2026-01-09 01:23:02

BTC is currently in a very interesting stage. The market sentiment generally expects a continuation of the upward trend after a pullback. I also see a relatively mature head and shoulders bottom pattern on the 1-hour chart, which logically supports a subsequent rebound. But to be honest, I still lean towards a short position first.

The reason is straightforward: the 91400 level is a clear resistance on the 1-hour chart and also coincides with the Fibonacci 0.382 retracement level. The resonance of these two technical indicators often creates strong resistance.

So my strategy is to place a short order around 91000 to test the waters. If the price pushes up hard, I’m not worried—at worst, I’ll add to the position and hold through the profit and loss. This trading approach is risk-controlled and gives me enough flexibility to respond to market changes. Anyway, short-term trading is about this—finding key levels, setting proper risk controls, and letting the market decide the rest.

BTC-0,52%

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NestedFox

· 01-12 00:59

The 91,400 level is indeed interesting, but I think the short position this time is a bit of a tantrum. The head and shoulders bottom are already set up here.

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ChainDoctor

· 01-10 00:26

Head and shoulders bottom and Fibonacci resonance? Sounds good, but I always feel that this set of logic can justify itself every time. Anyway, when it rises, it’s because it’s right; when it falls, it can also be explained.

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LiquidityHunter

· 01-09 01:53

That 91,400 level is indeed interesting, Fibonacci data resonance... but have you considered the liquidity gap between exchanges?

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NotFinancialAdvice

· 01-09 01:52

That level at 91400 is a bit tough to break through, but I think this wave is more likely to be smashed through easily.

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SellTheBounce

· 01-09 01:50

Looking at the head and shoulders bottom, you want to rebound. Wake up, there's always a lower point waiting. Sell on the rebound, that's the right way. 91400? I think it still needs to fall further. Human nature is to chase highs; the market loves to harvest this hope. Short positions are still hanging, just waiting for the market to prove me right. Short-term traders all learn one word in the end—patience for the bottom. Technical indicator resonance? Haha, that's just fooling beginners. History tells us there are always lower levels. Promised risk control, but isn't it just another synonym for the bagholder.

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DustCollector

· 01-09 01:49

That 91,000 level is indeed risky, but with such a clear inverse head and shoulders pattern, do you really dare to short again?

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SatoshiLeftOnRead

· 01-09 01:37

91,000 short positions? This guy is still too optimistic. I think the market needs to teach him a lesson.

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