The weekend market was very stable, with Bitcoin fluctuating around 90,600, basically following the previous projection. It surged from 90,170 to 91,770 in just a few hours, gaining nearly 1,600 points.
Looking at the four-hour chart, after the previous decline, the Bollinger Bands have now flattened. However, from a larger cycle perspective, the bearish momentum still prevails. The strength of the rebound is gradually weakening, which indicates that the technical support for further decline is actually more solid. Based on this judgment, the upcoming trading strategy should focus on short positions at higher levels.
Specific reference points: $BTC short around 91,800-92,500, with targets at 89,000-90,000; $ETH short at 3,150-3,180, with targets at 3,010-3,060. Keep paying attention to $BNB as well.
The market is still adjusting and digesting, and rational sentiment is returning. In the short term, maintaining a cautious and bearish attitude would be more prudent.
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LayerHopper
· 6h ago
I've heard the high-level shorting argument too many times, and in the end, I always get beaten back. Forget it, I'm not following anymore.
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GasFeeNightmare
· 6h ago
It's another high-level shorting opportunity, but this time the gas fee has risen to 30 Gwei, and the arbitrage profit is completely eaten up by miner tips.
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JustAnotherWallet
· 6h ago
Trying to short again at a high level? I think the rebound strength is just like this, continuing to short is okay, but you must set a good stop-loss, brother.
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The Bollinger Bands are flattening, and you're still daring to chase the short? Come on, wait for the breakdown before talking.
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Short at 91800? Why do I feel this level isn't high enough? Let's wait a bit more.
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Every time they say the bears are dominant, but what happened? I'll wait for a breakdown to confirm before following.
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Can the 89000-90000 target be reached? This rebound feels quite solid.
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I agree with being cautious and leaning bearish, but don't get caught by the rebound, haha.
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BearMarketSurvivor
· 7h ago
The rebound momentum is weakening, and I agree with the logic that bears are favored; I've seen this happen many times in historical cycles. But the real test of discipline is whether we can firmly short at the 92,500 level, rather than being fooled by the 1,600-point rebound. Survival comes first.
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PaperHandsCriminal
· 7h ago
Another high-level short position. The last time I heard this, I was trapped at 92,800 haha
#Solana行情走势解读 Market Monday Observation: Bitcoin Technical Analysis
The weekend market was very stable, with Bitcoin fluctuating around 90,600, basically following the previous projection. It surged from 90,170 to 91,770 in just a few hours, gaining nearly 1,600 points.
Looking at the four-hour chart, after the previous decline, the Bollinger Bands have now flattened. However, from a larger cycle perspective, the bearish momentum still prevails. The strength of the rebound is gradually weakening, which indicates that the technical support for further decline is actually more solid. Based on this judgment, the upcoming trading strategy should focus on short positions at higher levels.
Specific reference points: $BTC short around 91,800-92,500, with targets at 89,000-90,000; $ETH short at 3,150-3,180, with targets at 3,010-3,060. Keep paying attention to $BNB as well.
The market is still adjusting and digesting, and rational sentiment is returning. In the short term, maintaining a cautious and bearish attitude would be more prudent.