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#Strategy加仓BTC Bitcoin Weekly Trend Observation and Trading Strategy
Last Monday, Bitcoin suddenly surged. Honestly, I was a bit caught off guard at that moment. But after stopping out, I quickly adjusted my mindset and re-entered the market. The biggest taboo in trading contracts is stubbornly holding on; you need to learn to read the market sentiment and follow the rhythm. The subsequent high shorting strategy was indeed validated by the market, demonstrating the power of trend-following.
What’s the current situation? The expectation of a rate cut in January is getting closer, and combined with changes in market sentiment, I think it’s unlikely to see a large-scale upward trend in the short term. Instead, a deeper correction is more probable.
From a technical perspective, $BTC faces obvious resistance at 98,000. Breaking through this level in the short term is indeed difficult. More importantly, if the support at 94,300 is broken, the market is likely to continue exploring down towards 91,800. My current bearish outlook remains unchanged; the market logic is still there, so I continue to be bearish.
In summary, seize this downward opportunity, manage risk well, and let’s make a full profit to start the year!
$BTC $ETH