Bitcoin found support around 93,000 and then pulled back. From the hourly chart, this rebound has already formed three bullish candles. The KDJ indicator has also generated a golden cross and is gradually opening upward. However, the MACD shows that the bearish momentum has decreased. Overall, there is still a possibility of a rebound.
From a technical perspective, it would be more reasonable to go long within the time window on Tuesday around 93,400-92,800. The target area can be set between 94,500 and 95,300.
In the crypto world, investing is essentially about repeatedly experiencing doubt. Sometimes you ask yourself why you should keep going, but after surviving in this market for a while, you'll realize that these fluctuations are just routine operations. Instead of stressing over short-term rises and falls, it's better to focus on improving your trading execution and risk management skills. Those who truly survive in this space rely on solid trading experience and mental discipline, not dreams or luck.
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SmartContractDiver
· 10h ago
It's the same KDJ golden cross trick again, I don't believe you at all.
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SchrodingerGas
· 01-06 13:59
Basically, it's still a game theory equilibrium issue. The position at 93400 can't be broken through at all, and retail investors' stop-loss orders are stacked right there.
This rebound is a textbook-level liquidity hunt—buying up then smashing down, sweeping up then dropping. Golden cross indicator? Ha... I've seen it too many times.
Instead of getting dizzy watching candlesticks, it's better to focus on on-chain data. Large wallets never lie.
The ones who truly survive are those who can resist the urge to trade. I often go 3 hours without closing a position—that's real skill.
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AirdropHunterWang
· 01-06 13:59
It's quite heartbreaking; living in doubt really is like this.
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FunGibleTom
· 01-06 13:59
Talking about the KDJ golden cross again, does it really work?
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GasWaster
· 01-06 13:39
ngl watching the hourly setup rn is giving me flashbacks to every time i got liquidated trying to swing trade this range... btw anyone else constantly checking gas tracker while analyzing charts or is that just my neurosis 💀
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EyeOfTheTokenStorm
· 01-06 13:32
93400-92800 I do feel a bit tempted this time, but historical data tells me that such golden cross openings are often just a trap for more gains... Risk control first, everyone.
Many people overlook the detail of MACD shrinking volume. Those who truly understand are quietly doing T, us ordinary folks better not to mess around.
That's right, those who can't survive a full bull-bear cycle are usually wiped out by short-term fluctuations. In this market, mental state management = survival rate.
Another 3 consecutive bullish candles... I was also this optimistic two years ago, but ended up getting hit with a reverse right angle... Better to be cautious.
There might be a rebound, but I see the 94500 target as uncertain; the volume hasn't kept up.
Bitcoin found support around 93,000 and then pulled back. From the hourly chart, this rebound has already formed three bullish candles. The KDJ indicator has also generated a golden cross and is gradually opening upward. However, the MACD shows that the bearish momentum has decreased. Overall, there is still a possibility of a rebound.
From a technical perspective, it would be more reasonable to go long within the time window on Tuesday around 93,400-92,800. The target area can be set between 94,500 and 95,300.
In the crypto world, investing is essentially about repeatedly experiencing doubt. Sometimes you ask yourself why you should keep going, but after surviving in this market for a while, you'll realize that these fluctuations are just routine operations. Instead of stressing over short-term rises and falls, it's better to focus on improving your trading execution and risk management skills. Those who truly survive in this space rely on solid trading experience and mental discipline, not dreams or luck.