Christmas holiday comes to an end, Black Friday sales wave hits, but the market trend is actually not complicated. Planning entry points in advance and executing precisely will naturally lead to profits—Bitcoin has been declining from 88,400 and has already secured a profit of 1,300 points.
From a technical perspective, Bitcoin is currently still in a clear bearish continuation phase. Even if there is a rebound in the short term, it is mainly a trap for short-term recovery rather than a genuine trend reversal signal. As long as the price cannot stabilize above the key resistance level, any rebound is an opportunity to continue shorting.
Specifically: Bitcoin can be gradually shorted in the 89,300-89,800 range, with targets at 86,500, 85,500, and even 84,000. For Ethereum, short positions can be taken in the 2,990-3,020 range, with downside targets at 2,900, 2,850, and further down to 2,730. The market rhythm may seem complex, but as long as you grasp the trend direction and execute effectively, profits are not far away.
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.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
BridgeTrustFund
· 8h ago
A profit of 1300 points is a good move, but to be honest, I'm tired of the repeated narrative that the rebound is just a trap to lure more buyers.
I believe in the continuation of the bear trend, but dare to directly short at 89,800? That's quite bold.
Once again, precise execution and strong execution capability—feels like I've heard this phrase a thousand times this year.
Can 84,000 really be reached? It seems a bit uncertain; the market is unpredictable.
When the market drops, they boast about execution ability. But if it rises back up? What will be the excuse then?
View OriginalReply0
NftDeepBreather
· 8h ago
Is a 1300-point profit this satisfying? Why am I still repeatedly getting hit at 89500?
Just smash through the rebound; this time, it's really not a trap, right? I'm a bit scared.
Shorting at 88400 is definitely absolute, but if it rebounds back this wave, I'll lose a lot, can't afford to gamble.
I'm tired of the trap recovery; when will there be a real reversal? Please give an exact timeline.
Although the target of 86500 sounds good, I don't believe it can drop so smoothly; the market isn't that simple.
View OriginalReply0
BlockchainBrokenPromise
· 8h ago
1300 points so easily? Why do I feel like my reaction speed is too slow, I didn't even catch it
Rebounds are all traps, everyone. I've heard this too many times... and what happened?
Shorting to 84,000? Bro, your target is really bold. When the time comes, you'll have to explain why you didn't set a stop loss
The term "trap recovery" has now become a universal key; it can be applied to any situation
I just want to know, those who say "grasp the trend and execute with discipline," why are so many people getting liquidated?
Post a screenshot of 2,000 points profit, let me see
View OriginalReply0
BlockImposter
· 8h ago
Alright, alright, it's another story of a short-term continuation. A profit of 1300 points sounds pretty good, but how many actually keep up with the rhythm?
A rebound is just a trap, this kind of saying sounds a bit too absolute. How can the market be so predictable?
But I do have to admit, from 88400 all the way down, the technical indicators do look quite weak. Just go with the flow.
The 89300 level sounds reliable. Should we wait and see if it can break the previous low?
View OriginalReply0
ZkProofPudding
· 8h ago
Making a 1300-point profit sounds easy, but the actual operation is really difficult.
Fake bullish signals are just waiting for us to get in, wake up.
This round of market is indeed a bear market, don't be greedy even during rebounds.
Whether 89300 breaks or not is the key, feels like it still needs to fall.
The Ethereum target of 2730 is a bit aggressive, we'll see when the time comes.
View OriginalReply0
CounterIndicator
· 8h ago
A 1300-point profit is indeed comfortable, but don't be soft on this wave of false rebounds.
I'm also watching the 89300 level, just worried that the reverse indicator might flip again haha.
Is the bearish trend so clear? Feels a bit too perfect, watch out for ambushes.
84000? If it really drops there, I'll just go all-in on dirt.
Rebound and then crash, is it that simple... I always feel something's off.
Ethereum at 2730 feels a bit fierce, do you dare to go all-in?
If execution is on point, can you make money? Then why am I still losing?
This trend direction is indeed clear, but the clearest times are often the easiest to reverse.
Christmas holiday comes to an end, Black Friday sales wave hits, but the market trend is actually not complicated. Planning entry points in advance and executing precisely will naturally lead to profits—Bitcoin has been declining from 88,400 and has already secured a profit of 1,300 points.
From a technical perspective, Bitcoin is currently still in a clear bearish continuation phase. Even if there is a rebound in the short term, it is mainly a trap for short-term recovery rather than a genuine trend reversal signal. As long as the price cannot stabilize above the key resistance level, any rebound is an opportunity to continue shorting.
Specifically: Bitcoin can be gradually shorted in the 89,300-89,800 range, with targets at 86,500, 85,500, and even 84,000. For Ethereum, short positions can be taken in the 2,990-3,020 range, with downside targets at 2,900, 2,850, and further down to 2,730. The market rhythm may seem complex, but as long as you grasp the trend direction and execute effectively, profits are not far away.