The fire in Hong Kong yesterday was truly heartbreaking, with 44 lives lost and nearly 300 people still missing. To be honest, if you see someone stuffing an electric bike into the elevator or parking haphazardly in the hallway in your community in the future, don't hesitate to report it to the property management. Safety is not something to be taken lightly.
Back to the market. I have consistently held a bearish view, and the reason is simple - the rhythm of this round of rally has already been disrupted. Now this rebound? To put it bluntly, it is just a technical correction after the decline, conveniently clearing out the overly crowded short positions. Last night, the price surged above 91000, and I set a stop loss at 90000 for my short position at 89000, but it got stopped out. There's nothing much to say about that.
However, I haven't changed my overall direction. The key is whether the middle track of the daily line can withstand the pressure, which is roughly around 94000. If it rebounds to this point and is blocked, that will be the starting point of a new round of decline. I will continue to be bearish, and the defense line will be set in the 94000 area.
The above is just a personal opinion and is for reference only.
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SilentAlpha
· 11-28 08:14
I was stopped out again; I really need to adjust my trading rhythm.
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Web3ExplorerLin
· 11-27 23:44
hypothesis: the market's pulse right now resembles a Byzantine generals' problem—everyone's trying to signal authenticity while nobody truly controls the narrative. that 91k pump? classic oracle network manipulation if you ask me. the real bridge between bear conviction and price action hasn't formed yet, ngl.
Reply0
RetailTherapist
· 11-27 04:59
If we can't get past the hurdle of 94000, we should be ready to buy the dip.
View OriginalReply0
BlockchainFoodie
· 11-27 04:58
ngl this whole "technical bounce before the real dump" energy reminds me of a soufflé that looks perfect on top but collapses the moment you cut into it... market structure's got no integrity rn, that 94k level is basically your proof-of-freshness checkpoint before everything spoils
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GasFeeGazer
· 11-27 04:56
I bet that this obstacle of 94000 won't stop the Rebound, and then we should watch for new lows.
View OriginalReply0
OldLeekConfession
· 11-27 04:39
Short positions have been swept again, but I'm still watching the 94000 level. If it can't break, I'll continue shorting.
#美国非农数据超预期 Bitcoin
The fire in Hong Kong yesterday was truly heartbreaking, with 44 lives lost and nearly 300 people still missing. To be honest, if you see someone stuffing an electric bike into the elevator or parking haphazardly in the hallway in your community in the future, don't hesitate to report it to the property management. Safety is not something to be taken lightly.
Back to the market. I have consistently held a bearish view, and the reason is simple - the rhythm of this round of rally has already been disrupted. Now this rebound? To put it bluntly, it is just a technical correction after the decline, conveniently clearing out the overly crowded short positions. Last night, the price surged above 91000, and I set a stop loss at 90000 for my short position at 89000, but it got stopped out. There's nothing much to say about that.
However, I haven't changed my overall direction. The key is whether the middle track of the daily line can withstand the pressure, which is roughly around 94000. If it rebounds to this point and is blocked, that will be the starting point of a new round of decline. I will continue to be bearish, and the defense line will be set in the 94000 area.
The above is just a personal opinion and is for reference only.
$BTC