2026-01-08 22:32:11

Some analysis and thoughts on BTC

Honestly, this pattern is too straightforward and smells like manipulation.

My judgment is that the price will continue to decline, and only after clearing the current lows will the move be considered complete. Before testing the 50% retracement level, it needs to drop into this range to provide room for a subsequent rebound.

The plan is as follows: wait for BTC to return to the local support level before considering entering. The entry point is set when the support recovers, with a stop loss just below the upcoming marked low, or around the 88k level.

But honestly, this pattern may have already signaled its intention, and the subsequent trend still needs to be observed. For now, it's better to stay cautious and wait for clearer signals before jumping in.

BTC-0,62%

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MysteriousZhang

· 01-09 06:46

88k, are you in or out? Sitting here so professionally, huh?

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GateUser-afe07a92

· 01-08 23:13

The 88k position is a trap; I think we need to look further down.

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ShitcoinArbitrageur

· 01-08 23:01

Such heavy manipulation, still dare to take the bait? I'm waiting to see if it breaks 88k before saying anything.

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GasGuzzler

· 01-08 22:59

88k bottom? Bro, I think this support level is questionable. The idea of clearing the lows always sounds like armchair quarterbacking in hindsight. Being cautious is right, but don't mistake caution for missing out. This market definitely has a strong manipulation vibe right now, let's wait for signals.

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GasFeeCrier

· 01-08 22:55

88k taking the hit? Let's wait until the signal is clearer before talking.

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NotGonnaMakeIt

· 01-08 22:50

This manipulation smell is indeed a bit strong, let's wait and see --- The question of whether to buy at 88k depends on how far this wave can drop --- Talking about lowering the price point easily, will it really drop that deep? --- Being cautious is right, when signals are unclear, it's the time to lie in wait --- Is that 50% level real support or just a psychological price? --- The trader is playing a game, we're just watching the show --- Are you still waiting for signals after the pattern has already given one? It's a bit late, isn't it? --- Setting the support level well means making money; setting it poorly just means waiting for stop-loss --- Can this round of decline be cleaned out completely? It's a bit uncertain --- If it drops further, it's about time to buy the dip, but this is a trap --- Waiting for signals, how long have we been saying that?

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staking_gramps

· 01-08 22:43

Another set of old tricks for support level stop-losses. Can 88k really hold? Sounds like gambling. How can you be so confident? The phrase "clearing the lows" sounds so smooth. Who really knows if it will fall or rise? Waiting for signals is not as good as waiting for a rebound. Now is the time to get on board. The manipulation smell is so strong. Why still want to take over the position? The pattern was broken long ago. Still there looking at the charts?

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Lonely_Validator

· 01-08 22:36

88k bottoming out? Brother, are you gambling or analyzing? --- It's the same old story of clearing the lows. How are the people who heard this doing now? --- Support levels, stop-loss, signals... sounds nice, but really it's just waiting for the wind to come. --- Such a strong manipulation smell, yet still dare to buy in. The courage is really impressive. --- I just want to know how this 50% is actually calculated. Can someone give a clear number? --- I've been hearing "stay cautious" for three months, and I'm still waiting. --- The 88k story is told every day. Eventually, there will be a correction.

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