Bitcoin's current trend is concerning, with the daily MACD approaching a death cross signal, and a bearish atmosphere prevailing. It is expected to remain weak before the meeting, with considerable downside potential.



However, from a short-term perspective, around 89,500 has formed a certain support level. This is a secondary bottoming process; as long as it does not break below this level effectively, there is no need to be overly pessimistic. The previous long positions at 90,000 and take-profit at 91,500 have validated this support, precise to the penny.

The upcoming trading strategy is as follows: the current decline remains within the secondary bottoming range, so consider small positions to participate in the rebound. If it slightly breaks below 89,000, stop-loss immediately; the risk-reward ratio remains acceptable. It should be noted that the rebound strength during a secondary bottoming is usually not as vigorous as the first, so if the risk seems not worth it, observing is also entirely reasonable.

If this level is truly broken, the next defense line is in the 86,000-87,000 range, where a steady rebound can be safely played. Continue holding long-term short positions, with a target around the end of January.

The trend for ZEC is relatively clear. The support at 400 has been validated as a take-profit level. Now, with a rebound to 450, some traders have already taken profits. This decline around 400 marks a perfect ending point. If the next rebound approaches 530, it would be a good time to re-establish short positions, which is the most prudent choice. Although 470 is a short-term minor resistance, it is less significant compared to the pressure at 530.

WLFI has recently performed astonishingly. There was an abnormal surge in the short term, followed by a swift counterattack from the bears, with the decline rapidly expanding. The short position at 0.186, initially intended for long-term holding, has already yielded a profit of 10,000 yuan. Given the rapid recent decline, it’s better to take profits now rather than hold uncertainly. Wait until mid-January to see if a new rebound opportunity arises, then re-enter.

Overall, whether it’s mainstream coins or small-cap tokens, the trading ideas for BTC, ZEC, and WLFI are clear. Key resistance levels should be used for short positions; with the right strategy, opportunities can be confidently seized.
BTC-0.73%
ZEC-7.8%
WLFI-2.15%
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MysteriousZhangvip
· 7h ago
89,500 this line really can't hold up, feels like I need to explore it again... I've heard the idea of a second bottom many times, but I'm afraid it might turn into a third... WLFI's recent fluctuations are too bizarre, taking profits is the right move, not following the trend makes you the winner... Waiting until the end of January to see the outcome, if BTC drops below 8.6K again, I'll just go to sleep... Mark the resistance level at 530 for ZEC, next time I will definitely target this area...
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DataOnlookervip
· 11h ago
8.95K won't break, there's still hope. The strategy of a second bottom rebound can indeed catch another wave. --- MACD death cross is just a death cross. The key is whether 8.9K can hold. --- ZEC's rhythm is quite clear. 530 is the real shorting point. Chasing high now is a bit foolish. --- WLFI, with just ten thousand dollars, should take profits first. Small coins like this are too volatile and easy to get trapped. --- Continue holding long-term shorts. Anyway, this market won't drop much before the end of January. --- What you said is correct, but I'm just afraid it will reverse again then haha. --- Being precise to the minute is an exaggeration, but the support level is indeed effective. --- Small positions are okay to participate, but don't get carried away and go all-in. --- Around 430, those who should have run already did. --- I agree, waiting and watching is also a correct choice.
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Blockwatcher9000vip
· 15h ago
If you can't hold onto 89,500, you'll really panic, but a second bottoming out and rebound usually isn't strong.
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HorizonHuntervip
· 15h ago
89,500 this threshold must be maintained, otherwise there will be no suspense below Why are you still stubbornly fighting the rebound? The second rebound indeed feels somewhat weak WLFI this wave of take profit was decisive enough, much better than continuing to hesitate ZEC only started at 530, this kind of waiting is a bit torturous In the current BTC atmosphere, small positions can actually participate without much problem Can we break through the 530 barrier this time? It's a bit uncertain Already caught a wave with it, stop-loss points set firmly
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DecentralizeMevip
· 15h ago
8.95K is really a critical level that must be held; otherwise, it will have to look at 8.6-8.7. --- WLFI made a good profit this time; knowing when to exit is the key. --- The rebound strength after the second bottom is definitely not as strong as the first; this should be kept in mind. --- Wait until ZEC reaches 530 to open short positions; it's better to be cautious. --- Holding a long-term short position until the end of January shows confidence. --- Trying a small position on the rebound is worth a shot; the most important thing is to accept the risk. --- Precise to the minute... this data is a bit harsh. --- If it hadn't fallen so quickly, WLFI would have continued holding already.
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PseudoIntellectualvip
· 15h ago
89,500 is really a crucial threshold; if you can't break through, there's still hope. Secondary bottoming and rebound strength are usually quite weak, and this wave might not be an exception. WLFI directly secured a profit of 10,000, the luck is really good. Target by the end of January... feels like we need to wait a bit longer.
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SeasonedInvestorvip
· 15h ago
89,500, can this defensive line really hold? Feels uncertain. Being precise to the penny sounds comfortable, but the rebound after the second bottom is weak. How to assess the risk of participating with small positions? WLFI directly took profit of 10,000 and ran. This move was indeed stable. Not being greedy is not a bad thing. 530 is the real test for ZEC; the pressure around 470 is not significant. Waiting until mid-January to see again. Feels like this cycle is a bit long.
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SigmaBrainvip
· 15h ago
8.95K break or not is really crucial. If it breaks, we will have to firmly defend the 8.6-8.7 level. It's a bit annoying. The MACD death cross signal is honestly sometimes lagging, but this time the bearish atmosphere is indeed intense. We still need to be cautious. A small position rebound is okay, but don't be too greedy. The rebound strength of a second bottom is already weak, and if the risk-reward ratio isn't favorable, it's really not a bad idea to wait and see. ZEC 530 is the real resistance; 470 is not enough to watch. Wait for the rebound to be in place before shorting, very prudent. I think taking profits during the WLFI wave was wise. Having the money in hand is more practical than anything else. Just look for opportunities again in January.
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GamefiEscapeArtistvip
· 15h ago
It's starting to retest the bottom again. Can the 89,500 level hold? Feels risky. This wave of BTC is really a bit annoying. The MACD is about to form a death cross, and it will remain weak until the meeting. The logic for ZEC is still clear. The resistance at 530 definitely needs to be closely watched. WLFI's speed this time was too fierce. Taking profit at 10,000 was indeed wise; otherwise, getting trapped would be awkward. Small positions for bottom-fishing are okay, but the risk is indeed not small.
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