There has been a lot of discussion recently in the market about the correlation between gold and Bitcoin. From a technical perspective, this recent rebound seems more like a prelude to a subsequent correction—the larger the rally, the stronger the selling momentum.



Many traders are easily confused by short-term gains, but chasing highs is often the most dangerous approach. Instead of blindly following the trend, it’s better to assess the risks from a bearish perspective. The current strategy is to look for shorting opportunities in the 4546-4553 range, with a stop-loss above 4560.

If the correction unfolds as expected, the target levels to watch below are sequentially 4500, 4470, 4430, and even around 4400. Overall, a more noticeable pullback could occur in the next one or two days. This correction may be a process for the market to find a new balance.
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PancakeFlippavip
· 7h ago
It's the familiar warning of a dump again, always happening on time. Is this really a dump this time? --- Brothers chasing the high, wake up. The rebound is just a trap. --- Try a short position at 4546, anyway the stop-loss is set, at most losing some trading fees. --- Gold and Bitcoin correlation? Nonsense, it's just an excuse for funds to manipulate retail investors. --- This guy looks quite confident in being bearish. What if it suddenly dumps in the opposite direction? I’ll stay on the sidelines for now. --- Another adjustment coming? I’ll watch and wait. If I can't be sure, I won't act. --- The guy who bought near 44-44, are you panicking now?
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DAOdreamervip
· 17h ago
Can you chase higher? It's always like this cutting me off. This time, let's just wait patiently at 4500.
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RooftopReservervip
· 17h ago
Same old story, every time they say they want to dump the market, and then what? --- Chasing highs is indeed risky, but don't be too arrogant as a bear. See you at 4400. --- Gold and Bitcoin correlation? Feels more like a coordinated rip-off. --- I’ll believe it when this wave of correction actually happens. Right now, I’m still half in doubt. --- Stop loss at 4560... This brother underestimates the strength of this rebound a bit. --- That’s the vibe, just not sure if it will follow the script. --- Staring at these numbers every day, I can’t make sense of it. --- A correction in one or two days? I bet five bucks it will go up another two days. --- Bear positioning sounds professional, but executing it must be all tears, huh.
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NervousFingersvip
· 17h ago
Chasing highs is suicide, it’s always like this. --- Break above 4560 and accept the loss, nothing more to say. --- That’s right, the rebound trap might really be coming this time. --- Wait for the correction, no need to rush, anyway a shakeout is inevitable. --- Is gold and BTC moving in tandem? I think they are falling together. --- Standing in the short position to assess risk, this is the correct stance, everything else is just along for the ride. --- See you at 4400, brothers, only by going down can you get out of the trap. --- The bigger the rise, the harsher the sell-off, this has been said every year, but people still chase. --- Short-term confusion? Not just short-term, the entire crypto circle is an illusion. --- Next one or two days, I really need to be cautious, I have already reduced my holdings.
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LiquidityWizardvip
· 17h ago
ngl the whole "rebalancing" narrative here is just cope for missing the short setup. statistically speaking, if this bounce holds above 4560 we're looking at maybe 35% probability of the downside targets actually printing. people don't realize correlation degrades faster than liquidity dries up in these ranges—actually, mathematically it's quite elegant how fast it breaks down.
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DuckFluffvip
· 17h ago
Here comes the bearish talk again... Every time they say a pullback, but instead it pushes up again.
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SandwichVictimvip
· 17h ago
Another bunch of people chasing the high are going to get cut. I already said not to touch this rebound.
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PuzzledScholarvip
· 17h ago
Chasing highs is really asking for death. I've been cut before, and now I'm just holding onto my short position, hoping to catch a decline.
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