmation.
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AirDropMissed
· 01-08 21:15
The short position entered at 94,500 is really stable. The pressure line wave indeed didn't break through. Now just waiting for it to drop down.
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WalletDoomsDay
· 01-08 10:31
A short position entered at 94,500 has already gained nearly 1,000 points. This position is indeed stable.
If the resistance line isn't broken, a decline is very likely.
But remember to set your stop-loss properly and don't be greedy.
Keep observing and see how it develops later.
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All-InQueen
· 01-06 03:40
9.45K short position? Of course I have one, just worried that the resistance line might break through again haha
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Lock in 1000 points profit, this rhythm was really well caught
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Keep holding, anyway either make money or break even, steady
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The key is whether the resistance line can hold; if it can, then it will bounce back
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Target 9 to 9.1, feels a bit risky, easy to be swept in volatile swings
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The hardest part in times like this is mindset, should I add to the position, sis?
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MoodFollowsPrice
· 01-06 03:39
Wow, 1000 points are locked in just like that, your reaction speed is really incredible.
I've also been watching this resistance line, it seems our thoughts are quite similar.
Can we hold the 91,000 level? I'm a bit worried about the rebound strength.
But your stop-loss and break-even setup is indeed stable, just afraid it might suddenly surge.
Keep watching, don't be reckless.
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VitalikFanboy42
· 01-06 03:37
9.45K go short, this wave of position is really good
Wow, 1000 points profit locked in directly. I'm different, always getting proven wrong
If the resistance line can't hold, it will definitely go down. If the logic matches, then just wait for confirmation later
I've long said that 90K is the bottom support, your target range is reasonable
Brother's technique is steady, if it were me, I would have been shaken out long ago haha
This wave of resistance line really can't hold, thumbs up
I'm also waiting for this pullback, you got in early to buy the dip
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RamenDeFiSurvivor
· 01-06 03:32
95,000 short position, I admire your courage. The pressure line is so obvious, yet you dare to take it.
But on the other hand, locking in a 1,000-point profit is really stable, much better than the day I chased high and got trapped, haha.
I'm just worried that it might suddenly spike back up, triggering the stop-loss again, and then it's another round of aggressive operations.
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AltcoinMarathoner
· 01-06 03:29
nice timing on that resistance rejection... been watching the same price action and yeah, mile 20 energy when btc can't punch through. 1k points locked in is solid, but ngl the real test is whether institutional flows keep that pressure line intact or we see a surprise breakout. accumulation phase or capitulation? macro perspective says we're still early in the cycle regardless.
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MetaverseLandlord
· 01-06 03:28
Damn, got hit again. Entered at 9.45? This resistance level is really tough.
This wave of BTC short entries has a pretty good timing, currently locking in around 1000 points of profit. The cost price is stuck at the 94,500 level. After a small upward move earlier, the price just hit the strong resistance line above and failed to break through. At this point, I decisively entered the market.
My target range is set between 90,000 and 91,000. There might still be some fluctuations in this area, but from a short-term perspective, there is indeed a need for a pullback. The current strategy is to set the stop-loss for the short position at the breakeven point and continue holding the position. As long as the resistance line above cannot hold or break through during this period, the probability of further decline is quite high.
For now, I will continue to hold the position and observe the subsequent trend for confirmation.