2026-01-04 17:22:55

From a technical perspective, although the bulls have indeed been exerting effort recently, each rally is accompanied by a noticeable long upper shadow. This signal is quite interesting—it indicates that the market is generally still bearish about the future outlook. As soon as the price pushes upward, sell orders come in and push it down, repeatedly confirming this pattern.

If this rhythm continues, once the bullish momentum exhausts, the decline could be quite fierce. At that point, it might accelerate downward.

My own strategy is very clear—only short positions for now, and I am not considering long opportunities. The specific approach will be reassessed in June.

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LightningSentry

· 01-07 07:58

The long upper shadow really played out well this time, each time tricking the bulls into buying in. --- The situation where the bears sit back and win is how I see it too. --- The more aggressively the sell orders hit, the more hopeless the bulls become, just waiting for that moment. --- Reevaluating this timing in June, I got it, staying cautious. --- The bulls effort to push up are crushed, tired of this repetitive routine. --- Honestly, when long upper shadows appear densely, the downward push can be very fierce, everyone who has seen it knows. --- Only shorting and waiting for the flying knives, this logic is sound. --- Whenever the price surges, it gets suppressed, clearly the market maker is absorbing orders to short.

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LiquidatorFlash

· 01-06 22:18

Long upper shadow repeatedly appears... I've seen this trick too many times, and every time it's used to liquidate a batch of leveraged traders.

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faded_wojak.eth

· 01-04 17:44

The long upper shadow is just the market screaming Sell once, smash once, torment repeatedly, going short is the right move See you in June

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ProofOfNothing

· 01-04 17:37

The long upper shadow... it's always the selling pressure crushing down, so annoying. Shorts are indeed safer, but is this rebound really that fake? Wait until June to see, a smart choice. With such strong selling pressure, the bottom should still be below. The bulls pushing up like this and then getting knocked down, really have no strength left. I also lean towards the bears, but I feel like I need to observe a bit more. This rhythm does look dangerous, but don't be too absolute. Repeated confirmation of selling pressure... honestly, it's a bit heartbreaking.

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