Bitcoin is now adjusting from a high level, and the market is undergoing a wave of correction. My suggestion is not to rush into action, but to observe the price trend and wait until there are clear bottom reversal signals or signs of stabilization before considering any trades.
For aggressive traders: If the price breaks downward and falls below the support at 90634.1, you can try a small short position, targeting 88809.0. But remember to set a stop loss at 91392.9 to prevent risks from getting out of control.
For those who prefer a more cautious approach: Consider continuously observing around 90634.1. Once you see the price stabilize and a clear signal such as a volume-increasing bullish candle appears, then enter a small long position. This way, you can avoid getting trapped and also not miss the rebound opportunity. The key is not to be greedy and to operate with discipline.
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RugResistant
· 01-09 20:21
yo hold up, those support levels look way too clean... like, did anyone actually verify this data or we just copypasting levels from some random exchange? ngl the whole "clear reversal signal" thing sets off alarm bells for me - that's exactly the language used before rugpulls tbh
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GasFeeNightmare
· 01-09 13:18
Wait, do I have to wait for the bottom signal again? I got caught in this last time I heard about it, and I'm still at a loss...
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GasWrangler
· 01-08 04:27
honestly, if you're actually analyzing the mempool data here, those support levels are demonstrably sub-optimal for entry timing. the 90634.1 figure lacks any rigorous transaction throughput analysis backing it up, ngl
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EyeOfTheTokenStorm
· 01-07 23:53
It's the same old story... The data is indeed there, but I'm more concerned about whether it will plummet straight down after breaking the 90634 key point. The possibility of history repeating itself is quite high.
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0xTherapist
· 01-07 23:41
Waiting for the bottom signal again? I think 99% of people have already jumped in without that signal, haha.
Wait, breaking below to short with a target of 88809? Feels like that's too greedy.
Just want to ask, can we really see this stabilization clearly, or is it all just gut feeling?
Actually, the key is discipline. Most people get wiped out by greed.
Can 90634 really hold? Last time, it didn't hold at this level either.
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DYORMaster
· 01-07 23:35
If this support at 90634 breaks, I'll go short directly. If it rebounds and hits me in the face, I'll just consider it as paying tuition fees.
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Fren_Not_Food
· 01-07 23:26
Waiting for the bottom signal, I've heard this a hundred times... The reality is that it's not so easy to wait for the bottom.
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SilentObserver
· 01-07 23:25
Absolutely, this time we really need to stay calm and observe carefully, no rushing.
Bitcoin is now adjusting from a high level, and the market is undergoing a wave of correction. My suggestion is not to rush into action, but to observe the price trend and wait until there are clear bottom reversal signals or signs of stabilization before considering any trades.
For aggressive traders: If the price breaks downward and falls below the support at 90634.1, you can try a small short position, targeting 88809.0. But remember to set a stop loss at 91392.9 to prevent risks from getting out of control.
For those who prefer a more cautious approach: Consider continuously observing around 90634.1. Once you see the price stabilize and a clear signal such as a volume-increasing bullish candle appears, then enter a small long position. This way, you can avoid getting trapped and also not miss the rebound opportunity. The key is not to be greedy and to operate with discipline.