Bitcoin's recent performance is quite interesting—within the sideways consolidation pattern, both resistance and support levels are clearly defined. I mentioned before that this wave of market movement should first be a correction, followed by an upward push. Today’s opening provided over 2,000 points of space, which is a signal.



Recently, the international situation has been somewhat sensitive, coupled with the Fed's rate cut expectations, and market risk aversion has clearly increased. It’s normal for Bitcoin to continue rising in tandem, but now it’s definitely time to shake out the short-term traders and clear out the floating positions. If you are a long-term investor, patience is required.

The trading strategy is very straightforward:

**Short position setup**: Wait until it reaches the 94,500 level, then decisively open a short position, targeting 88,000. There is still profit potential in this spread.

**Long position defense**: 85,500 is a good entry point, set a stop-loss below 84,600, and aim for 98,800. There is some room for slight adjustments here.

The key is to recognize your own risk tolerance and not be scared out by short-term fluctuations. The technical support and resistance levels are all in place; it’s just a matter of who can maintain their composure.
BTC3,57%
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SchroedingersFrontrunvip
· 5h ago
It's the same old washout theory again. I'm tired of the 88,000 target. Wait, is the 2,000+ point space you mentioned real? Why didn't I see it? Mindset is the hardest thing; it's easy to talk about but exhausting to actually do. Try shorting at 94,500; I’d lose my mind on live if I do. Is there anyone holding the position at 85,500? Feels a bit too low.
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consensus_failurevip
· 16h ago
It's the same logic again, washing the plates to clear floating positions... I've heard it too many times. Wait, short from 94,500 to 88,000? That's quite a difference, but can it really happen? Entering long at 85,500 still depends on what the Federal Reserve says; mindset is indeed the key.
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Lonely_Validatorvip
· 01-12 05:52
94500, try a short, see if it hits 88000, but will this shakeout be too harsh?
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AirdropAnxietyvip
· 01-12 05:45
You really need to keep an eye on the 94500 level, fearing another false breakout to trap retail investors.
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ETHReserveBankvip
· 01-12 05:42
It's the same old story, washouts, resistance levels, support levels, I've been hearing this for a year. The key is whether you can hold on until the end. I just want to ask about the short position at 94500, how many times has it been tested? Long-term is no problem, just worried that the mentality might collapse first when it drops. Last time I heard this idea, I was stuck for three months. Entering at 85500 sounds good, but it depends on whether the market allows it or not. Mentality is easy to talk about but hard to do; we’ve all been taught to be chopped up like leeks. This wave of adjustment feels a bit fierce, it seems like it might break 84600. After studying it carefully once, I still feel like I can't understand it. The recent market really tests people; sideways trading is the most annoying.
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TheMemefathervip
· 01-12 05:40
94500, a quick move up? Bro, are you trying to cut my leeks again?
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LeekCuttervip
· 01-12 05:31
Try shorting 94500 once; anyway, the floating positions will eventually be cleared.
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