Recently, market fluctuations have been frequent, with abnormal surges occurring from time to time. If you are also tracking these trends, it’s advisable to pay attention to two important resistance zones: around 3168 and 3398. These two levels have historically been the main obstacles in the market.



From a technical perspective, there is usually a noticeable downward trend in the two weeks prior to the FOMC meeting. Based on historical patterns, this downward move may start in mid-January and continue until around January 27th—that is, the date of the interest rate announcement. Based on this judgment, it is more prudent to establish long-term short positions at higher levels, without being overly aggressive with leverage.

It is important to note that the probability of a rate cut in January is not high. Recognizing this in advance can help you avoid many potential risks. Therefore, rather than chasing the high, it’s better to focus on defense and contrarian thinking at resistance levels. The market works this way; patience and foresight often yield better profits than rushing in.
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0xSherlockvip
· 5h ago
Position 3398 has indeed trapped quite a few people; they've been waiting there for a while.
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GasFeeTherapistvip
· 6h ago
Opening a short position depends on luck; the 3398 resistance level is indeed annoying.
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BearWhisperGodvip
· 6h ago
3398 is about to become a grave again. I've been holding back on this short position for a while.
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LiquidationTherapistvip
· 6h ago
3168 and 3398? Bro, I've already marked these two levels, just waiting for them to break down. Wait, will the wave on January 27 really drop? It feels like every time it's said so, but there are also quite a few sharp reversals in the opposite direction. Short positions are okay to set up, but don't be too greedy. Last time, I doubled up and got liquidated, so I've learned my lesson this time. No rate cuts? Then we really need to be cautious. Instead of betting on a high, it's better to hold steady. Historical patterns are useful, but I'm worried that this time they might not follow the pattern. What do you think?
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GasGoblinvip
· 6h ago
Holding a short position and can't sleep, 3168 is indeed a hurdle --- The probability of rate cuts is low, and what they said makes sense. Don't be brainwashed by those calling for a buy at the high --- The verdict will be clear on January 27th. Those who have already positioned for a short should be secretly happy --- Historical patterns sound good, but I'm afraid this time it won't follow the usual rules --- Using resistance levels as defense is fine, but the urge to trade all the time is problematic --- Pre-judgment > rushing in, that hits home. Why do I always go against it? --- The resistance level at 3398 is a bit uncertain; it feels like it can break --- It's correct not to be overly aggressive with short multiples, but I still want to go all-in --- Waiting for the mid-January drop, then we'll see --- What you said is right, but when it really happens, I forget. It's an old bad habit
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