Bitcoin faces technical adjustment pressures, and the market may see a downward opportunity
Currently, although Bitcoin is trading above $90,000 and appears to have strong momentum, there are clear signals of a technical correction. Many traders believe this rally may be approaching a temporary peak, and the next move could be a deeper pullback, with the target level around 77,000.
Market opportunities are often hidden at these turning points. Whether going long or short, the key is to judge whether the direction is correct. The current situation presents us with an interesting choice—if a technical correction indeed occurs, positioning for short positions in advance can capitalize on this downward move.
From the chart, Bitcoin seemingly still has the momentum to continue rising, but in reality, it has already shown signs of weakness. This hesitation at high levels often signals an upcoming correction. Once the decline is confirmed, dropping from over 90,000 to 77,000 provides a substantial space, offering a good opportunity for short traders.
Most importantly, judgment and execution are crucial. The market always rewards those who make the right calls. The question now is—are you ready to seize this opportunity? The opportunity is right in front of you; it all depends on who dares to act.
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GateUser-74b10196
· 01-07 01:28
90,000 dollars is indeed a bit shaky here, feels like it could drop at any moment.
And the target is still 77k. I've heard this kind of talk so many times... but this wave is really getting tiring.
A shorting opportunity? I'll wait for a confirmed signal before acting, don't want to get chopped up.
This kind of high-level volatility is the most annoying. It feels like no one really dares to buy the dip.
Judgment and execution? Easy to say, but when you're losing real money, you truly understand what a mental breakdown is.
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SoliditySurvivor
· 01-06 23:13
The 90,000 level is indeed a bit risky; I feel it's safer to wait until it drops back to 77k before buying in again.
It's the same old story, always saying we've reached the top and then bouncing back. Who's really cutting whom?
Short positions sound good, but how many actually dare to go all-in? They're all armchair strategists after the fact.
Analyzing charts is one thing, but real turning points are often sudden and unexpected. Don't overcomplicate it.
Hmm... Is a 12-point margin worth taking this risk? I'm still debating.
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SerRugResistant
· 01-04 06:49
They're starting to talk down again; I've heard this rhetoric too many times. The pressure at the 90,000 level definitely exists, but can it really reach 77k? If this wave reverses again, I wonder who will be embarrassed.
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LiquidationWatcher
· 01-04 06:42
ngl, been there done that with the short trap... those "obvious" shorting setups at 90k are exactly how you lose your health factor. seen too many liquidations from exactly this kind of "easy money" narrative, not doing it again.
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ReverseTrendSister
· 01-04 06:40
There's nothing wrong with this statement; I'm just worried that if it breaks below 90,000 later, I'll have to chase the short... Truly a contrarian indicator.
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AirdropHunterKing
· 01-04 06:25
With 90,000 to 77,000, I need to do the math on this move. Just the gas fees alone will eat up almost half the profit, brother.
Bitcoin faces technical adjustment pressures, and the market may see a downward opportunity
Currently, although Bitcoin is trading above $90,000 and appears to have strong momentum, there are clear signals of a technical correction. Many traders believe this rally may be approaching a temporary peak, and the next move could be a deeper pullback, with the target level around 77,000.
Market opportunities are often hidden at these turning points. Whether going long or short, the key is to judge whether the direction is correct. The current situation presents us with an interesting choice—if a technical correction indeed occurs, positioning for short positions in advance can capitalize on this downward move.
From the chart, Bitcoin seemingly still has the momentum to continue rising, but in reality, it has already shown signs of weakness. This hesitation at high levels often signals an upcoming correction. Once the decline is confirmed, dropping from over 90,000 to 77,000 provides a substantial space, offering a good opportunity for short traders.
Most importantly, judgment and execution are crucial. The market always rewards those who make the right calls. The question now is—are you ready to seize this opportunity? The opportunity is right in front of you; it all depends on who dares to act.