Recently, during the market fluctuations, the rebound of BTC and ETH looks very lively, but the actual gains are not as large as expected. At this moment, the most important thing is not to be swayed by FOMO emotions and to stick to the established trading plan.
Regarding BTC, the key support level remains around 94,444.44. The current approach is to short on rallies, with two pending orders set at 92,192 and 92,856. Stop-loss is placed above 94,444.44, with a target down to 88,000. Until this level is broken, hold the short positions.
The situation for ETH is similar. Pending orders are set at 3,175 and 3,235, with a stop-loss at 3,300 and take-profit at 2,786. Maintain a synchronized short-selling strategy overall.
What is the key? It’s execution. Don’t fear missing the rebound, and avoid chasing longs during the rally. Set proper stop-losses and operate according to the plan; this is the foundation for stable profits. Whether BTC can break through 94,444.44 is the focus of observation. The rebound space before the breakout is limited, and opportunities may instead appear during the correction.
Disclaimer: This is for personal analysis only and does not constitute any investment advice.
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.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
PonziDetector
· 10h ago
To be honest, I FOMOed for a whole year and still didn't make any money. Now I've learned to look down on rebounds.
The execution ability is just outrageous; most people simply can't do it.
88,000? That seems a bit optimistic, but indeed, stop-loss is important.
The 92,192 level feels a bit random...
They're starting to talk about a bearish trend again, it's a cycle.
View OriginalReply0
WalletDivorcer
· 01-12 10:47
Here comes another warning not to chase the rally, I just can't control myself haha
View OriginalReply0
PhantomMiner
· 01-12 10:40
Execution ability really hit me; too many people just chase after rebounds and simply can't hold onto their short positions...
View OriginalReply0
GasGuzzler
· 01-12 10:37
Here comes the 98k rebound again, don't believe it, just waiting to get chopped for the new investors.
Recently, during the market fluctuations, the rebound of BTC and ETH looks very lively, but the actual gains are not as large as expected. At this moment, the most important thing is not to be swayed by FOMO emotions and to stick to the established trading plan.
Regarding BTC, the key support level remains around 94,444.44. The current approach is to short on rallies, with two pending orders set at 92,192 and 92,856. Stop-loss is placed above 94,444.44, with a target down to 88,000. Until this level is broken, hold the short positions.
The situation for ETH is similar. Pending orders are set at 3,175 and 3,235, with a stop-loss at 3,300 and take-profit at 2,786. Maintain a synchronized short-selling strategy overall.
What is the key? It’s execution. Don’t fear missing the rebound, and avoid chasing longs during the rally. Set proper stop-losses and operate according to the plan; this is the foundation for stable profits. Whether BTC can break through 94,444.44 is the focus of observation. The rebound space before the breakout is limited, and opportunities may instead appear during the correction.
Disclaimer: This is for personal analysis only and does not constitute any investment advice.