I've heard many people say that the bull market is back, but I still need to stay calm when looking at the charts. This month, BTC's movement has been oscillating at high levels, and the lower band of the Bollinger Bands indeed acts as a resistance. The 966 level is currently the biggest obstacle. I'm wondering if the big players want to first create a candle with an upper shadow and then push the price down again?
Honestly, the 947 level is also quite tough, barely breaking above 95. I have a short position at 943 with a stop loss set at 954. If there's a pullback, I will continue to watch the 918 support. If 918 doesn't break, I plan to reverse and go long—this kind of strategy is actually adjusted in real-time based on the market.
On Sunday, the short position I called out dropped to a low of 907. Although it didn't reach the deeper level of 903, the trend suggests it's about time to reverse. Yesterday, around 913, I already adjusted my position to go long, and I exited at 938. I then set a breakeven stop loss, so there was basically no loss. That's how the market works—being flexible is the key.
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.
15 Likes
Reward
15
8
Repost
Share
Comment
0/400
PseudoIntellectual
· 01-08 16:45
The market maker really likes to play this set, I've seen too many scenes of drawing lines and smashing the market.
966 indeed looks like an iron gate, feeling unbreakable.
918 must hold on, or it will be really embarrassing.
This guy's stop-loss setup is quite solid, not losing is considered winning.
Being flexible is real, those who stubbornly hold are crying.
953 Is there a possibility of a rebound here? It feels a bit strange.
947 has been stuck for so long, it should have moved already.
I just want to ask, can 918 really hold?
This wave of position adjustment ideas is okay, but it's mentally exhausting.
Counter-trend long positions require precise timing, otherwise you'll get caught again.
View OriginalReply0
GateUser-4745f9ce
· 01-06 01:55
The dealer's move is indeed a bit cunning, and the 966 threshold really traps people.
View OriginalReply0
TrustMeBro
· 01-06 01:53
How many times has the big player played this trick? Anyway, I don't believe in any bull market anymore. Let's see after 918 breaks.
View OriginalReply0
WenAirdrop
· 01-06 01:52
It's the same old game of the market manipulators drawing lines, haha. I'm tired of playing this way every time.
If 918 can't break through, I’ll believe your analysis this time.
The move from 943 to 938 was really smooth, but most people just can't react in time.
View OriginalReply0
ShortingEnthusiast
· 01-06 01:46
This trick by the market maker is too familiar to me. They just want to trick retail investors into chasing the high. That broken level at 966 can't hold its ground.
View OriginalReply0
DeFiChef
· 01-06 01:43
If 918 breaks, I'll just run away. The dealer's game is too dirty.
View OriginalReply0
InscriptionGriller
· 01-06 01:38
Uh, another confident expert sharing their experience. Short position at 943, support at 918, flexible counterattack... The technical indicators sound really sharp, but I just don't know if it will reset again next time.
I've heard many people say that the bull market is back, but I still need to stay calm when looking at the charts. This month, BTC's movement has been oscillating at high levels, and the lower band of the Bollinger Bands indeed acts as a resistance. The 966 level is currently the biggest obstacle. I'm wondering if the big players want to first create a candle with an upper shadow and then push the price down again?
Honestly, the 947 level is also quite tough, barely breaking above 95. I have a short position at 943 with a stop loss set at 954. If there's a pullback, I will continue to watch the 918 support. If 918 doesn't break, I plan to reverse and go long—this kind of strategy is actually adjusted in real-time based on the market.
On Sunday, the short position I called out dropped to a low of 907. Although it didn't reach the deeper level of 903, the trend suggests it's about time to reverse. Yesterday, around 913, I already adjusted my position to go long, and I exited at 938. I then set a breakeven stop loss, so there was basically no loss. That's how the market works—being flexible is the key.