BTC is currently positioned near the upper edge of the central zone, still not breaking through the central zone range. From a technical perspective, although the bearish momentum is waning, at this critical level, a consolidation and shakeout process is inevitable. The probability of a significant upward breakout in the short term is not high. Instead of frequently chasing highs, it's better to wait for clearer signals. Recently, I opened a weekly put option to hedge, as a psychological buffer. The market rhythm is like this; sometimes recognizing the boundaries of the trend is more important than blind trading.

BTC1,5%
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
  • 8
  • Repost
  • Share
Comment
0/400
LostBetweenChainsvip
· 01-09 15:46
Ah, this wave is indeed tricky. Don't chase recklessly if the central point isn't broken. Recognizing the boundaries is more important than anything else.
View OriginalReply0
BearMarketMonkvip
· 01-09 08:46
Consolidation is all about who can resist moving. I feel more at ease when I buy put options; anyway, the money I can't make doesn't bother me.
View OriginalReply0
BoredRiceBallvip
· 01-08 16:21
The days of consolidation are the most tormenting, just waiting for that breakout signal. That's right, this position can't be rushed, anyway I also opened a put to hedge for fun. Frequent chasing highs is pure suicide; recognizing boundaries is something to keep in mind.
View OriginalReply0
not_your_keysvip
· 01-07 10:49
Don't rush; chasing highs now is just giving money to the market makers. Wait for a signal; anyway, the market will consolidate whether you act or not. That's right, doing nothing now is much smarter than reckless moves. Don't expect a breakout as long as the central point isn't broken; just watch patiently. I also think that instead of betting on a rebound, it's more comfortable to hold some options for hedging. Realizing the boundaries really hits the point, truly. Frequent trading is just wasting transaction fees and is a prelude to a mental breakdown.
View OriginalReply0
SocialFiQueenvip
· 01-07 10:48
Hey, not this time. I'm just annoyed by this consolidation. Instead of chasing the highs, it's better to stay flat and wait for signals.
View OriginalReply0
MysteryBoxOpenervip
· 01-07 10:48
Hmm, this time we really need to keep a steady mindset and not let the volatility blow our minds.
View OriginalReply0
GasFeeBeggarvip
· 01-07 10:47
Consolidation and turnover, indeed this wave requires patience, no rush. --- Hedging with put options is pretty good, saves from daily worries. --- You're right, compared to chasing highs, it's better to wait for clearer signals. --- At the upper boundary of the central zone, if it can't break through in the short term, just be patient and wait. --- The momentum is weakening but hasn't truly broken through yet, this is when the most mental testing occurs. --- I get the idea of psychological buffering, so I won't stay up at night. --- Recognizing boundaries hits home; many people fall into the trap of frequent trading.
View OriginalReply0
FlyingLeekvip
· 01-07 10:25
Recognizing boundaries is indeed more valuable than chasing highs, but can the put options on Friday be caught at the bottom? This whole wave is just frustrating.
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)