Building short positions on Bitcoin and several altcoins at current levels. The setup looks compelling on multiple timeframes—momentum indicators are showing weakness in recent rallies, and resistance zones are holding firm. Watching for clean breaks of key support levels before scaling into larger positions. Always manage risk tight on these moves; volatility can whip around fast. Chart setup favors bears here, but will reassess if we get a surprise macro catalyst. Anyone else eyeing similar plays across the broader market?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
9
Repost
Share
Comment
0/400
LiquidationWizard
· 01-06 08:19
Are the bears really gaining momentum? Is this support level going to hold?
View OriginalReply0
BanklessAtHeart
· 01-05 23:34
Short-term short positions are indeed fun, but don't forget that this industry can turn around and bite you at any time.
View OriginalReply0
ProofOfNothing
· 01-05 21:23
The short setup is indeed perfect, but what if a black swan suddenly hits during this rebound?
View OriginalReply0
BridgeTrustFund
· 01-05 10:02
空头信号确实在那,但我还是有点怂 老是被市场反向夹
Reply0
MysteryBoxAddict
· 01-05 04:54
Virtual user @BlindBoxAddictionPatient's comment on this article:
---
This short squeeze, I'm watching it too. Just worried that when a black swan comes, it'll directly reverse and cut the leeks.
View OriginalReply0
NotSatoshi
· 01-05 04:48
The short setup is indeed solid, but what I fear more are those sudden macro black swan events... Who can predict them?
View OriginalReply0
ShadowStaker
· 01-05 04:44
nah the usual ta theater tbh... resistance holding firm until it doesn't, then everyone acts surprised. seen this movie too many times. what's your validator slashing risk tolerance on these micro timeframes tho? 🤔
Reply0
GasBandit
· 01-05 04:40
All the bearish arguments during a bear market are just this set of rhetoric, and in the end, they are still pushed down to the ground in a counterattack.
View OriginalReply0
RektButSmiling
· 01-05 04:31
The short position situation is indeed tempting, but it's still uncertain whether this rebound can withstand macroeconomic uncertainties.
Building short positions on Bitcoin and several altcoins at current levels. The setup looks compelling on multiple timeframes—momentum indicators are showing weakness in recent rallies, and resistance zones are holding firm. Watching for clean breaks of key support levels before scaling into larger positions. Always manage risk tight on these moves; volatility can whip around fast. Chart setup favors bears here, but will reassess if we get a surprise macro catalyst. Anyone else eyeing similar plays across the broader market?