2026-01-05 19:22:16

The recent market rhythm is quite interesting. Bitcoin is oscillating around the strong resistance level at 94010, essentially locking in a range-bound consolidation pattern. From the candlestick patterns, the appearance of the Evening Star indeed hints at some bearish signals, suggesting a possible short-term correction. But it's not over yet— the moving average system still maintains a bullish alignment, which again indicates that the upward trend force has not dissipated. The conflicting signals create some market ambiguity.

Looking at it from another perspective, since the price is close to a strong resistance level and the technical indicators show signs of reversal, shorting at this position is actually the most trend-following approach. The recent move in the early hours was mainly to short at higher levels, which is a safer strategy.

My advice for Bitcoin (the "big pancake") is as follows: around 93800 is a suitable entry point, with targets in the 92000-91000 range. For the smaller coin ("second pancake"), which has relatively less volatility, enter around 3180, with targets at 3120-3080. Both should wait for clear breakout signals.

BTC-0,56%

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SellTheBounce

· 01-08 13:37

Ha, it's that old story of "Evening Star + Moving Average Bullish" again. Let me tell you, this kind of ambiguous signal is the most dangerous—someone will always get caught here. Sell on the rebound, that's the only rule to survive. --- Short at 94010? Come on, rebounds will still come. History keeps teaching us that bagholders are never absent. --- Wait until it drops to 91000 before talking. Entering a short now is just gambling on luck. I'd rather earn less than get stopped out by a quick reversal. --- The real opportunity is at the bottom, not here. Be patient; Bitcoin will have lower points. --- Moving average bullish alignment? Wake up, that's just a placebo for bagholders. Technical indicators deceive too many people. --- Short at 93800, I haha... How did those who thought this last time turn out? --- To put it simply, sell on the rebound, don't think you can catch the last wave. Human weakness is greed, and the market feeds on it.

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GasWaster

· 01-08 08:17

honestly the gas fees to execute this short are gonna destroy any profit margin lmao

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GateUser-74b10196

· 01-05 19:52

The dusk star pairs with the bullish moving averages, this market really has some cracks. But speaking of which, the 94010 level is really tightly locked, it feels like a forced break is the only way out. --- I agree with the idea of shorting at 93800, but waiting for a breakdown signal is easier said than done. When it actually hits the level, it's easy to get cold feet, haha. --- Entering at 3180 for the second pancake? Feels like waiting for it to drop a bit more would be less risky. --- Friction, friction, what are we grinding for? Just want to see if it will break upward or get crushed downward. --- The bullish alignment of the moving averages is somewhat comforting, at least there's no complete despair of a breakdown. --- Shorting is smooth, but I'm worried about a reverse breakout causing a margin call—who can predict BTC's temper? --- I think the target of 92,000 is too aggressive; setting it around 93,000 might be more realistic. --- High-level short positions in the early morning—wait, did you all get trapped yesterday...

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fren.eth

· 01-05 19:51

94010 has been rubbing for so long, I go completely empty, not believing in evil 93800 is waiting to go short, break below and profit The Evening Star appears, this time it should really drop The moving averages are in a bullish arrangement, which is a bit annoying, but the technical reversal signals are even stronger The orders from early morning are in place, high-level shorts are the way to go The second pancake's fluctuations are too small, no desire to operate Waiting for a break signal, otherwise just arbitrage From 93 to 92, it feels like it's going to move Again, a chaotic market with mixed signals, so annoying Long and short battles, $89 is my fate

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MoonRocketTeam

· 01-05 19:50

94010 this position is really stuck tightly, be careful when the Evening Star appears The moving averages are still in a bullish arrangement but I think this wave of bearish signals is too obvious, we need to follow the rhythm Entering short at 93800 is indeed safe, but I'm just worried about not breaking below 91000... If this trendline resistance is really broken, we need to be prepared to stop loss and replenish Feeling that entering at 3180 for the second pancake is too risky, waiting for a confirmed breakdown signal is more solid Early morning operations favor high-position shorts for better momentum, dopamine should be suppressed first, let the data speak

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MeltdownSurvivalist

· 01-05 19:49

Dusk Star paired with the bullish moving averages, this combination is really awesome, playing with the mentality, huh? --- 94000 stubbornly holding, the bears shouting breakdown here is useless now --- Honestly, this kind of ambiguous market is the most damn annoying --- Again going short at a high level, every time claiming it's safe, but ends up getting liquidated. I don’t believe you --- Waiting for a breakdown signal? Might have to wait until the Year of the Monkey, haha --- Bullish moving average alignment can still look bearish, the logic is really conflicting --- Entering short at 93800 is indeed good, just worried it might not move for another month again --- The target at 3080 for the second coin is dead, a rebound will just slap in the face in minutes

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ApeWithAPlan

· 01-05 19:46

93800 short position, wait for a breakout signal, this wave is stable

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ForkPrince

· 01-05 19:31

Evening Star still insists on a bullish arrangement? This contradictory vibe is truly incredible, the market is playing word games. --- 94010 has been struggling for so long, whether it breaks the level depends on the performance in the early morning. --- Still thinking of shorting with a bullish moving average alignment? I find this logic a bit hard to understand. --- Waiting for a breakdown signal again, when exactly is the top? --- Feels like guessing coin flips, is that the only signal the technicals are giving? --- Entering short at 93800 sounds good, but I’m just worried it might turn into a quick loss. --- The small fluctuation in the second pancake wave is indeed more stable, but the profit potential is also small. --- This wave’s rhythm is indeed blurry, but going short with the trend doesn’t seem wrong. --- How can an Evening Star indicate a correction? Does this pattern work every time? --- This strong resistance area is just bouncing back and forth; if it breaks, let it truly break.

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GlueGuy

· 01-05 19:26

The Evening Star pattern with a bullish alignment makes this move really hard to judge... However, the repeated friction around 94010 still requires caution. Unhappy? Just go short directly and see, as long as there's a stop loss. I agree with entering a short position at the high in the early morning, just worried about a gap. If 93800 can't be broken, it still feels like more volatility is needed, and the second pancake is even more uncertain.

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