The recent trading status has been holding up well, and market opportunities always get people excited.
Bitcoin is currently above 88,000, and I am lightly shorting here. Yesterday during the US session, due to Christmas holiday, Bitcoin's performance has been consistently weak from morning until now. In the current market condition—where volatility is narrowing—the direction could break the deadlock at any time. So in the short term, I still maintain this approach: continue to look for short opportunities on rebounds. That's how the market is; just be patient and wait for signals to appear.
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.
6 Likes
Reward
6
7
Repost
Share
Comment
0/400
WenAirdrop
· 11h ago
Taking a small short position is still a safe move; I'm just worried about whether the 88,000 level can hold.
View OriginalReply0
GasFeeTears
· 12h ago
A rebound at the 88,000 level will be a sell-off; I think it's feasible.
View OriginalReply0
NotSatoshi
· 15h ago
We really have to hold this level at 88,000; it would be great if the rebound crashes down.
View OriginalReply0
TerraNeverForget
· 15h ago
It feels like this 88,000 level will be broken sooner or later. What do you think?
View OriginalReply0
HappyMinerUncle
· 15h ago
The position at 88,000 really has a lot of pressure. You're holding a small position to short steadily.
View OriginalReply0
AmateurDAOWatcher
· 15h ago
88000 is really a tricky level—it gets hammered on rebounds and stays dull when it doesn't drop. I'm also waiting for that signal to break out.
View OriginalReply0
GateUser-6bc33122
· 15h ago
88,000 is still under pressure, and you're playing it safely with a light position. I'm just worried that a rebound might directly break through, as this kind of range is most vulnerable to a breakout.
The recent trading status has been holding up well, and market opportunities always get people excited.
Bitcoin is currently above 88,000, and I am lightly shorting here. Yesterday during the US session, due to Christmas holiday, Bitcoin's performance has been consistently weak from morning until now. In the current market condition—where volatility is narrowing—the direction could break the deadlock at any time. So in the short term, I still maintain this approach: continue to look for short opportunities on rebounds. That's how the market is; just be patient and wait for signals to appear.