From the current technical perspective, BTC at the 89,900 position presents a good shorting opportunity. A re-entry point can be reserved around 90,500, with a stop loss set at 91,200. Based on the current candlestick pattern and support levels, the lower target can at least reach the area around 88,000.



ETH also exhibits similar technical characteristics. The current price around 3,037 is also worth paying attention to for shorting opportunities, with a stop loss set at 3,080. In the short term, focus primarily on the key support level near 2,890.

Overall, at this stage, both BTC and ETH show certain downward pressure. The key is to control risk—stop-loss levels must be strictly enforced—so as to protect the account amid volatility.
BTC0,77%
ETH1,29%
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rekt_but_vibingvip
· 12-29 09:50
Still celebrating a short squeeze? The last time I heard this story, the account was down by 40%... Stop-loss? Ha, stop-loss sounds really good. Can it really reach 8.8? I bet five bucks on a rebound. Is ETH's support level reliable? I always feel like it's about to break. Before shorting, ask yourself how much is left in your wallet, haha. Everyone is a technical master, just their accounts are small. Am I going to get trapped again this time? Can't wait. I can't tell if 8.8 or 9.05 is more likely, but I bet it will reverse again this time. Can the stop-loss be executed? We all know the answer.
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MevHuntervip
· 12-29 09:49
Here we go again with the shorting. Will it really work this time? Last time, they said the same and it just took off... Stop-loss is easy to talk about, but when it comes to the actual point, I just can't bring myself to cut. 8.8w? I don't believe you, it still feels like it will continue to rise. ETH is really dull; don't even think about 2890, my friend. Writing the stop-loss in your phone memo is useless; it's just a lack of discipline. This technical analysis is like gossip; it seems everyone’s analysis is different. I’ve noted the re-entry point at 9.05, but I just don’t have the guts. Another downward pressure? I see a bit of an upward trend.
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JustAnotherWalletvip
· 12-29 09:49
Another bear market talk, can 8.8w really reach? I want to see it drop further. --- Stop-loss is easy to talk about but hard to implement. When the mentality collapses, it's easiest to take reckless risks. --- The 9.05 level feels a bit tight; with such large fluctuations, it's easy to get smashed. --- NGL, it would be great if every technical analysis were this accurate, but reality often proves us wrong. --- I remember analyzing ETH at 2890 before; can it really hold this time? --- Bearish mindset is still too strong. Has it not rebounded in a month?
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ser_ngmivip
· 12-29 09:35
Short position, let me see if I can catch the bottom... Make sure to stick to the stop loss, I got wiped out earlier because of greed.
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TokenDustCollectorvip
· 12-29 09:32
Here comes another short-sell bait. How many people can be trapped this time haha With such tight stop-losses, just a slight slip can wipe out the profits... Looking at 88,000, it seems a bit risky; a rebound could directly break through 93,000 ETH at this level still feels like it will oscillate; don't rush to buy the dip The risk control we agreed on turned out to be not cutting losses when losing... This parameter setup seems a bit like gambling
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