Over the weekend, Bitcoin mostly hovered around 90600, with not much fluctuation, about 500 points, and the rhythm was fairly regular. Now the price has reached around 91200 and is starting to consolidate.
From the chart, after probing the bottom once, it entered a sideways correction phase. The 4-hour Bollinger Bands have already flattened, and neither bulls nor bears have clear signals. But if we look at it from a broader perspective, the bearish advantage still exists, and the rebound momentum is weakening, which is a pretty clear signal. So the trading strategy remains the same—sell on rebounds, avoid chasing longs.
This morning, focus on the 91500 level. If it faces resistance here, consider short positions. The first target is 89500. If this level is broken effectively, then pay close attention to the 88000 zone for support.
Non-farm payroll data came in below expectations, which indeed added some uncertainty to the market, but the overall rhythm remains unchanged.
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ponzi_poet
· 10h ago
Bouncing back and pressing again, I’m familiar with this trick. Am I going to get cut again?
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MergeConflict
· 01-14 01:45
Rebound then press down, I believe in this logic. Let's see if 91,500 can hold.
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Blockblind
· 01-13 23:17
Bouncing back and then pressing down, I've followed this logic for so long and haven't been caught in a trap.
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FUDwatcher
· 01-13 05:39
Rebound then press down, this old move again, the bears still hold the upper hand.
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APY追逐者
· 01-12 02:20
Rebound then press down, I'm tired of this logic haha, it's another cycle of getting trapped again.
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AirDropMissed
· 01-12 02:20
Here we go again with this rebound and suppression pattern. Feels like I say this every time, but what’s the result?
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BtcDailyResearcher
· 01-12 02:18
Rebound then short, I agree with this logic, the bears are still strong
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BearMarketBro
· 01-12 02:17
Rebound suppresses short positions, I’m familiar with this routine, just afraid it’s another fake move.
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Can 91500 really hold, or is it just another trick to lure me into a short position?
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Non-farm data flopped, yet the market remains so rigid, so boring.
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I believed the bearish advantage was clear, I said the same last time, and it shot up to 99k.
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If 88000 breaks, we’ll have to look at a new low, feeling a bit timid.
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Every week I say rebounds are suppressed, every week I lose, do you still dare to follow this time?
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It’s just consolidating, probably brewing something, I feel there will be movement next week.
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When the Bollinger Bands are flat, it’s often the calm before the storm, be careful.
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RektButAlive
· 01-12 02:11
Non-farm payrolls took a dive again, and now we have to watch the bears' reaction. Can we really hold the 88,000 level?
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ReverseTradingGuru
· 01-12 02:11
Buying the dip on rebounds—this strategy is old news. I'm just worried that the price might rally before reaching 91500, and then we'll get hit hard in the opposite direction.
#美国非农就业数据未达市场预期 Monday market key point, $BTC once again at a crossroads
Over the weekend, Bitcoin mostly hovered around 90600, with not much fluctuation, about 500 points, and the rhythm was fairly regular. Now the price has reached around 91200 and is starting to consolidate.
From the chart, after probing the bottom once, it entered a sideways correction phase. The 4-hour Bollinger Bands have already flattened, and neither bulls nor bears have clear signals. But if we look at it from a broader perspective, the bearish advantage still exists, and the rebound momentum is weakening, which is a pretty clear signal. So the trading strategy remains the same—sell on rebounds, avoid chasing longs.
This morning, focus on the 91500 level. If it faces resistance here, consider short positions. The first target is 89500. If this level is broken effectively, then pay close attention to the 88000 zone for support.
Non-farm payroll data came in below expectations, which indeed added some uncertainty to the market, but the overall rhythm remains unchanged.