Yesterday, I observed the IP trend and could basically determine the direction of this wave of the market — the bears haven't withdrawn yet, and the fight will continue.



The current situation is very clear: prices are consolidating sideways, and short positions above are being swept away frequently. Every rebound is met with new selling pressure, and this rhythm has repeated several times.

The key in the next few days depends on whether Bitcoin can produce a truly breakout candlestick. As long as Bitcoin confirms a downward move, IP will follow with a decline, returning to a reasonable price level.

Honestly, the volatility and rhythm of this market are not something everyone can withstand. To short effectively, you need to be early enough and maintain a steady mindset; otherwise, a few rebounds in the middle could force you to cut losses and admit defeat. This trade truly tests people, with risks and rewards both at their maximum.
IP-4.61%
BTC-3.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
DataOnlookervip
· 01-15 15:22
Oh no, it's the same old trick again. The bears just won't leave. Waiting for that Bitcoin needle, it's another slaughter fest. There aren't many people with a steady mindset; I find it exhausting to watch.
View OriginalReply0
BagHolderTillRetirevip
· 01-14 21:11
It's another cycle of order cancellations, it's really frustrating to watch. Whoever is in charge of this rhythm is bound to break down.
View OriginalReply0
airdrop_huntressvip
· 01-13 09:02
Those who cut losses are the impatient ones. I think this wave is just a shakeout; it's fine to continue to be bearish. If BTC doesn't break the level, I'll keep lying flat; I've already positioned myself long ago. I can still hold the short position, waiting for that true breakout candlestick. This rhythm is really torturous, but staying calm is half the victory. After such a long consolidation, a direction will eventually be chosen. Betting on BTC to go down is the plan. Sell on rebounds; as long as the rhythm is right, it doesn't matter. Who can endure better, the heart or the patience?
View OriginalReply0
ApyWhisperervip
· 01-13 09:01
Again clearing short positions, really annoying, how long will this repetitive cycle last? Waiting for BTC to give a clear signal, right now it's just a gamble with my mindset. Early deployment is easier to handle, but I jumped in halfway, and every rebound I want to dump. Honestly, it's testing who can endure more; this game is too exhausting. Sideways consolidation is just wearing down human nature, no wonder so many people are cutting losses.
View OriginalReply0
DefiOldTrickstervip
· 01-13 09:00
Ha, another mental test. I've already relaxed here. Those who cut losses and admit defeat haven't experienced an 18-year bear market. I managed to get through it with an arbitrage portfolio's annualized return. These fluctuations are nothing.
View OriginalReply0
SneakyFlashloanvip
· 01-13 08:58
Another round of fluctuations, really tests the mentality --- After such a long consolidation, it feels like the momentum hasn't fully released --- Waiting for that BTC candlestick, only then can the IP be definitively characterized --- I've been bearish for a long time, it's just that this rebound is a bit annoying --- Not everyone can withstand this, that's for sure --- Those with unstable mindsets have already cut losses, I've seen it myself --- With such fierce selling pressure, the bears still have some ammunition left --- Multiple rebounds failed to break higher, what does that indicate? --- Just waiting for BTC to confirm the downward move --- Risk and reward are both maximized, this is a gambler's game --- Bitcoin is the key, everything else is just following the trend --- Those who positioned early on the bearish side will survive until the end --- This rhythmic cycle is really exhausting --- Once the downward move is confirmed, the IP can go to where it should
View OriginalReply0
MonkeySeeMonkeyDovip
· 01-13 08:51
This sideways consolidation really depends on Bitcoin's direction; otherwise, how can it go down? --- Are you sweeping the short positions again? I'm tired of this back-and-forth rhythm. How strong must your mentality be to survive? --- I've been bearish and laid out my position for a while. Let's see if a single K-line can break through later. --- Maximize risk and reward—it's easy to say, but you'll feel the pain when you cut your losses. --- Following Bitcoin with your IP, isn't that obvious? The key is for Bitcoin to give a clear signal. --- Every rebound brings new selling pressure? I think this is just repeatedly harvesting the leeks. --- This market trend can test people. I also want to test the limits of my mental resilience.
View OriginalReply0
DeepRabbitHolevip
· 01-13 08:50
Been sideways for so long, I'm already numb, just waiting for that real bearish candle on BTC. Got swept again, this rhythm is really incredible. Those with unstable mindsets probably already cut losses, but I'm still holding on. If I hadn't been bearish and planning early, I would have already hit the floor in this wave.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)