Recently, BTC has been fluctuating between 90,000 and 91,200, providing plenty of trading opportunities.
If you like to scalp during volatility, you can do this: go short lightly near 91,200 on rallies, and go long lightly near 90,200 on dips. Set your stop-loss at 100-200 points above or below, and don't be too greedy.
If you want to catch a breakout, go long if it breaks above 91,250, targeting 92,000, with a stop-loss at 90,800. Conversely, if it breaks below 90,000, go short with a target of 89,000 and a stop-loss at 90,500.
But if you're a trend trader, now might not be the right time. The daily EMA's bearish alignment hasn't truly reversed, and the directional signals aren't clear enough. It's better to wait on the sidelines until the technicals give a more definite signal before jumping in, which will keep your mindset much more comfortable.
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CoffeeOnChain
· 2h ago
It's that same annoying range again, bouncing between 90k and 91.2k all day. Can I really get some benefits from this? I think most likely I'm just getting cut.
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RektRecovery
· 10h ago
yo this range-bound theater is exactly where retail gets liquidated... i've seen this movie before. everyone thinks they're scalping genius until one wick takes their whole stack lol
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HodlVeteran
· 10h ago
This wave of volatility is just the right time for rookies to get cut. I advise you not to mess around... Back then, I was constantly stopping losses within this broken range of 90,000-91,200, and in the end, I lost two months' worth of salary in blood.
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CommunityWorker
· 10h ago
It's that annoying range again, constantly 91200 and 90200 every day, which is really frustrating. I'll just wait for a breakout; entering now just means giving the exchange trading fees.
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RektRecorder
· 11h ago
91200 has been pulled back again. This wave of the market is really trying to fleece me haha
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LiquidityNinja
· 11h ago
Oscillating band yield farming, I'm familiar with this setup. I'm just worried that a greedy stop-loss might get swept away. It's better to wait until a confirmed breakout before acting. Staying flat before the EMA reverses is the most comfortable.
Recently, BTC has been fluctuating between 90,000 and 91,200, providing plenty of trading opportunities.
If you like to scalp during volatility, you can do this: go short lightly near 91,200 on rallies, and go long lightly near 90,200 on dips. Set your stop-loss at 100-200 points above or below, and don't be too greedy.
If you want to catch a breakout, go long if it breaks above 91,250, targeting 92,000, with a stop-loss at 90,800. Conversely, if it breaks below 90,000, go short with a target of 89,000 and a stop-loss at 90,500.
But if you're a trend trader, now might not be the right time. The daily EMA's bearish alignment hasn't truly reversed, and the directional signals aren't clear enough. It's better to wait on the sidelines until the technicals give a more definite signal before jumping in, which will keep your mindset much more comfortable.