The market has indeed been a bit stagnant these past two days, with no clear direction up or down. But honestly, in this kind of oscillating environment, doing some short-term swing trading is a pretty good choice. The longer the consolidation lasts, the more likely it is that the subsequent price movement will be larger, which is a basic market principle.



My view on BTC is that there might be another rebound. But the problem is that the 9万 level has been tested many times already, and from a technical perspective, it's hard to tell. Compared to that, the market is more likely to first test downward, creating panic by draining liquidity below, and thus build momentum for the next rally.

Considering these factors, I prefer to wait for a safer entry point—if there are rebound signals around 8万6, then I will consider adding positions. This way, I can avoid getting trapped at high levels and also not miss out on the subsequent upward move. For now, I’ll just observe until clearer signals appear before making any decisions.
BTC0,24%
View Original
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidityWizardvip
· 9h ago
86 Na Bo got in early and is already laughing to death. Now claiming to be cautious is truly a case of hindsight bias.
View OriginalReply0
notSatoshi1971vip
· 9h ago
Wait a minute, trying 90,000 so many times and still hoping for a rebound? I think this might be a signal that it's going to drop further; the big players are bleeding the market.
View OriginalReply0
ChainWallflowervip
· 9h ago
Wait, 90,000 attempts and it still hasn't broken through? That's hard to say. It seems we really need to see how the 86,000 reacts first...
View OriginalReply0
SerNgmivip
· 9h ago
Wait, are you saying to smash it down first and then pull it up? I've seen this trick too many times haha
View OriginalReply0
rugged_againvip
· 9h ago
The 86 level is indeed tempting, but my mind is a bit confused right now. The 90,000 has been tested repeatedly so many times, it feels like the main players are just playing psychological warfare. If you ask me, it's better to wait and see, don't rush to catch the bottom.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)