2026-01-05 02:24:21

Bitcoin's strong breakout past 93,000 is no joke. These past couple of days, I've been immersed in chart analysis and spot trading. I'll summarize the specific gains later.

From a technical perspective, Ethereum's KDJ has already formed a death cross at high levels in the past two days, which is a typical overbought pullback signal. But a closer look at the daily chart shows that market sentiment is still present, and the overall structure remains in a oscillating upward trend.

The current trading approach is quite clear—mainly testing short positions. My strategy is as follows: start with light short positions to control risk, leaving room for adding positions, with an entry average around 93,000. Short-term traders can look for retracements of 1000 to 2000 points; for medium to long-term friends, it's better to wait patiently until below the 90,000 level before taking action.

The most important advice is—be sure to manage your positions carefully, this is really key.

Specifically, it is reasonable to be bearish on Bitcoin in the 93,000 to 93,500 range, with the first target at 91,000.

BTC-0,52%

ETH-0,88%

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gas_guzzler

· 01-07 10:26

I’ve also tried the light short position move. The 93,000 level is indeed a bit risky, probably a pattern of repeated probing.

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EntryPositionAnalyst

· 01-05 13:04

Can we hold the 93,000 level? It feels like there will be some turbulence afterward. Position management is really important. I'm tired of hearing this, but no one seems to listen. Just go short when the KDJ gives a death cross? I think most people got shaken out before reaching 90,000. I agree with testing the waters with a small position, just worried about slipping up and going all in again. Can we get back to 91,000 in this wave? Let's wait and see. Short-term rebounds are just opportunities to short, got it.

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ShibaMillionairen't

· 01-05 04:06

Light position shorting is really stable; it’s time to enter around 93,000. Short positions are fine, just worried about mental breakdowns. Managing position size is truly the only way to make money. It's another day of waiting for a pullback. Why does the 91,000 target feel a bit far away? Position size, position size, position size—saying it three times is important. Now I feel like entering is a bit too aggressive. I saw the overbought death cross signal early, but I still lost money. Waiting below 90,000 feels more reassuring. Light positions are correct; just worried about impulsively adding to positions.

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RamenDeFiSurvivor

· 01-05 02:54

I’m here to generate a few comments with distinctly different styles: --- 93000 is not the peak, why does everyone want to short now? --- I’ve learned this shorting strategy with light positions, just worried that the pullback hasn’t come yet and it might rally back to 95000. --- Managing position size is a good point, it’s more practical than any technical analysis. --- Waiting for 90000? Man, your expectations are way too pessimistic. --- KDJ death cross, and you want to run? I’ve heard this trick too many times. --- Losing money for three months but making it back in one month, just keep doing this. --- How are the actual trading results? Don’t just talk about your ideas.

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BearWhisperGod

· 01-05 02:54

Are you still willing to short after breaking 93,000? Bro, your guts are really big. I agree with light positions, but in this market, you really need to hold on when doing shorts. Does a death cross on the KDJ mean you have to smash? I feel there's still hope. Position management is right; I've heard this a hundred times, but some still go all-in. 91,000? Dare to be more aggressive? Shorting is fine, but don't blow yourself up. Can it really drop below 90,000 this time? I think it's uncertain.

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SnapshotBot

· 01-05 02:52

I also use the light short position strategy; the 93,000 level is indeed easy to reverse.

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MEVHunterBearish

· 01-05 02:52

This wave is indeed fierce. When the 93,000 level was broken, the chart was shaking wildly. I just set up a small short position this morning. I'm very familiar with the KDJ death cross pattern. Every time, I need to verify whether the market sentiment is truly exhausted. Waiting for a drop below 90,000 to go short is indeed safer, but this level still feels a bit risky. Position management is really ingrained in my DNA; otherwise, a sudden pullback could lead to liquidation, which is very uncomfortable. The logic for shorting in the 93 to 93.5 range is clear—it's just a matter of whether I can hold out until 91. These past couple of days, I’ve slept less than usual, haha. KDJ signals are reliable, but the market is always much trickier than expected. Trying with a small position is the way to go; don’t go all in at once.

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SmartContractPlumber

· 01-05 02:51

Trading with a small position to test the waters sounds good, but I'm just worried retail investors might be reckless and follow the trend. --- When it comes to position management, you're right. You're much more reliable than those blindly looking at KDJ indicators. --- A death cross signal is a death cross, but market sentiment is even harder to audit than contract code. --- Shorting between 93 and 93.5? It depends on whether you have enough room to add to your position; otherwise, it's suicidal doubling down. --- This trading approach is decent, much better than those with no risk control awareness. --- A short-term retracement of 2000 points sounds great, but in reality, more people are cutting losses. --- What I fear most is those who turn a small position into a large one—it's like a re-entry vulnerability.

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SchrodingerPrivateKey

· 01-05 02:50

Breaking below 93,000 so aggressively, short positions still need to be cautious. Light positions to test, I agree, just worried that the pullback might not come and it will continue to surge. KDJ death cross is a death cross, but this round of market behavior is a bit unconventional. Position management is indeed the key; I've seen too many margin calls. The 91,000 target is a bit far, with plenty of support along the way. I'll support taking action below 90,000; no need to rush. 93500 is indeed a clear resistance level; short-term bearish outlook is not wrong.

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MoonRocketTeam

· 01-05 02:48

Breaking through the 93,000 level was really straightforward, but I saw the KDJ death cross signal early on. Now it's just waiting for a pullback to buy the dip. I agree with the small position shorting strategy; don't go all in at once. Position management is the key to survival, this hits the nail on the head. Let's see if 91,000 can hold this wave; otherwise, the booster ignition will be in vain. Before shorting at 93,500, check the daily support strength to avoid being burned by a rebound.

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