#MSCI未来或纳入数字资产财库企业 Brothers, let's keep it brief. The current Bitcoin market indeed requires caution. My short-term outlook is bearish, and this rebound has basically run its course. But we also need to watch out for it pushing higher again, possibly testing around 98,000 to see if there's more depth. If you want a safer approach, using small leverage to short Bitcoin is a good idea, targeting the 80,000 level. Stay tight, as the bulls' days are indeed not easy.
During consolidation, the strategy is quite straightforward; the tricky part is those key levels. That's where trading becomes most entangled—it's all a psychological battle. The bullish signals are quite clear, but it just can't break through the previous high. This Friday before the New York session will be critical: if it still can't surpass the previous high, there's a high chance of sideways movement or a downward correction in the short term.
**Technical Outlook**
For Bitcoin: The range between 95,000 and 98,000 is repeatedly stalling. The daily chart shows high-level consolidation, with the bullish pattern still intact but losing momentum. On the hourly chart, MACD has turned downward, and RSI has retreated to 52. Currently, it's in a correction phase.
Support levels are at 94,500 as the first line of defense; if broken, look toward 92,400. The resistance above is the previous high at 98,000.
Ethereum is correlated with Bitcoin, so short-term it’s more realistic to approach with a range-bound strategy.
**Trading Ideas**
$BTC:
- **Shorting opportunity**: Enter short between 96,200 and 97,000, with a stop-loss at 97,300. First target is 94,200 to 94,800. If it continues downward, look toward 92,400.
- **Long opportunity**: Do not break below 94,200. Buy within the 94,200 to 94,600 range, with a stop-loss at 93,700. Targets are 96,500 to 97,000.
$ETH:
- **Shorting opportunity**: Enter short between 3,340 and 3,380, with a stop-loss at 3,400. Target 3,280; if it drops further, look toward 3,200.
- **Long opportunity**: Buy between 3,200 and 3,220, with a stop-loss at 3,160. Upward targets are 3,300 to 3,340.
Overall, this phase tests patience and risk management. The main trend leans bearish, but don’t be greedy. Stick strictly to your plan: cut losses when needed, and avoid letting small losses turn into big ones.
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MetaNomad
· 8h ago
Once again, the 98,000 level is a hurdle. It feels a bit risky to break through.
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Psychological warfare is the hardest; fund management is the key. Stop-losses cannot be neglected.
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This critical point before Friday's New York session, must keep a close eye on it.
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Only consider going down if 94,200 breaks. It's still early to enter now, right?
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Using small leverage to short is indeed safer; just worried about a sudden reverse surge.
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This oscillation range isn't large; be patient and wait for a breakout point.
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ETH is following the trend, with no independence; it still depends on Bitcoin's direction.
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92,400 is the real support. Talking about a breakdown now is a bit alarming.
View OriginalReply0
ZkProofPudding
· 8h ago
Breaking through the previous high is a tough challenge. If on Friday's New York session we still can't push it higher, we should seriously consider short positions. The psychological battle is really exhausting.
View OriginalReply0
RugpullTherapist
· 8h ago
The 98,000 level is really a hurdle. If you can't break through, you have to move on. Maintaining the right mindset is the hardest part.
View OriginalReply0
SelfStaking
· 8h ago
If 98,000 can't be broken, then it's time to admit defeat. Let's see this Friday.
View OriginalReply0
0xLuckbox
· 9h ago
If 94,500 is broken, I'll admit defeat. This Friday's New York session will decide everything. Feeling exhausted.
#MSCI未来或纳入数字资产财库企业 Brothers, let's keep it brief. The current Bitcoin market indeed requires caution. My short-term outlook is bearish, and this rebound has basically run its course. But we also need to watch out for it pushing higher again, possibly testing around 98,000 to see if there's more depth. If you want a safer approach, using small leverage to short Bitcoin is a good idea, targeting the 80,000 level. Stay tight, as the bulls' days are indeed not easy.
During consolidation, the strategy is quite straightforward; the tricky part is those key levels. That's where trading becomes most entangled—it's all a psychological battle. The bullish signals are quite clear, but it just can't break through the previous high. This Friday before the New York session will be critical: if it still can't surpass the previous high, there's a high chance of sideways movement or a downward correction in the short term.
**Technical Outlook**
For Bitcoin: The range between 95,000 and 98,000 is repeatedly stalling. The daily chart shows high-level consolidation, with the bullish pattern still intact but losing momentum. On the hourly chart, MACD has turned downward, and RSI has retreated to 52. Currently, it's in a correction phase.
Support levels are at 94,500 as the first line of defense; if broken, look toward 92,400. The resistance above is the previous high at 98,000.
Ethereum is correlated with Bitcoin, so short-term it’s more realistic to approach with a range-bound strategy.
**Trading Ideas**
$BTC:
- **Shorting opportunity**: Enter short between 96,200 and 97,000, with a stop-loss at 97,300. First target is 94,200 to 94,800. If it continues downward, look toward 92,400.
- **Long opportunity**: Do not break below 94,200. Buy within the 94,200 to 94,600 range, with a stop-loss at 93,700. Targets are 96,500 to 97,000.
$ETH:
- **Shorting opportunity**: Enter short between 3,340 and 3,380, with a stop-loss at 3,400. Target 3,280; if it drops further, look toward 3,200.
- **Long opportunity**: Buy between 3,200 and 3,220, with a stop-loss at 3,160. Upward targets are 3,300 to 3,340.
Overall, this phase tests patience and risk management. The main trend leans bearish, but don’t be greedy. Stick strictly to your plan: cut losses when needed, and avoid letting small losses turn into big ones.