In this round of the market, the pattern remains the same—when it can't rise, it consolidates; when it consolidates, it hurts. But looking at it from the other side, the real logic of making money has always been clear: since Bitcoin surged to 120,000 in October, we've been emphasizing the same thing—don't chase the rally blindly, and aggressively short. Now, as the year approaches its end, have those who stick to this approach made money? Yesterday's market shows everything: BTC shorted at 89,500, ETH shorted at 3,030—that's the full picture of recent times.



Let's analyze the details from a technical perspective. The daily chart of Bitcoin shows a clear inverted hammer candle; right at the open, it dropped below the middle band, with both the upper and middle bands pressing down, indicating that the bears still hold the advantage. However, support is around 85,000; currently, the price is at 87,300. Going short at this point isn't highly profitable, and greed could easily lead to being trapped.

Looking at the 4-hour chart, after dropping from the high of 90,300, the momentum has dispersed. The rebound was suppressed by the middle band once again, and the bears' strength continues to be released. Every rebound is not a reason to rush into longs; this is actually the best time to control risk or re-enter the market. Although the hourly chart shows some technical rebound signals—indicators are oversold, and the Bollinger Bands are tightening—the overall weak trend hasn't changed. This rebound is likely just a false move.

Key levels to watch:

**Bitcoin**: Focus on resistance zones at 88,500, 89,500, and 90,500, which are ideal for short opportunities; support levels are at 88,000, 87,000, and 86,000. Repeated tests of these levels should be approached with caution.

**Ethereum**: In the short term, maintain a high-altitude shorting mindset. Resistance levels are at 2,980, 3,030, and 3,080—look for short opportunities at these prices; support levels are at 2,920, 2,850, and 2,780—be prepared for defense.

Honestly, this kind of consolidation won't last forever. The current rebound is actually creating opportunities for the next larger move. Instead of guessing where the bottom is, it's better to focus on risk management around resistance zones. #数字资产市场动态 $BTC $SOL
BTC0,42%
ETH1,02%
SOL0,41%
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GmGnSleepervip
· 5h ago
Talking about short positions again. Can I really avoid getting trapped this time? I haven't forgotten the lesson from last time.
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SigmaBrainvip
· 5h ago
It's the same story again, shorting, shorting. Why haven't we broken through the bottom yet? Is it real or fake?
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HypotheticalLiquidatorvip
· 5h ago
Risk control wasn't done well, now we're just preparing for a domino effect. A fake rebound should be met with honest empties; don't be greedy for that small rebound space.
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PaperHandsCriminalvip
· 5h ago
Here we go again, every time saying "Don't chase the rally, short aggressively," and yet I'm the one caught in the trap, the unlucky one.
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GateUser-a5fa8bd0vip
· 5h ago
It's the same old bearish argument again. Last time I heard you say BTC was almost 120,000, and now what are you saying? Still the same few levels, feels a bit repetitive.
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PuzzledScholarvip
· 5h ago
Oscillating makes you sad, haha, this sentence is perfect, it expresses the feelings of many people.
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fork_in_the_roadvip
· 5h ago
The 88,000 barrier keeps getting hit but never broken through. This rebound is really just a false alarm.
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