#密码资产动态追踪 It's Friday again. Is the market calm or is there something else going on? Let's let the charts speak for themselves. By the way, wishing everyone smooth trading.
Recently, market sentiment has continued to weaken, with $BTC clearly showing a bearish rhythm. Key support levels have been broken one after another, with the price even touching around 89,200. Based on recent trends, the logic remains the same: follow the bears' rhythm, and shorting is the way to go. Making money is often that simple.
Although there was a technical rebound last night, it was rejected around 91,500. The rebound was clearly insufficient, and the momentum for long positions is severely lacking. From the perspective of candlestick structure, whether on a larger or shorter timeframe, the bears still hold the dominant position. No strong signs of stabilization or reversal have appeared yet. Trading with the trend remains the key.
The trading plan for this morning is: closely monitor whether the 91,500 to 92,000 range can withstand the pressure. Once resistance is confirmed, continue to short. The profit targets below are aimed at the 89,000 to 88,000 region. The future direction of $BTC depends on technical analysis.
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ChainPoet
· 01-10 23:28
The short position this time is indeed stable, but the rebound at 91500 couldn't hold on, indicating that the bulls really don't have the strength anymore.
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TokenomicsPolice
· 01-10 18:14
The short squeeze this time was indeed fierce. I also followed the trend to short and made some profit, but to be honest, the rebound below 91,500 is still uncertain, and what if a black swan event occurs?
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WagmiWarrior
· 01-09 01:50
The short squeeze was indeed fierce, but the rebound at 91500 is so weak that it's really quite unattractive.
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ser_aped.eth
· 01-09 01:43
The bears are still dancing, and this round really seems to have no suspense.
Longs definitely should take a break; the technicals haven't given any opportunities.
Once again knocked out by the support level, it's become a habit.
To put it simply, follow the bears; don't overthink it.
Can the 91,500 level hold? It feels tense. If it breaks, it might continue to drop.
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ChainWatcher
· 01-09 01:35
This wave of short selling is indeed unbeatable, just quietly short and steadily make profits.
#密码资产动态追踪 It's Friday again. Is the market calm or is there something else going on? Let's let the charts speak for themselves. By the way, wishing everyone smooth trading.
Recently, market sentiment has continued to weaken, with $BTC clearly showing a bearish rhythm. Key support levels have been broken one after another, with the price even touching around 89,200. Based on recent trends, the logic remains the same: follow the bears' rhythm, and shorting is the way to go. Making money is often that simple.
Although there was a technical rebound last night, it was rejected around 91,500. The rebound was clearly insufficient, and the momentum for long positions is severely lacking. From the perspective of candlestick structure, whether on a larger or shorter timeframe, the bears still hold the dominant position. No strong signs of stabilization or reversal have appeared yet. Trading with the trend remains the key.
The trading plan for this morning is: closely monitor whether the 91,500 to 92,000 range can withstand the pressure. Once resistance is confirmed, continue to short. The profit targets below are aimed at the 89,000 to 88,000 region. The future direction of $BTC depends on technical analysis.