The low-level long setup I mentioned last night has played out perfectly. Today, let’s continue to discuss the subsequent trading ideas.
From a technical perspective, the market has been oscillating within a large-scale range recently. Yesterday afternoon, the bulls attempted to push higher but failed to hold their ground, indicating significant resistance overhead. Over the past month, the market has repeatedly shown a pattern of "rebound — pullback — consolidation," clearly telling us: there is support below so it won't fall further, and resistance above that it cannot break through. Therefore, the key now is to avoid blindly chasing rallies or rushing to short, and instead exercise patience with a "weakness in the market but bottom support" approach.
Generally, major trend reversals are accompanied by intense volatility. However, the current slow back-and-forth movement is actually building up energy for the next move.
Considering the recent lack of momentum, the suggested trading approach is as follows: initially take light short positions at higher levels to test the strength of the key support levels below. Once the price truly drops to the support zone and stabilizes, then consider going long to catch the rebound and the subsequent correction wave. In simple terms: "first probe short, confirm support, then go long." This strategy better suits the current environment, which is somewhat weak but has a bottom that provides a safety net.
Specific suggestions: Bitcoin: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 91,500. Ethereum: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 3,100.
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OffchainOracle
· 6h ago
Yesterday's approach was indeed correct, but this frustrating sideways movement is really intense, it feels like repeatedly harvesting profits there.
With the market moving so slowly in a tug-of-war, I don't believe the support below can hold up forever. I'll start with a small position to test the waters.
But speaking of which, the target of 91,500 is a bit conservative. I feel there's still more room to dig deeper.
View OriginalReply0
PhantomHunter
· 6h ago
It's the same old trick of "probe first, then go long." Every time, they say the support is solid, but as soon as it breaks, it breaks.
Last night's long position was indeed satisfying, but this light position operation sounds like it’s asking for trouble.
Can 91500 and 3100 hold steady? It still feels like it depends on whether there are new catalysts later.
This tug-of-war market really makes it hard to sleep. Instead of guessing, it's better to wait for clearer signals.
Shorting to verify support sounds quite risky. Don't shake your hands, everyone.
View OriginalReply0
ApyWhisperer
· 01-06 22:51
Last night's long positions were awesome, but today I have to start being cautious again? The tug-of-war in the market is really annoying.
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Trying a small short position? It still depends on whether the support can hold, otherwise it’s just another trap.
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Honestly, this wave of volatility is really dull; even waiting for confirmation signals is a hassle.
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The logic of first probing short and then going long isn’t bad, just worried that the support just confirmed and then a fake breakout plays you.
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Targets of 91500 and 3100 don’t seem to have anything new; it feels like you’re copying your previous routines.
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Don’t rush to smash the short positions? Haha, that’s true, but who can resist at critical moments?
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Having a bottom support sounds comfortable, but in actual operation, it’s still about getting caught a few times before it’s over.
View OriginalReply0
WalletsWatcher
· 01-06 22:51
Yesterday's move indeed wasn't in vain, but this tug-of-war is really getting annoying. When will we break through?
Wait, I've heard the "search and go long" strategy countless times. Can it really be different this time?
I agree with a small short position, just worried it might be a fake-out again, and the support below isn't as strong as it seems.
Is the 3100 support really solid? I always feel it might be a false dip.
When the market is weak, it really tests your patience. Don't rush, and it'll be fine.
View OriginalReply0
rug_connoisseur
· 01-06 22:51
Last night's order was indeed good, but this tug-of-war market trend is really quite annoying.
It feels like we're repeatedly doing useless work, with support and resistance levels being very clear, leaving no real opportunity.
If it just keeps consolidating like this, who knows when the market will turn around.
Small positions to probe for a breakout are still safer, at least they won't be smashed through.
BTC 91500 is a bit risky at this level, and Ethereum is even more uncertain.
View OriginalReply0
unrekt.eth
· 01-06 22:50
That wave yesterday was really exciting, but today we still need to be cautious. It still feels like we're grinding at the bottom.
Wait, can this support level really hold? I have a feeling it might break at any moment.
The idea of a light position to explore the market is okay, but I'm worried that if it drops, it might get washed out again.
3100 is a bit optimistic; Ethereum has been a bit weak this week.
Let's see if it can hold this level first. No rush.
View OriginalReply0
OldLeekNewSickle
· 01-06 22:46
Did you make a profit yesterday? Brother, your tone is pretty confident. Why do I always get liquidated when chasing highs...
It's either light positions probing the market or confirming support, sounds very professional, but in the end, it's just a gamble on the direction.
This "short first, long later" approach is just betting that support will hold. But what if it really collapses?
With the market swinging so much, I really don't know how to operate anymore. Every day, shorting at high levels gets crushed, and support isn't reliable either.
These two levels, 91500 and 3100, feel like random guesses, with no real basis.
The logic of the pump-and-dump scheme is like this: first let you taste some sweetness, then slowly cut you.
I admire your confidence, really, how many BTC is this confidence worth?
View OriginalReply0
UnluckyLemur
· 01-06 22:24
Last night's trade was profitable again, but this market really is exhausting.
Long and short at the same time, forget it, better to stay on the sidelines.
91500 and 3100, feels like a toss-up, support levels aren't as solid as expected.
Seeing weakness but not acting weak, sounds simple but really hard to execute, easy to get slapped in the face.
This tug-of-war market is the most annoying, when will we see a decent trend?
Trying with a small position, anyway big funds are waiting for signals.
Feels like the support level might break, but I dare not go all-in short.
#数字资产动态追踪 Wednesday Morning Market Outlook
The low-level long setup I mentioned last night has played out perfectly. Today, let’s continue to discuss the subsequent trading ideas.
From a technical perspective, the market has been oscillating within a large-scale range recently. Yesterday afternoon, the bulls attempted to push higher but failed to hold their ground, indicating significant resistance overhead. Over the past month, the market has repeatedly shown a pattern of "rebound — pullback — consolidation," clearly telling us: there is support below so it won't fall further, and resistance above that it cannot break through. Therefore, the key now is to avoid blindly chasing rallies or rushing to short, and instead exercise patience with a "weakness in the market but bottom support" approach.
Generally, major trend reversals are accompanied by intense volatility. However, the current slow back-and-forth movement is actually building up energy for the next move.
Considering the recent lack of momentum, the suggested trading approach is as follows: initially take light short positions at higher levels to test the strength of the key support levels below. Once the price truly drops to the support zone and stabilizes, then consider going long to catch the rebound and the subsequent correction wave. In simple terms: "first probe short, confirm support, then go long." This strategy better suits the current environment, which is somewhat weak but has a bottom that provides a safety net.
Specific suggestions:
Bitcoin: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 91,500.
Ethereum: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 3,100.