Looking at Bitcoin's recent trend, the rhythm has actually been quite steady—gradually approaching the 200MA on the daily chart, with no signs of impatience. The overall market sentiment is also gradually improving, which has been quite evident over the past two weeks.
Some partial profit-taking was done at the recent high in the wave, and then most of the positions were added back during the pullback. The current layout is quite satisfactory.
Next, focus should be on the data from January 13th—this is very likely to become a high point in this phase. Based on the recent weeks' trend, the market has been mostly continuing upward over the weekends. As long as this rhythm isn't broken, there should still be room for further gains.
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StakeOrRegret
· 01-09 22:53
I'm also keeping an eye on 200ma; the momentum is indeed steady.
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GateUser-a606bf0c
· 01-09 21:12
You really need to hold the 200MA level.
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AirdropHuntress
· 01-09 03:52
The 200MA might just be a testing level; the key is whether it can hold on January 13th—if the weekend rhythm is broken, that would be a signal.
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NftBankruptcyClub
· 01-09 03:45
I'm still thinking about the 200MA, I can't hold on anymore.
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MetaEggplant
· 01-09 03:42
I like a steady and solid pace, just worried about a sudden spike to scare people.
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LiquidationWatcher
· 01-09 03:36
The 200MA line is indeed interesting, but the data on the 13th also seems to carry quite a bit of risk.
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FlashLoanLarry
· 01-09 03:23
ngl the jan 13 data point feels like a classic opportunity cost calculation in disguise... if the weekend momentum breaks, that's your mev moment right there. thesis validation pending 👀
Looking at Bitcoin's recent trend, the rhythm has actually been quite steady—gradually approaching the 200MA on the daily chart, with no signs of impatience. The overall market sentiment is also gradually improving, which has been quite evident over the past two weeks.
Some partial profit-taking was done at the recent high in the wave, and then most of the positions were added back during the pullback. The current layout is quite satisfactory.
Next, focus should be on the data from January 13th—this is very likely to become a high point in this phase. Based on the recent weeks' trend, the market has been mostly continuing upward over the weekends. As long as this rhythm isn't broken, there should still be room for further gains.