Good afternoon, traders! This market movement is indeed a bit frustrating. Every time there's a rebound to the top, it quickly reverses, and the expected high points are always out of reach. The temperament required is really tough. Bitcoin surged strongly yesterday to over 88,000, then turned weak again. From the small-scale charts, the downward trend still dominates, and the current trading strategy remains a high-short approach—waiting for rebounds to find resistance opportunities.
For those shorting, set your stop-loss at the rebound resistance zone. Now, focus on the key resistance zone between 87,300 and 88,000. As long as the rebound can't effectively break through this level, the smaller timeframes are likely to continue downward. The support targets below are initially anchored around 85,000-84,000.
If you want to position for a long, you can place orders around 80,500 and wait for opportunities; in case the market suddenly gains strength and breaks through 88,000, be alert to resistance around 89,500. #美国就业数据表现强劲超出预期 $ETH
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Sadinoraiz
· 14h ago
Ape In 🚀
Reply0
ApeWithAPlan
· 17h ago
Damn, it got hammered down again. 88,000 is really just a ceiling.
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BearMarketGardener
· 12-17 08:23
Oh man, this rebound really almost tricked me into chasing the high every time.
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BearHugger
· 12-17 08:22
That 88,000 level is really a tough nut to crack; it always acts like it's dead there every time.
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GasBankrupter
· 12-17 08:15
It's really impossible to get past this 88,000 hurdle, so frustrating.
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BoredApeResistance
· 12-17 08:07
It's the same old trick again. If it can't break 88,000, it'll keep falling. So annoying, really.
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NeverPresent
· 12-17 07:55
88,000 is really the ceiling; repeatedly hitting it is so annoying. I wonder when it will break through.
Good afternoon, traders! This market movement is indeed a bit frustrating. Every time there's a rebound to the top, it quickly reverses, and the expected high points are always out of reach. The temperament required is really tough. Bitcoin surged strongly yesterday to over 88,000, then turned weak again. From the small-scale charts, the downward trend still dominates, and the current trading strategy remains a high-short approach—waiting for rebounds to find resistance opportunities.
For those shorting, set your stop-loss at the rebound resistance zone. Now, focus on the key resistance zone between 87,300 and 88,000. As long as the rebound can't effectively break through this level, the smaller timeframes are likely to continue downward. The support targets below are initially anchored around 85,000-84,000.
If you want to position for a long, you can place orders around 80,500 and wait for opportunities; in case the market suddenly gains strength and breaks through 88,000, be alert to resistance around 89,500. #美国就业数据表现强劲超出预期 $ETH