The recent market trend is quite interesting. Many people say it's bearish, but when they turn around, they can't resist buying the dip. However, the long-short ratio data is right there, and it can't be fooled.
Going long can also catch the rebound gains, but the problem is you never know when a sudden spike will come. Just a few days ago, Bitcoin hit around 87,500 in the early morning, and Ethereum reached 3,020 dollars. Those who held onto their long positions tightly are probably still trying to find psychological balance.
In my opinion, the most reliable short-term strategy is to short on rebounds. Unless you can monitor the market 24/7 like a professional trader, chasing highs to go long isn't very cost-effective. Instead of gambling on luck, it's better to wait for a spike before building positions.
Based on the current trend, if Bitcoin rebounds to around 91,600 and Ethereum pushes to the 3,180-3,200 range, there’s still a chance for shorts to continue. The market has no absolute right or wrong—only higher probability choices.
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TopBuyerBottomSeller
· 6h ago
Exactly right, I also think this rebound is a good opportunity for shorting; chasing highs to go long is really exhausting and unprofitable.
People trying to bottom out are probably feeling overwhelmed now, that 87,500 spike was indeed fierce.
The problem is most people simply can't wait for the spike, they have to chase the rebound, and then get caught.
I'm also watching the 91,600 level, and we'll see about the shorting opportunities then.
It's all a game of probability—it's better to choose the right side than just bet correctly.
Saying the bear market has turned around and then going long every day is really amusing.
Shorting requires patience; wait for the rebound to be in place before acting, there's no rush.
Those who entered at 3020 are probably regretting it now; they missed the rebound and got hit with a spike.
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BearMarketMonk
· 12-15 09:44
Saying one thing and doing another—I've seen this trick many times. The data can't really deceive people, but what about people's hearts?
That needle stab was the harshest; the bulls realized what a cycle truly means in the despair of early morning. This is the market's meditation lesson—pain is the best teacher.
Instead of chasing highs and gambling on luck, it's better to wait for that needle to come before speaking. In a game of probabilities, those who survive are never the ones who win the most.
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CommunityJanitor
· 12-15 09:25
Yeah, this wave is indeed easy to get pierced, I was beaten up like this last time.
Speaking of bottom-fishing, people's mentality really can't hold up, they say bear market but their hands are faster than their brains.
Shorting during a rebound sounds good, but it depends on luck. Many times, the rebound just skyrockets.
Wait, are you sure that the positions at 91600 and 3200 can really be smashed down? Feels a bit like mysticism, brother.
Monitoring the market 24/7? Are you joking? Giving up work, right?
It's basically gambling on probabilities; no one has an absolute answer. Don't be fooled by these data.
The recent market trend is quite interesting. Many people say it's bearish, but when they turn around, they can't resist buying the dip. However, the long-short ratio data is right there, and it can't be fooled.
Going long can also catch the rebound gains, but the problem is you never know when a sudden spike will come. Just a few days ago, Bitcoin hit around 87,500 in the early morning, and Ethereum reached 3,020 dollars. Those who held onto their long positions tightly are probably still trying to find psychological balance.
In my opinion, the most reliable short-term strategy is to short on rebounds. Unless you can monitor the market 24/7 like a professional trader, chasing highs to go long isn't very cost-effective. Instead of gambling on luck, it's better to wait for a spike before building positions.
Based on the current trend, if Bitcoin rebounds to around 91,600 and Ethereum pushes to the 3,180-3,200 range, there’s still a chance for shorts to continue. The market has no absolute right or wrong—only higher probability choices.