Early trading session Bitcoin experienced a surge in volume and price increase, which provides us with an opportunity to reassess the current 4-hour structural changes. As for how the market will move next, let's review our recent core judgments.
Why have we been bearish recently? It's not complicated. Bitcoin has been held below the first resistance level, mainly oscillating and consolidating there. In this environment, our approach is clear — continue to wait for a new decline. Of course, this decline must meet one condition: the previous low must be effectively broken. Why are we so persistent? Multiple timeframes are maintaining a bearish structure, and we have emphasized this logic many times.
Therefore, during that period, our trading strategy was to short below resistance. Our defensive position was uniformly set above 91,000, which is the key point for the main force. Looking at subsequent movements, many of the short positions entered at high levels could generally cover risk and still generate profits.
But the key moment of real change in perspective arrived. Last Friday, we mentioned this detail — this upward move is testing the critical resistance zone again. If the price can truly break through 90,000 and stabilize above it, the first resistance level has a real chance of being effectively broken. Once this resistance is broken, the nature of the entire market will change, and the probability of a continued upward rebound will significantly increase.
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LiquidityOracle
· 01-08 05:13
Oops, we really played it wrong this time. The previous short-selling strategy needs to be revised.
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bridgeOops
· 01-07 17:19
Breaking through the 90,000 mark is the only thing that counts; otherwise, it's all just a false alarm.
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SandwichDetector
· 01-05 07:55
The 90,000 mark is so crucial, but it still feels like it's going back and forth.
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BridgeTrustFund
· 01-05 07:50
The 90,000 level is about to be broken again; short positions are probably going to get cut.
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MentalWealthHarvester
· 01-05 07:43
It's really crucial to hold the 90,000 level, or else we'll have to change our tune.
Early trading session Bitcoin experienced a surge in volume and price increase, which provides us with an opportunity to reassess the current 4-hour structural changes. As for how the market will move next, let's review our recent core judgments.
Why have we been bearish recently? It's not complicated. Bitcoin has been held below the first resistance level, mainly oscillating and consolidating there. In this environment, our approach is clear — continue to wait for a new decline. Of course, this decline must meet one condition: the previous low must be effectively broken. Why are we so persistent? Multiple timeframes are maintaining a bearish structure, and we have emphasized this logic many times.
Therefore, during that period, our trading strategy was to short below resistance. Our defensive position was uniformly set above 91,000, which is the key point for the main force. Looking at subsequent movements, many of the short positions entered at high levels could generally cover risk and still generate profits.
But the key moment of real change in perspective arrived. Last Friday, we mentioned this detail — this upward move is testing the critical resistance zone again. If the price can truly break through 90,000 and stabilize above it, the first resistance level has a real chance of being effectively broken. Once this resistance is broken, the nature of the entire market will change, and the probability of a continued upward rebound will significantly increase.