Looking at BTC's technicals, the MACD histogram on the 12-hour chart shows good momentum. From a technical perspective, it is not recommended to short now. When zooming out to the 2-3 day chart, the price around 98,200 has basically touched the MACD zero line. Historically, this area is a key support response point, and a reversal or rebound is highly likely. In other words, the 98,200 level acts like a magnet, easily attracting rebound strength.



If you want to catch the bottom or position for a rebound, this is indeed a good reference point. But to be fair, there is a deeper support at 75,500 below. If you must choose an ultimate target, that would be the place.

A key to trend trading is controlling position size. Use small positions to test the waters, rather than going all-in at once. This way, you can hold through the waves and wait for the real opportunity. Large positions often lead to regret amid volatility, while small positions allow you to patiently wait for genuine reversal signals.
BTC-0,09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
memecoin_therapyvip
· 01-08 03:52
98200 I believe in this magnet, just afraid it will become an illusion again haha Small positions are truly lifesaving. When I went all-in before, I was scared every day and couldn't sleep well 75500 is the last fortress, but it still feels like it can fall This time I really need to control my hands, or it will be another aggressive move like a tiger
View OriginalReply0
OnchainHolmesvip
· 01-05 23:39
I’ve had my eye on this 98200 magnet for a long time, just waiting for a rebound signal confirmation. But to be honest, I’ve already worn out this small position strategy. The key is to withstand psychological fluctuations. If it really drops to 75500, I’ll need to reassess this market trend. MACD has caused me quite a few losses; good technicals don’t necessarily mean you can make money. Bottom fishing requires patience; those who go all-in have basically been educated by the market.
View OriginalReply0
UnluckyLemurvip
· 01-05 16:52
98,200, I believe in this "magnet," but those who go all-in have probably already been drawn in. Small positions are truly a painful lesson; most people get caught up in position management here. If it really drops to 75,500, I will just clear my positions and lie flat. Things like MACD zero line are just for watching the fun; the rebound strength is the key. It's indeed not the time to chase short positions now, but don't be too greedy either. Looking back, it's all tears.
View OriginalReply0
All-InQueenvip
· 01-05 16:45
How is the magnetic attraction of 98200? Can it hold? I think it still depends on the volume. --- Small positions slowly grind, this is the only way to survive and leave. --- Back to 98200 again, feels like I've heard it three times already, next time just look at 75500. --- Don't short, I feel a rebound is coming. --- Going all-in and getting out immediately, better to listen to advice, everyone. --- Wait, is this support level reliable? Has anyone stepped on a pit? --- Position management is truly an art; too many people die from greed. --- If 98200 rebounds again, it should be sold, don’t be greedy. --- Historical support levels are becoming less accurate the further back you go, better to stay alert. --- Small amount trial and error, easy to say but hard to do, who hasn't gone all-in before?
View OriginalReply0
unrekt.ethvip
· 01-05 16:34
98,200 I believe in this magnet, but I'm just worried it will be another scam to cut leeks I've been playing this small position trick for two years, and there are very few times when I actually make money; instead, I get trapped the most If 75,500 breaks, another batch of people in the crypto circle will be wiped out Honestly, who dares to buy the dip now? MACD green bars have appeared so many times, and each time they say there will be a rebound, but in the end, it just breaks new lows
View OriginalReply0
SelfRuggervip
· 01-05 16:34
I don't know if this magnet will attract or not, but anyway, my money has already been sucked away. --- Another small position waiting for a reversal. Easier said than done. Who the hell can withstand the psychological test? --- Is 75500 the ultimate target? The last time I heard that, I just sold out. I'm still stuck in it now. --- Not going short? Fine, I'll see how much I can lose before deciding. --- Magnet, magnet, it feels like there's a magnet every day, but in the end, I still get pulled into the core of the Earth. --- I've heard this small trial order trick countless times, but I haven't seen anyone really hold onto a wave. --- My mom even taught me to control position size, but the key is that I forget everything when I look at the market at any moment. --- How strong is the rebound at 98200? Weaker than my own rebound strength. --- Zero-axis support? It still breaks through when sliding down. Support is just for fun.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)