BTC has surged again this wave, but the short orders haven't had a chance to be filled yet. However, the momentum remains very strong, and on smaller timeframes, we might see another peak. The current price level has become less attractive, so it's still advisable to patiently wait for that high point to appear before entering a short position.



From a technical perspective, the 94,000-95,000 range is expected to be a good area for short entry. You might consider placing an order around 94,500, which coincides with a recent high point and has strong historical resistance. Once touched, it could easily trigger a significant sell-off, likely leading to a noticeable pullback. Moreover, such strong resistance levels are usually not easily broken, making reversals less common.

In simple terms, the next round of rapid upward acceleration is basically a trap to lure traders into long positions. After reaching another high, it's time to go short. The upcoming correction should be quite strong, so patience is key.
BTC-1,54%
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GasGasGasBrovip
· 6h ago
Wait, can this resistance level at 94,500 really hold? I think there are too many people chasing the high now, and it might just surge past in one go.
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MoonRocketmanvip
· 7h ago
The 94,500 gravity resistance level has already been marked on the Bollinger Bands channel. I'm just waiting for the launch window to open after this wave of fuel refueling is completed. Once the RSI drops back into the overbought area, it will be my escape velocity calculation point.
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BlockchainTherapistvip
· 01-05 07:44
The 94,500 resistance level has indeed been tested several times, but I still feel that this time might be different...
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HallucinationGrowervip
· 01-05 07:39
I'm also watching the 9.45 level, just afraid it might be a false alarm again. It's the most uncomfortable when this key resistance level is broken or not.
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HodlVeteranvip
· 01-05 07:22
It's the same story again, short position at 94,500, right? Let me tell you, I was trapped by the "historical resistance level" at 92,000 back then, and what happened? It broke through and surged past 100,000... Now every time I see this range, I think of that huge loss. Don't ask why, just consider it a lesson learned.
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