Bitcoin daily chart has already recovered from the previous sharp decline. It is now slowly repairing with a series of small bullish candles, but overall it is still oscillating at high levels. Looking at the 1-hour MACD, both DIF and DEA are still hovering below the zero line, and the green histogram is shrinking, indicating that the bearish momentum is gradually weakening. There are indeed signs of a short-term rebound, but the problem is— the rebound volume cannot keep up and cannot push the price higher.
Tonight's strategy is to seize the high points of the rebound to short. But be cautious, as the rebound may fizzle out midway.
Operational idea: Short in the 96400–95400 range, with the first target at 94400, then look at 93400 and 92400.
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PessimisticLayer
· 5h ago
If the trading volume can't keep up, don't force it. This rebound feels very hollow. Wait until it drops again.
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MevSandwich
· 5h ago
Lack of volume, this rebound looks weak. I also want to buy at 96400, but I'm afraid of another repeat.
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ContractFreelancer
· 5h ago
Insufficient volume, this rebound is pretty weak, still need to wait for a high point before taking action.
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DegenRecoveryGroup
· 5h ago
The trading volume can't pick up, and this rebound is just a false alarm. Shorting at high levels is the right way.
#Strategy加仓BTC January 18 Evening Market Review
Bitcoin daily chart has already recovered from the previous sharp decline. It is now slowly repairing with a series of small bullish candles, but overall it is still oscillating at high levels. Looking at the 1-hour MACD, both DIF and DEA are still hovering below the zero line, and the green histogram is shrinking, indicating that the bearish momentum is gradually weakening. There are indeed signs of a short-term rebound, but the problem is— the rebound volume cannot keep up and cannot push the price higher.
Tonight's strategy is to seize the high points of the rebound to short. But be cautious, as the rebound may fizzle out midway.
Operational idea: Short in the 96400–95400 range, with the first target at 94400, then look at 93400 and 92400.
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