This wave of market fluctuations has been repeatedly testing, but the logic of shorting remains unchanged. Looking back at October, when Bitcoin broke above $120,000, we kept emphasizing—don't chase the rally, learn to short at high levels. Now that it's almost the end of the year, how are the returns from this trading strategy? Yesterday's actions speak volumes: short positions around 89,500 on Bitcoin and shorts at 3,030 on Ethereum truly reflect the recent rhythm.



From a technical perspective, Bitcoin's daily chart shows an inverted hammer pattern, opening below the middle band support. The upper and middle bands are still declining simultaneously, indicating the bearish trend hasn't changed. But there's a problem—support below is around 85,000, and with the current price at 87,300, the space for chasing shorts is actually quite narrow. Forcing the issue now would be unwise. Moving to the 4-hour chart, after a surge to 90,300, it immediately dropped back down. Every rebound is being suppressed by the middle band, and bearish momentum continues to be released. On the hourly chart, although indicators are oversold and Bollinger Bands are tightening, suggesting a technical rebound, overall, the momentum remains weak.

Operationally, the key points are—focus on the resistance zones at 88,500, 89,500, and 90,500 for Bitcoin. Shorting at these levels is the best strategy; support levels below should not be ignored, with attention to 88,000, 87,000, and 86,000 in order. As for Ethereum, the intraday approach remains mainly high-level shorts, with resistance at around 2,980, 3,030, and 3,080, and support at 2,920, 2,850, and 2,780.

Don't expect the market to keep moving sideways forever. Every rebound now is actually building energy for the next decline and is also the best opportunity to re-enter the market. Grasp the rhythm well, control risks properly—that's the key. #战略性加仓BTC $BTC $SOL
BTC0,77%
ETH1,29%
SOL0,53%
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ServantOfSatoshivip
· 6h ago
Really? Going short again at 88500? I'm still holding my long position at 87300 and struggling to hold on, I'm so frustrated.
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GetRichLeekvip
· 6h ago
Oh no, another high-altitude discussion. I just want to ask, was that wave in October also this confident? Are your current losses okay, brother?
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ApeWithAPlanvip
· 6h ago
Talking about the high altitude again? I missed that wave in October, and now looking at this logic, I really can't hold it anymore.
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ParanoiaKingvip
· 6h ago
Here comes the high-altitude discussion again. Did you really make a killing in that October wave?
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MrRightClickvip
· 6h ago
Around 88500 is indeed a good short point for gold, but I am more optimistic about the downside potential below 86000.
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