BTC recently formed a bearish opportunity around 92700, and we entered short positions from this level. The market exited with profits when it dropped to 91592, and the subsequent needle-like pullback to around 91500 was also within expectations. This round of trading yielded approximately 1200 points of profit.



The next key focus is the support below. The 91500-90500 zone requires close attention. If support holds steady, there is a potential for a rebound, and you can consider switching to a long strategy. However, the resistance level at 94500 remains the ceiling for the market—unless it is broken through, the possibility of a subsequent decline remains high.

The situation with ETH is similar. We positioned a short at 3262, closed near 3200, and secured a 62-point profit. Currently, the key support levels to watch are 3220 and 3180.

If the 3180 support is effectively broken, the next focus will be the 3130-3100 range. However, if support holds, the rebound resistance will be around 3300-3350. From a technical perspective, we still need to wait for a clearer confirmation of the trend.
BTC-0,86%
ETH-1,82%
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SchrodingerWalletvip
· 15h ago
Emma, I lost 1200 points just like that. Why didn't I get on the train?
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ProofOfNothingvip
· 01-07 11:51
1. If you shorted at 1200 points, this move is still fierce. Too bad I didn't follow along. 2. 94500 hasn't been broken yet. This ceiling is indeed stubborn. 3. ETH at only 62 points, I feel a bit regretful. It seems this round of market isn't as fierce. 4. I'm also watching the support level at 91500-90500, just worried about a sudden plunge. 5. Wait, according to your logic, BTC rebound might also have a chance? Then I need to adjust my strategy. 6. The resistance level at 3300-3350 sounds a bit far, not sure if I can reach it. 7. It's really one day one direction confirmation. I don't dare to hold heavy positions now. 8. A quick dip back to 91500, this kind of move is always hard to defend against. 9. Support holds steady for a long position? But it feels like this decline isn't over yet. 10. ETH at 62 points is really a bit awkward, might as well not open a position.
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MoneyBurnerSocietyvip
· 01-07 11:51
It's another day of precise positioning... That's quite accurate, but I bet five cents that if the pressure level at 94500 breaks, you'll have to change your tune haha
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GasFeeCrybabyvip
· 01-07 11:51
1200 points directly leaving, really amazing. I was still hesitating there. --- 94500 is really the ceiling? Feels like it will break sooner or later. --- ETH this wave only 62 points, why didn't I take more? --- Long at the support level? I'm afraid of another dip, better wait for confirmation. --- If the 3180 line breaks, I’ll be liquidated immediately. Praying it holds. --- Why is it always wait for the direction to be confirmed? When can we finally get a clear signal? --- 1200 points is indeed good, but I feel the bearish window is getting smaller and smaller. --- If the support below holds, go long? Sounds simple, but actual trading is full of traps.
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MidnightTradervip
· 01-07 11:50
It's comfortable to take this wave of 1200 points, just worried that the 94,500 level might suddenly surprise us. Breaking support is the real test; let's see if 91,500 can hold. ETH seems to be stagnant; let's wait and see.
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Hash_Banditvip
· 01-07 11:49
yeah 1200 points on btc is solid, but not gonna lie... that 94.5k ceiling's been holding like a stubborn asic refusing to thermal throttle lol. seen this pattern before tho, difficulty adjusts eventually. eth's squeeze between those support zones reminds me of hashrate compression cycles - smth's gotta give soon fr
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PumpDetectorvip
· 01-07 11:44
lol 1200 points on btc sounds nice until you realize the whales already priced that move in... those support zones? yeah they're psychological traps fr fr 🎯
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HappyMinerUnclevip
· 01-07 11:39
1200 points just like that, awesome. Why can't I have this reaction speed? If 94500 can't be broken, then it needs to be pushed down, feels like there's still room. ETH is also steady this wave, but the key is to hold 3180. Once it's broken, I gotta run. Is support really that crucial? I feel like it's all after-the-fact armchair quarterbacking. Between 91500-90500, I feel like it can still fall, no rush to enter. Keep a close eye on 3220 and 3180, afraid that one careless move will cause it to slide down. By the way, how was your mindset when you entered this position? I'm always nervous.
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