Bitcoin's recent trend is quite interesting. The price is hovering around $92,000, with today's increase reaching 1.27%, and it seems many are following the trend to go long. But frankly, from a technical perspective, this rally has already gone a bit too far—multiple indicators are flashing red, and the possibility of a short-term correction is clearly increasing.



What's a bit contradictory is that although the price is pushing upward, the market's true sentiment remains quite cautious. Many participants are on the sidelines, which precisely indicates that market consensus is not yet firm. Meanwhile, large holders continue to buy, but ETF funds are actually flowing out, and this mismatch in signals makes it hard to gauge the short-term rhythm.

From an operational standpoint, if you're used to short-term trading, now is indeed not the best time to chase the high. Instead of forcing it, it's better to wait patiently. If the price adjusts to around $91,700, you might consider small-scale testing, but only if you set a proper stop-loss—this is not optional, it's a must. For long-term holders, gradually adding positions might be a more prudent choice; don't use all your bullets at once.

Everyone should remember one principle: reasonably control your position size, closely monitor US stock movements, because any turbulence in the entire financial market could affect cryptocurrencies. There may be short-term volatility, but from a longer-term perspective, the market's main direction remains upward. The key is not to let short-term fluctuations dictate your mindset—follow your own rhythm.
BTC1,21%
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
  • 4
  • Repost
  • Share
Comment
0/400
WenMoonvip
· 11h ago
That position at 91700 is indeed attractive, but brothers, don't be greedy; you need to keep some ammo in hand.
View OriginalReply0
SellLowExpertvip
· 11h ago
It's the same story again, big players buying ETFs while outflows occur... signals are conflicting, brother. The 92,000 level really doesn't mean much, I'm not chasing it. Waiting for a pullback, just waiting. Stop-loss is the bottom line, there's nothing wrong with that. Gradual accumulation is the way to go; going all-in is just asking for trouble.
View OriginalReply0
SolidityStrugglervip
· 11h ago
92k this wave feels a bit weak, all indicators are red, and I'm really panicking. Those following the trend to go long should wake up; a correction could come at any time. Big players are buying ETFs and running, I really don't understand this signal. Waiting for 91700 to go back up is not too late; don't get caught in a trap. Stop-loss must be set, or you'll lose so much you'll doubt your life.
View OriginalReply0
WhaleMistakervip
· 11h ago
Wait a minute, multiple indicators flashing red and still chasing? Isn't this the standard setup before taking a loss? Haha Or perhaps, the big whales already withdrew at 91,700, while us retail investors are still dreaming at 92k.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)