Recently, this wave of market fluctuations has been repeatedly pulling in the high range, with the forces of bulls and bears clearly in a stalemate. From a short-term perspective, the Bollinger Bands still maintain a bullish arrangement and are gradually diverging upward, while the four-hour timeframe is undergoing a correction at a critical high point. However, the bottom lows have not shown a significant rise for a long time, which gives us a trading idea — consider testing the bears at high levels and wait for a downward correction to fill the gap.
Specifically, the 9.1500W region is a reasonable entry point, with the target looking towards the space between 9W and 8.9300. The risk-reward ratio in this range is quite good, and it’s worth paying attention to the subsequent trend confirmation.
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AirdropHermit
· 23h ago
Attempting a short at a high level, enter at 9.15W and exit at 9W. This repeated manipulation is indeed a bit annoying.
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The bottom hasn't lifted yet, so it means we need to wait a bit longer, no rush.
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The Bollinger Bands are still diverging, but I'm worried it might suddenly break in the opposite direction, and then the short positions will be screwed.
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The risk-reward ratio is good, but the key is to wait for a confirmation signal. Entering now is just gambling.
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This kind of choppy market is the hardest to trade, both longs and shorts get hit, so better to wait and see first.
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Entering at 9.1500W might be a bit early, I prefer to wait for a clearer breakout signal.
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A dip to 8.9300 is indeed possible, but how to control the risk? Have you set a proper stop-loss?
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Currently consolidating on the 4-hour chart, let's wait and see the breakout direction, no need to pick a side early.
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I've made profits with this kind of operation before, but I've also been caught, so now I'm more cautious.
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It makes sense, but I feel this market isn't that simple, there might be repeated fluctuations.
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MetaverseMortgage
· 01-04 21:50
High-level short positions are indeed tempting, but what I fear most is a sneaky move where the price doesn't rise at the lows.
Wait, will it really drop this time, or will I get trapped again?
Entering on 9.15 feels a bit risky.
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GateUser-3824aa38
· 01-04 21:50
Shorting at a high level? Sounds good, but I'm just worried it might be another laser fantasy time.
Not lifting off from the bottom is indeed a bit uncomfortable; we need to watch closely this time.
I think trying at the 9.15 level is worth a shot; if it drops to 8.93, that's a profit.
Feels like we're going to be pulling back and forth again, it's exhausting.
This kind of choppy market is the most annoying. Should I go short or not? I still don't trust it.
The 9 to 8.93 range, the odds are about the same; it all depends on whether it follows the usual pattern.
The Bollinger Bands spreading upward is a bullish sign, so why are we going short again?
The lack of movement at the low point indicates the bulls also lack strength; that's the key.
Let's wait for confirmation; anyway, the risk of shorting at a high level isn't that big.
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ApeEscapeArtist
· 01-04 21:36
Not lifting from the bottom really feels uncomfortable, it seems like this wave is just testing patience.
Wait, short at 9.15W, target 9W. I need to calculate the risk-reward ratio.
The Bollinger Bands are diverging but the low point is nailed down. I've fallen for this trick before.
Short at high levels? A bit daring, I'm watching closely.
This time, I won't follow the trend. I'll wait for confirmation before acting.
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BottomMisser
· 01-04 21:34
Oh my, it's repeatedly chopping at high levels again. My fingers are almost calloused from pressing so much.
The bottom just won't lift, it's a bit annoying... Let's try the short side and see.
The Bollinger Bands are diverging upwards, huh? Then I should wait before making a move.
Entering at the 9.1500 level feels a bit like gambling.
It's more comfortable to watch around 90,000, the risk ratio is okay.
By the way, can this wave stop fluctuating so much? I really can't take it anymore.
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MidnightSnapHunter
· 01-04 21:26
High-level empty test, I agree with this logic, just worried it can't go down
The detail of not rising at the bottom is good, indeed hiding opportunities
The entry point on 9.15 sounds solid, but we also need to see if it can really drop later
I'm a bit conflicted about whether the fill space is enough, feels like the risk is just average
The bulls and bears have been stalemated for so long, indicating that the main force hasn't decided yet, so let's just wait
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OnlyOnMainnet
· 01-04 21:20
The fact that the lows haven't been lifted is indeed interesting; it's quite reasonable for the bears to give it a try.
Recently, this wave of market fluctuations has been repeatedly pulling in the high range, with the forces of bulls and bears clearly in a stalemate. From a short-term perspective, the Bollinger Bands still maintain a bullish arrangement and are gradually diverging upward, while the four-hour timeframe is undergoing a correction at a critical high point. However, the bottom lows have not shown a significant rise for a long time, which gives us a trading idea — consider testing the bears at high levels and wait for a downward correction to fill the gap.
Specifically, the 9.1500W region is a reasonable entry point, with the target looking towards the space between 9W and 8.9300. The risk-reward ratio in this range is quite good, and it’s worth paying attention to the subsequent trend confirmation.