Bitcoin's recent rally to around 95800 seems to be clearing out short positions. The key is what happens next—if it really drops sharply, that will present a genuine trading opportunity.
From a technical perspective, the plan can be outlined as follows:
**Main Strategy (Focus on Shorting)** Gradually short in the 95750-95950 range, where resistance is clearly visible. Place stop-loss at 96350. If the price stabilizes above this level and the 4-hour trend reverses, then accept the loss and exit.
Take profits in two stages: first, close part of the position at 95050; the remaining position continues downward toward 94250.
**Alternative Plan** If the price breaks below 95000 (1-hour candle closes), wait for a rebound back to 95000 before shorting again. This approach helps avoid the risk of chasing a move on the right side.
The core logic is: don't bet on it continuing upward; instead, patiently wait for the bulls to exhaust their firepower before counterattacking. Manage your position size carefully and proceed cautiously.
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HashRateHermit
· 7h ago
Wait for the rebound before shorting again, I agree with this logic. Don't be fooled by the false rise to 95,800; after the shakeout, it's time to smash.
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GhostWalletSleuth
· 7h ago
It's the same cleaning logic again. Whether it's true or not depends on whether it can break through later. Once 95,000 is broken through, then we can talk.
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AirdropDreamBreaker
· 7h ago
It's the same old routine of cleaning up again. The key still depends on whether it can really come down, otherwise it's just another start of being trapped...
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metaverse_hermit
· 7h ago
95800 is really testing repeatedly, and I think this wave might just be a trap to lure more. The key will be the magnitude of the drop afterward. If it really falls to around 94, then I will believe it.
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ruggedNotShrugged
· 8h ago
It's the same cleaning logic again, and saying this every time is just right. By the way, can 95800 really be broken down? It seems like the bulls are quite resilient.
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governance_lurker
· 8h ago
This round of liquidation is too fierce, and it feels like the bears are being crushed through. But waiting for the drop is the right time to buy the dip. Don't rush.
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ponzi_poet
· 8h ago
95800 this wave indeed looks like a washout, but I only dare to short when the rebound occurs... It's easy to say but hard to do, everyone can build mental resilience.
Bitcoin's recent rally to around 95800 seems to be clearing out short positions. The key is what happens next—if it really drops sharply, that will present a genuine trading opportunity.
From a technical perspective, the plan can be outlined as follows:
**Main Strategy (Focus on Shorting)**
Gradually short in the 95750-95950 range, where resistance is clearly visible. Place stop-loss at 96350. If the price stabilizes above this level and the 4-hour trend reverses, then accept the loss and exit.
Take profits in two stages: first, close part of the position at 95050; the remaining position continues downward toward 94250.
**Alternative Plan**
If the price breaks below 95000 (1-hour candle closes), wait for a rebound back to 95000 before shorting again. This approach helps avoid the risk of chasing a move on the right side.
The core logic is: don't bet on it continuing upward; instead, patiently wait for the bulls to exhaust their firepower before counterattacking. Manage your position size carefully and proceed cautiously.