2025-12-18 10:20:34

The recent market conditions are indeed dangerous. Last night, there was another round of long and short liquidation, with a total of 156,621 traders being wiped out across the entire network, amounting to $540 million in liquidations (including $382 million long positions and $158 million short positions). This makes me feel somewhat uneasy. However, my friends and I are relatively lucky, mainly because we exercise restraint—protecting profits when necessary and taking action when appropriate. We managed to catch some of the short positions in Bitcoin during that wave.

Honestly, in this kind of market, you need to change your strategy. The trading frequency must be reduced, focusing only on opportunities with clear value. During other times, just observe and stay still. Those rushing to make reckless moves are almost certainly the ones getting liquidated.

**How to view Bitcoin**

The current issue is very clear—liquidity is severely lacking. Large funds are moving elsewhere, which naturally diminishes Bitcoin’s attractiveness. Repeated price swings within the 84,000-88,700 range are essentially harvesting stop-losses and liquidation orders on both sides.

From a technical perspective, if the price breaks below 84,000 but quickly recovers, it could be a rebound opportunity. But before establishing a firm position, avoid aggressive longs. For spot trading, it’s recommended to take small positions, gradually accumulating within the 80,000-85,000 range, and keep some bullets ready for extreme dips.

The short-term strategy is to short on rallies, with resistance at 87,000. If it doesn’t break 87,000, continue to look for downside targets around 85,000-84,000. If the price dips to 81,000, consider catching a rebound. In extreme cases, add to positions if it drops to 76,000. Conversely, if it breaks above 87,000, watch out for resistance at 88,000-89,000.

**Ethereum’s trend**

Ethereum generally follows Bitcoin’s rhythm. From a technical standpoint, the target zone below should be around 2,620-2,820, which corresponds to previous significant lows. The specific trading approach is similar to Bitcoin—wait for confirmation signals before making decisions.

In this market, just staying alive is winning.

BTC-0.59%

ETH-0.54%

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SignatureDenied

· 12-21 09:12

500 million just disappeared like that, ridiculous --- It's easy to talk about moderation, but it's really hard to hold back when you see an opportunity --- Another round of harvesting, the suckers are almost gone, right? --- Breaking even is earning, this phrase hits hard --- Wait, the author even shorted? How stable must this mindset be --- Can we really buy at 80000 to 85000? Afraid of missing out --- Staying alive is winning, this phrase is annoying to hear but it's true --- I don't believe in extreme probing to 76000, that's too harsh

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ChainDetective

· 12-19 21:17

5.4 billion liquidation, really ruthless. This wave has indeed triggered many people's stop-losses. Still the same saying, only by staying alive can you make money. The greedy ones have already gone to the hospital. Whether 87,000 breaks or not is really crucial, I’m just watching. It's about time to cut down on trading frequency; watching the market every day is basically suicide. The needle-stabbing harvester is back in action, a typical farming move. Slowly position yourself between 80,000-85,000, don’t rush. Lowering expectations in this market is more reliable; otherwise, the mentality will collapse early. Liquidity has all run away, no wonder it’s so dull. Wait for signals, don’t act blindly. It’s that simple.

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NightAirdropper

· 12-19 20:48

Look at this double kill, you have to obediently lower the frequency. Really, those who are messing around should have no pants left now. --- 5.4 billion in liquidation, it hurts just to watch... Luckily, I wasn't greedy. --- Lack of liquidity just like this, stabbing and stabbing to hit stop-loss, the套路 is too deep. --- If 84,000 can't be broken, don't rush to buy the dip. I'm gradually accumulating at 80,000, anyway, there's plenty of time. --- The key is the 87,000 resistance. If it can't be broken, keep looking bearish, simple and straightforward. --- Ethereum follows the big brother, nothing much to say... just watch the 2620 level. --- Living is winning. I truly understand this now. Don't be greedy, it really helps you live longer. --- Shorting on rallies is really profitable. This market just eats this setup. --- I've already scaled out some at 80,000-85,000, see if I can catch the rebound. --- Now is the test of patience. Whoever can endure will win.

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TokenomicsShaman

· 12-18 19:29

Another night of liquidation feast, this liquidity is really running out. This wave was purely luck not to be liquidated, need to slow down. 50 million blown up, just thinking about it makes me shiver... should guard my little bullets well. Whether 84,000 breaks or not is the key, don't be greedy. Following the trend and messing around indeed means life or death, I have completely changed my mind. Living is winning, this saying is too harsh haha. The short position was okay, the bulls are too miserable. Now it depends on whether 87,000 can hold, if not, continue to drop. Ethereum follows Bitcoin, no independent market anymore indeed. This market requires patience, doing nothing is the real profit.

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0xInsomnia

· 12-18 10:50

5.4 billion just disappeared like that, it made me gasp in disbelief --- Self-control is truly the only rule for survival in this industry; everything else is虚 --- 86000 this wave of price dips, again harvesting the leeks --- Only dare to watch but not act, and you end up living longer --- When liquidity dries up, you have to lie low; there's no rush --- Wait, he said he shorted Bitcoin? This wave of luck is good --- If it doesn't break 87000, keep looking for short opportunities; wait for the signal, and it's over --- Living is winning, that hits too close to home, brother --- Small positions are layered; otherwise, if it drops to 80000, a single push and you're done --- Is Ethereum also playing along? Forget it, let's wait and see

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DegenWhisperer

· 12-18 10:49

5.4 billion liquidation, now that's true bloodshed and chaos... --- Look at this spike, it's just ridiculous, really harvesting both sides of the retail investors. --- Controlling these two words is too easy to say, but when the market hits that moment, how many can really hold on... --- Let's wait until it drops to 76,000. If you go long now, you're just a bagholder. --- Ethereum following Bitcoin, this month's market really is a bit pathological. --- Living is winning—this phrase hits hard. Why do I feel like I'm dying? --- Shorting at 87,000 when it rises high; honestly, it's just gambling. --- All those who claimed they could make a profit in friends' circles have now disappeared, haha. --- Splitting small positions to buy gradually sounds good, but who can actually do that in practice... --- If liquidity is insufficient, just wait. There's no rush anyway.

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DegenDreamer

· 12-18 10:39

Here we go again, this wave is really fierce. I also just barely survived by holding a small short position, let the rest go. Breaking below 84k and bouncing back is still logical, but right now I’m just lying with a small position. Frequent market operations are just asking for trouble. That 87k resistance really got stuck, it feels like it needs to drop further. Let’s wait for 81k to re-enter a wave. Ethereum is following Bitcoin, and it doesn’t seem to have much new to offer. The 2620 level should have support; let’s wait for signals. Living is winning, this phrase feels especially true now, haha.

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CryptoDouble-O-Seven

· 12-18 10:26

5.4 billion liquidation, really outrageous, this bloodbath was quite fierce --- Moderation is the key to victory, this statement is so true, I think the same way --- I dare not gamble anymore, reducing trading frequency is the right way --- 87,000 is the hurdle, be cautious after breaking through, don't get stopped out --- I prefer this calm analytical style, more reliable than those who shout signals every day --- Living is winning, I give in to this statement haha --- Whether 84,000 breaks or not is the key, wait for confirmation signals before acting --- The judgment of insufficient liquidity is spot on, no wonder it's so easy to be liquidated --- Small positions layered gradually are indeed stable, still need to keep some bullets, can't go all in --- Ethereum follows Bitcoin's decline, looks like I have to wait for Bitcoin to stabilize first

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ShibaSunglasses

· 12-18 10:24

Damn, 540 million liquidation, this is really brutal. Luckily, I’m not leveraged. --- Self-control is truly the only way to survive. Watching these reckless trades, they really deserve to get liquidated. --- I’m really tired of these attempts to hit 86,000–87,000; it’s obvious they’re just trying to trigger stop-loss orders. --- If 87,000 doesn’t break, I’ll keep shorting, with a target locked at 85,000. --- Those who dare to be aggressive long now are just throwing money away. The safest is still small positions and scaling in. --- Ethereum is moving along with Bitcoin. This round, it all depends on BTC’s direction. --- With insufficient liquidity, this is to be expected. Big players have already left, and retail investors are still here throwing a tantrum. --- If it drops to 81,000, I’ll buy the rebound. If it really falls to 76,000... then I’ll add to my position. I accept it. --- Honestly, surviving is winning. If you die, everything else is pointless.

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MevWhisperer

· 12-18 10:21

5.4 billion liquidation, really incredible, luckily I wasn't caught in it too --- That's quite right, lowering the frequency is the key to survival, reckless trading is pure suicide --- If 84,000 doesn't break, then there's no problem, the key is whether there is funds to enter the market, right now it's really虚 --- Let's wait and see, don't rush to get in, bullets should be saved for opportunities --- Ethereum is following Bitcoin, that 2620 level was really a bottom signal --- I might buy in if it drops to 81,000, I've already been lessons learned anyway --- This market relies on patience to make money, those who are itchy have already爆仓 --- If 87,000 breaks, then we have to look at the high levels, this rebound is probably悬 --- Being alive is winning, no doubt about it, just don't be greedy

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