#BinanceABCs $BTC currently shows a bearish alignment on the daily chart, with the price being continuously suppressed by the downward trendline from the October high. The rebound strength is weak, and it faces significant resistance moving forward.
From a capital perspective, the long-short ratio is about 0.85, with continuous net outflows by the main force. Long contracts are frequently liquidated, indicating a clear lack of market confidence. The macro environment is also not optimistic—The Federal Reserve's rate cut guidance remains cautious, liquidity expectations continue to tighten, and risk assets are generally under pressure.
In terms of technical indicators, RSI shows a weak divergence but has not yet confirmed, while MACD bearish momentum remains strong, with no clear reversal signals at this time.
Short-term trading strategy: Consider shorting around 88,000-88,500, with the target below focusing on the 86,000-85,000 range. If you are still struggling with the market direction, whether to avoid missing out or being trapped, it’s better to analyze calmly rather than guess blindly, and find a trading rhythm that suits you.
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TradFiRefugee
· 21h ago
Main net outflow data is a bit scary, but I'm still a little hesitant about the 88,000 short positions.
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It's another bear market mentality. Friends who missed out and got caught in the trap, don't panic. Calm analysis is really key.
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The RSI weak divergence hasn't been confirmed yet. Whether this wave can break below 85,000 is really hard to say.
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With macro pressure like this, short-term bearishness is reasonable, but just don't get scared into liquidation.
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Long-short ratio of 0.85? Retail investors are being cut again, the main force is really offloading.
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Betting on a drop from 88,500 to 86,000 with shorts, tightening stop-losses shouldn't be a big problem.
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Liquidity tightening and a short-term arrangement, there's really no reason for a rebound.
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Instead of guessing the bottom, it's better to follow the trend. Right now, the trend is bearish.
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Frequent contract liquidations indicate that longs are really scared and have been beaten down.
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The Federal Reserve's tough stance is so strong that Bitcoin really can't hold up in the short term.
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BasementAlchemist
· 21h ago
88000 bets on the Fed not rescuing the market
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NFT_Therapy_Group
· 21h ago
Here comes the same old bearish arrangement again. I don't have the guts to short at 88,000. What if there's a rebound?
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degenwhisperer
· 21h ago
Here comes the same old bearish setup again; once 88,000 is smashed down, there's really no way out.
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FunGibleTom
· 21h ago
Here comes the same old bearish alignment again, always claiming suppression and rebound. But what’s the result? I really can’t understand anymore.
Those still trapped are still hesitating, waiting for the main force to pump the market and rescue it, haha.
86000-85000? Let me guess, it will probably end up stuck oscillating somewhere in the middle again.
When the long-short ratio hits 0.85, people start shouting about lack of confidence. It should be when both longs and shorts are about the same to be considered normal.
This wave of market movement is really a bit tug-of-war. Why not just try a reverse order directly?
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MetaverseHobo
· 22h ago
It's another bearish arrangement with main force net outflows, hearing it so often makes my ears calloused.
The main force this time is really fierce, with frequent contract liquidations... We retail investors are truly caught in the middle.
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ColdWalletGuardian
· 22h ago
It's another bearish arrangement with main net outflows, I'm tired of hearing it... Short at 88,000? I'm wondering if this rebound can even hold until then, it's hard to say.
The bulls are getting liquidated again. How much more will they lose this time?
#BinanceABCs $BTC currently shows a bearish alignment on the daily chart, with the price being continuously suppressed by the downward trendline from the October high. The rebound strength is weak, and it faces significant resistance moving forward.
From a capital perspective, the long-short ratio is about 0.85, with continuous net outflows by the main force. Long contracts are frequently liquidated, indicating a clear lack of market confidence. The macro environment is also not optimistic—The Federal Reserve's rate cut guidance remains cautious, liquidity expectations continue to tighten, and risk assets are generally under pressure.
In terms of technical indicators, RSI shows a weak divergence but has not yet confirmed, while MACD bearish momentum remains strong, with no clear reversal signals at this time.
Short-term trading strategy: Consider shorting around 88,000-88,500, with the target below focusing on the 86,000-85,000 range. If you are still struggling with the market direction, whether to avoid missing out or being trapped, it’s better to analyze calmly rather than guess blindly, and find a trading rhythm that suits you.