The recent market trend is not complicated; the key is execution. The day before yesterday in the afternoon, Bitcoin slightly broke below support, and the market began to adjust its direction. That evening, a good shorting opportunity emerged. Entered BTC around 90345, ultimately capturing a 1045-point decline; Ethereum followed the same logic, entering at 3127 and gaining 69 points. That’s how the market works: either stubbornly hold on or decisively cut losses to find new opportunities—there is no third way in the crypto market.



From a technical perspective, the current market shows a clear oscillation pattern, with both bulls and bears engaged in a tug-of-war. However, looking downward, the overall downward trend is continuously expanding. On the hourly chart, the Bollinger Bands are consistently trending downward. Although there have been rebounds, they have not broken through the main downward framework, indicating that the bears still hold the dominant position. The subsequent strategy is to continue shorting at these rebound highs.

Next technical recommendations:

Consider shorting BTC around 90500, targeting below 89000

Similarly, short ETH around 3100, with a target near 3000

This wave of market movement is not very difficult; it all depends on whether you have the patience to wait for opportunities and the courage to execute.
BTC0,12%
ETH0,36%
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MEVHunter_9000vip
· 01-09 11:20
1045 points? Damn, such a move. Why can't I have this reaction speed? Execution is easy to talk about; it's really about whether you can resist slipping up. The Bollinger Bands are so tightly pressed, the space is definitely there. The key is who can hold the rebound mentality. Once 89000 is broken, let's just wait to catch the flying knives. The ETH target is a bit aggressive. 3000 sounds easy to say, but once it retraces to 3050, there will be many people starting to buy the dip.
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JustAnotherWalletvip
· 01-08 17:01
1045 points of space were taken just like that, execution is indeed the key, no doubt about it. 2. Wait for the rebound to re-enter, this time it really feels like the bears are about to be fully fed. 3. The Bollinger Band suppression is so obvious, no wonder no one dares to buy the dip... 4. It's the same old story, either make money or lose money, there's really no way in between. 5. I also believe in 89000, just waiting to see if there's patience. 6. But whether the 3000 level can hold is really hard to say. 7. Looks simple, but in reality, it's easy to chase high and get caught. 8. This rhythm really has no flaws, the key is whether the entry timing is precise. 9. Continue to set up short positions, the trend is right here. 10. Easier said than done, many people die at the stop-loss step. 11. The idea of laying in wait for a short at the rebound high is good, just afraid the rebound won't be in place. 12. How does it feel to gain from 1045 points? I'm still waiting for an opportunity on my side. 13. Not many have the courage to execute; most just want to make money, not to lose. 14. The hourly chart is already so suppressed, short-term bears are still tough. 15. Where is the next trigger point? Waiting for it.
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MrRightClickvip
· 01-08 16:56
1045 points of decline space, this execution capability is indeed unmatched, it’s really a test of human nature. 2. That’s right, there really is no third way in the crypto market—either a blood deficit or wild euphoria. What I fear most is that kind of wavering mentality. 3. The Bollinger Bands three-line continues downward... sounds like the bears still have a chance, just depends on whether there’s patience to wait for that rebound point. 4. The levels at 89000 and 3000 are quite tough, whether you dare to act at this position is the real skill. 5. It’s always like this—opportunities are in front of you, but execution is the biggest hurdle. 6. I almost couldn’t hold back that afternoon when it slightly broke through, but in the evening it really gave a chance to short. This market really has a rhythm. 7. Stop-loss is easy to talk about but hard to do; many people stubbornly resist, only to end up losing everything. 8. The 69-point return on ETH doesn’t seem much, but it’s stable, much better than those who go all-in with a gamble mentality. 9. Continuing to short at the rebound high point, I agree with this idea, just need to be firm and not be fooled by false rebounds. 10. I believe that the difficulty isn’t high, but the key is when human greed and fear will finally settle down.
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GasFeeTearsvip
· 01-08 16:50
1045 points? Damn, this take profit is too aggressive. Why don't I have this reaction speed? It's easy to say, but how come I still get trapped when the bears are in control... Execution? My execution is just executing losses haha. Waiting for a rebound to set up? The problem is I always get stuck at the rebound low point. Can we hold the 89,000 level? I always feel like it's going to break. It's the same old story, I just want to know why I always miss the boat. Why does the 3000 bottom always seem unreachable? It's not that I don't want to execute, I just can't move my fingers, you know? This rhythm looks simple, but actually cutting in is very smooth. Is there anyone like me, who can see the right direction but still end up losing money?
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