2026-01-15 06:26:24

BTC has reached 98,000. There are only two paths ahead—confidently continue to chase higher and add positions, betting that the bull market isn't over; or, look at the chart signals to decide whether to open a short position today or whether to reduce some holdings in spot trading.

Honestly, this level is already a bit risky. The era of blindly piling into longs should be over; it's time to switch to a defensive mode and organize your positions. Many times, losses come from greed—initial profits were decent, but a pullback wiped them all out.

There's a very useful saying I want to share with everyone—

**"Profit is just a perspective; only cash in hand is real."**

Looking at the current market with this mindset makes things much clearer. Even if paper gains look great, they don't count until realized; what's important is when to cash out and when to protect your principal. Whether BTC can continue to hit new highs is one thing, but safeguarding existing gains should always be the top priority.

BTC-0,92%

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quietly_staking

· 9h ago

98k has really hit the ceiling, right? I'm now thinking about whether to reduce my position and take some profits. To be honest, greed is too easy to cause you to give back the money you've earned. The numbers on the account look good, but they're all virtual. The key is knowing when to cash out, or else a pullback could wipe everything out.

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RektRecorder

· 9h ago

98k this position really requires calmness. Someone around me has already been wiped out due to greed; unrealized profits are just illusions. --- The saying "lock in gains" is spot on. Not realizing profits means no gains at all. This time, I am seriously going to hold onto a portion. --- That's why many people earn ten times but still end up losing in the end—they can't get past their psychological barriers. --- Defensive mode is really difficult, but it's definitely much better than getting wiped out chasing high. --- I see a bunch of people on the forum still calling for adding to their positions, and I just smile. --- Knowing when to run is a hundred times harder than knowing when to enter.

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TokenVelocity

· 9h ago

Greedy at the 98,000 level will get you killed; I already know someone who got trapped. --- That's right, the numbers on the books are just illusions; real gold and silver are what count. --- It’s always like this—rising happily, losing even faster. You still need to keep some capital to continue playing. --- Defense mode is the key to lasting the longest; the greed approach is outdated. --- I've heard "take profits and secure gains" countless times, but I just can't follow through. I always think I can push a bit more. --- Now, everyone chasing gains has a gambler's mentality. The chart is right there—if you need to reduce your position, do it. --- I prefer to realize profits and hit new highs; I’ve given up on the latter. --- Protecting principal > chasing highs. Simple and effective. --- Whoever mindlessly throws more into this round deserves to be taught a lesson.

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RuntimeError

· 10h ago

Oh my, 98k, you really need to stay calm at this position. Not everyone can get the last bite of the meat. To put it simply, you need to learn to take profits, or else you're just working for the exchange. A couple of days ago, I saw an older brother go from earning 300,000 to losing 50,000. That feeling must be so painful.

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