The current market trend is indeed a bit frustrating, with sideways fluctuations repeatedly testing investors' patience. From the overall rhythm, the momentum is indeed weak, and the volatility in gains and losses is not ideal, but the bearish energy accumulation has never stopped.



The recent trading strategy is to short on rebounds. Last night, the market experienced a slight rebound and correction, providing an opportunity to short, so enter the market promptly. Establish short positions around 88,000 for BTC and around 2,950 for ETH, both currently in holding stages. Traders who keep up with the rhythm can continue to look for short opportunities.

From a technical perspective, the market is clearly under pressure and declining, with bearish forces gradually releasing. On the four-hour chart, the downtrend with consecutive bearish candles is evident, with strong bearish K-lines breaking through the middle band support and continuously probing downward, creating a very aggressive overall pattern. The hourly chart shows persistent high-pressure from the upper Bollinger Band, with the K-line now testing the lower band support, and the space continuing to open up.

The MACD indicator shows a clear death cross downward, with ongoing bearish divergence strengthening, indicating a strong continuation of the downward trend. The subsequent strategy is to follow the trend and continue to look for short opportunities.

Trading plan:
#美联储回购协议计划 Short around 87,500, targeting 86,000
$BTC Short around 2,930, targeting 2,850

Under the background of the Federal Reserve's repurchase agreement plan, market risk sentiment remains fragile, and in the short term, bearish dominance continues to be the main logic.
BTC1.49%
ETH0.69%
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Blockchainiacvip
· 3h ago
Consolidation is really incredible, just wandering around all day, making people annoyed. The bears should take action now, they've been holding back for so long and finally have a chance. Entering a short position at 88k feels right, betting on it. The Federal Reserve's move has indeed suppressed the market sentiment, short-term bearishness is no problem. Once again, the technical setup is perfect, now just see if it can break 86k. This round of rebound is just a head-hunting opportunity, I followed. The buddy who went long at 2930 should exit now, the trend is gone. The bears' momentum has indeed accumulated, let's keep watching the show.
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SilentAlphavip
· 3h ago
Consolidation is exhausting; still, you have to short according to the trend. Here we go again, trying to catch the bottom. I don't understand this wave of market movement. Shorts follow the trend and sell off, see you at 86,000. Buying the dip at 88,000, then getting caught on the rebound. With such a clear MACD death cross, who still dares to catch the bottom? Short-term is fragile; continuing to look bearish is not wrong.
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ShibaSunglassesvip
· 3h ago
Alright, it's the same old story of shorting during rebounds. It really wears me out to keep grinding, but the technical indicators are indeed a bit fierce. I'm also watching the short position of 87,500 BTC, just not daring to be too greedy. The MACD death cross is already like this; if it breaks below 86,000, there's probably no escape. Keep shorting, everyone. After such a long period of consolidation, there should be a conclusion soon. The bearish trend should last for these two days. The Fed's recent actions have really made the market fragile. It's better to be cautious in the short term. Damn, I was tortured all night again. The bearish signals are so clear, why is there still a rebound? Truly incredible.
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MEVSandwichVictimvip
· 3h ago
Sideways consolidation is really intense, getting shaken back and forth every day, almost breaking my mentality. Entered a short at 88,000, just waiting for it to break below 86,000. I've heard the Bollinger Band top talk too many times, anyway, if you believe it, you'll make money; if you don't, you'll go bankrupt. This wave of ETH feels hopeless, maybe it will backfire and hit me in the face. The Federal Reserve's repurchase operations are causing trouble again; in the short term, it doesn't look promising.
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OptionWhisperervip
· 3h ago
Same old rhetoric again, bearish bearish. If it were really going to fall, it would have dropped long ago. Why still hesitating now? People who can short even during a rebound are really brave. I don’t believe this wave can break 86k. Once the Federal Reserve’s repurchase operation is out, retail investors need to be even more cautious. Entering a short at 87500? I think it’s risky; the rebound could smash your face at any time. MACD death cross, death cross. Honestly, this indicator is worn out. Could it be just a trap to lure in shorts? Shorting ETH at 2930 is indeed tempting, but it feels a bit greedy. In this kind of market, you should only act after a confirmed break. Entering now is just gambling. If it’s just sideways, then so be it. If you insist on looking for a short, the market just likes to go against expectations. Once the Federal Reserve messes around, short-term risk sentiment will definitely be suppressed, but don’t be scared into panic selling. Are bears in the lead? I feel like it’s just a setup for something.
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GigaBrainAnonvip
· 3h ago
Consolidation can be really frustrating, but I think the recent bearish signals might be overestimated. Anyway, continue to observe. Wait, is the 88,000 short position now profitable or at a loss? Feels like the rhythm is a bit chaotic. Honestly, after the Federal Reserve's plan was announced, it's hard to judge anything. Better not to rush into heavy positions. I have some reservations about the continuous downtrend saying, the support levels at the bottom are not as fragile as imagined. Shorting is okay, but don't forget about risk management, brother. I saw the MACD death cross, but this indicator can be misleading too. Don't rely too much on technical analysis. Short ETH at 2930? Feels a bit aggressive. There might still be people bottom-fishing at this price. A bearish dominance is one thing, but the market can reverse very quickly. Caution is never wrong.
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