#美国贸易赤字状况 【January 9 Morning BTC Analysis】Long position with floating profits
Yesterday, $BTC closed with a long lower shadow candlestick, and the daily chart has entered a three-day downward trend. From the pattern, both the highs and lows are gradually decreasing. Short-term correction support may form around 8.83, after which a rebound could be possible.
The current market outlook remains bearish. The price of 9.15 has been tested multiple times but has not been effectively broken through, providing a good floating profit opportunity for previously positioned short positions.
Trading strategy sharing: In the lower range of 8.8-8.83, consider setting up long positions with 8.65 as a stop-loss. Targets are set at 8.95 and 9.04, with a tentative attempt near 9.15. Shorting on rallies remains a more conservative strategy.
Markets are ever-changing; the above is only for technical reference. Specific operations should be based on your own risk tolerance. For more market insights and trading logic, welcome to follow.
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PoetryOnChain
· 15h ago
It's the same old trick again. If it can't break through 9.15, then you know it has to keep pushing down.
Short positions with floating profits are satisfying, but fear the rebound will hit hard.
Can 8.83 really hold? Feels fake.
Going short on rallies carries significant risk. The market is too bizarre right now.
Look at the chart; is this truly a bear or just a fake-out? We need to see if it can hold in the next move.
The 9.15 hurdle—if it can't break through, it'll be really awkward.
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AirdropHarvester
· 01-09 02:40
Oops, another floating profit on the short position. This time really caught the bottom
Be cautious when shorting on rallies. I wonder if this time can truly break 8.83
9.15 has been stuck for too long, feeling like it will either break out or continue to sink
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MetaverseLandlord
· 01-09 02:39
The 9.15 level really got stuck for a long time. Holding a short position still feels a bit comfortable.
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CoffeeNFTs
· 01-09 02:39
Short positions are satisfying, but I'm worried about being caught off guard by a rebound
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It's 8.83 support again. Every time I mention support, why can't it hold?
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Long lower shadow? It feels like the main force is testing the bottom
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Selling on rallies sounds easy, but in actual operation, I get nervous and hesitate
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The real problem is if 9.15 can't be broken; that resistance level is truly absolute
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Floating profits not realized are just on paper; don't celebrate too early
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Three consecutive days of decline and calling it a correction? That would take until the Year of the Monkey or the Horse
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Why is the defense level at 8.65 so low? The loss potential is quite large
#美国贸易赤字状况 【January 9 Morning BTC Analysis】Long position with floating profits
Yesterday, $BTC closed with a long lower shadow candlestick, and the daily chart has entered a three-day downward trend. From the pattern, both the highs and lows are gradually decreasing. Short-term correction support may form around 8.83, after which a rebound could be possible.
The current market outlook remains bearish. The price of 9.15 has been tested multiple times but has not been effectively broken through, providing a good floating profit opportunity for previously positioned short positions.
Trading strategy sharing: In the lower range of 8.8-8.83, consider setting up long positions with 8.65 as a stop-loss. Targets are set at 8.95 and 9.04, with a tentative attempt near 9.15. Shorting on rallies remains a more conservative strategy.
Markets are ever-changing; the above is only for technical reference. Specific operations should be based on your own risk tolerance. For more market insights and trading logic, welcome to follow.