2026-01-15 04:21:41

The market conditions over the past month have indeed given us some opportunities. Bitcoin rebounded twice from the bottom, with the first wave rising from 88,000 to 94,000, and the second from 91,000 to 97,000, each time earning about 6%. After adding to our position yesterday at the second entry point, the price has already touched 98,000 at its highest, basically reaching the minimum target range of 98,000-103,000 we set at the beginning of the month.

Being able to seize two long opportunities within a month in a bear market environment is quite rare. But precisely because of that, we need to stay calm and think clearly about the next steps. Greed can easily wipe out this month's profits.

From a technical perspective, Bitcoin's daily chart shows signs of overbought signals. In a bull market, this isn't a big deal; divergence and overbought conditions can still continue to rise. But in a bear market, it's different. When such signals appear, we need to pay special attention.

The current obvious question is: should we take profits at this level? Some community members are already pushing for the exit of this long position. As for the future trend and when to set up short positions, let's analyze it together.

BTC-0,04%

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blocksnark

· 10h ago

Wow, 98,000 already. This wave was indeed well caught. But I think we should be more cautious now; greed in a bear market is really asking for trouble. Take profits or hold? That's a question that really needs careful consideration; don't rely on gut feeling. Overbought signals have appeared, and the technical indicators look a bit shaky. Really, this is the easiest time to lose everything again; I've seen too many cases like this. A 6% return is already good; in a bear market, you should be satisfied. What can I say, if there's profit, take it off the table; don't think about soaring to the sky. Let's wait for a pullback; entering now is too risky.

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ChainSauceMaster

· 10h ago

98000 this level is really a bit hot to handle, I've seen many greedy endings --- Overbought signals are correct, bear markets and bull markets are two different things --- Made quite a bit this month, what's wrong with taking profits when things look good --- Waiting to see how it develops, shorting opportunities should come soon --- 6% profit doesn't seem like much, but few can double it by the end of the month --- Worried about a sudden dump, then 98000 would become a paradise --- To take profits or to add positions, this is the real dilemma --- Someone in the community has exited, and I am also considering --- Technical signals can be deceptive, but continuous overbought usually doesn't end well --- This position tests your mentality the most, those who say they aren't greedy end up being greedy

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ServantOfSatoshi

· 10h ago

98,000 has been reached, this wave is indeed powerful, but the overbought signal really can't be ignored. --- I understand greed too well; every time I end up losing like this. --- In a bear market, being able to eat two more waves in a row shows this guy's skills are pretty good. --- Should I take profits or keep going? I think the hardest part at this point is to do nothing. --- When to establish short positions is the key; don't buy at high prices later. --- The target at the beginning of the month was 98-103, now stuck around 98, it feels like a choice has to be made. --- Overbought on the technical side can easily reverse in a bear market, so caution is needed. --- Two 6% gains are already quite good; don't let it all slip away at the end.

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ApeDegen

· 10h ago

Still want to continue after reaching 98,000? Greed really can kill you. --- Capturing two waves in the bear market was really the peak, but this position is indeed a bit risky. --- I'm scared, so I directly cut my position in half. --- The overbought signals have already appeared, and you're still not running? Be smarter. --- The goals set at the beginning of the month have been achieved, so what more do you want? --- Waiting for a shorting opportunity, just hold on for now. --- Don't be greedy this time; last month’s profits were all lost in October. --- 98,000 is a good exit point, really. --- When the technical signals give a warning, you should listen. Don't fight the market.

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PanicSeller69

· 10h ago

Really, this wave of the market does feel a bit like a once-in-a-lifetime opportunity, but just thinking about the tricks in a bear market still makes me sweat. 98k is right in front of me, but I still feel like maybe it's a bit early to exit. Can really not be touched at 03k? Overbought is overbought, after all, how many times have we been overbought before without any issues? Why should I be afraid of it now? But on the other hand, greed can indeed wipe out a whole month's earnings. This law is so true. Wait, is everyone in the community withdrawing? I haven't seen any news. When did this start? Honestly, I wouldn't be surprised if this wave really drops back down. That's just how a bear market is.

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