The recent market movement is indeed quite interesting. Bitcoin finally broke out of the previous consolidation pattern and seems to have the chance to test the psychological level of 95,000. However, looking at the larger monthly chart, the bottom formed by the three consecutive declines is still more of a technical correction in this rebound. I don't see it as a reversal signal for now; it's safer to treat it as a rebound.



I have tried some short positions on BCH myself, but with a very light position. The current price level is not far from the previous high of 720. If the market continues to push upward, I might add a small amount, but once it really breaks 720, I will stop. The position at this level has a strong game-theoretic aspect. Friends holding short positions should keep their positions light and avoid being driven by short-term volatility.

I am still holding my short position on ZEC. Although Bitcoin is rebounding, ZEC may not effectively break through the previous high of 555. My feeling is that this could be the upper limit of the weekly rebound. For those expecting ZEC to surge to 1000, I suggest observing the trend more carefully before making a judgment—don't rush to follow the trend.

Market movements often unfold through repeated fluctuations. The key is to grasp the rhythm and strictly control your positions. Don't try to predict the top or gamble on the bottom. Follow the price structure, cut losses immediately if wrong, and let profits run a bit longer if right. Stay clear-headed, observe carefully, and adjust accordingly.
BTC0,06%
BCH-1,24%
ZEC-9,72%
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DecentralizedEldervip
· 01-07 07:42
Small positions are the key to success; don't be blinded by the rebound. If I can't get past the 720 hurdle, I'll liquidate my holdings.
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LiquidatedDreamsvip
· 01-06 10:08
I stand by the saying "Don't bet the bottom," too many people fall for it.
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RumbleValidatorvip
· 01-05 08:57
Regarding the monthly chart framework, I have to be honest. The 95,000 level is not really a psychological barrier; data structure is what matters. If the efficiency of the bottom validation after three consecutive declines hasn't significantly improved, then a rebound is just a rebound—don't overthink it. My view on BCH is different. Only a break below 720 is a true signal. Currently holding a small position is actually betting on cognitive bias; I prefer not to participate. You are right about ZEC. The 555 level is indeed tightly capped, but the key is whether a consensus on the node has formed—that's the core factor in judging the validity of a breakout. The 1000 level comment should indeed be shut up.
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ApyWhisperervip
· 01-05 08:56
The 95,000 level is indeed prone to triggering a rally. I see this move as just a rebound correction; don't get caught up in the hype.
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AlwaysMissingTopsvip
· 01-05 08:53
The idea of playing short positions with a small amount is indeed stable, but the concern is that at critical moments, people tend to increase leverage.
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LayerHoppervip
· 01-05 08:50
A rebound is a rebound, don't damn it associate it with a reversal. A bunch of people always want to see reversal stories.
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UnruggableChadvip
· 01-05 08:31
To be honest, I understand the move of shorting BCH with a small position. The 720 threshold is indeed a watershed.
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MeaninglessGweivip
· 01-05 08:28
Starting to focus on technical analysis again, but I actually think this rebound is just a fake-out. Playing these positions with a small amount of capital is really smart; don't be fooled by 95k. I'm also watching ZEC; 555 indeed looks like a ceiling, and that group shouting 1000 probably isn't fully awake. The key is to stay alive; don't get wiped out by the market explosion, that's the real win.
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