#大户持仓动态 Market observation on the evening of December 21: short positions opportunities emerging 🔥🔥
Bitcoin traded within a narrow range yesterday, with a weak rebound after hitting a low in the evening, and the volatility is limited. Currently, it is consolidating around 88500, facing significant pressure from previous highs, making upward突破 a challenging task. Technical signals are clear, and the short positions are showing signs of fatigue; it is advisable to focus on the short positions strategy.
The current price of Bitcoin can be directly shorted, pay attention to the support area around 87000.
Ethereum's current price can be directly shorted, with support at the 2900 area below.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
GateUser-3e13db60
· 1h ago
HODL tight 💪
View OriginalReply0
LayerZeroHero
· 5h ago
The short positions strategy has come again, every time they say it's exhausted, haha, anyway, I still see it as bullish.
View OriginalReply0
BearWhisperGod
· 5h ago
Here comes another short positions bull trap, I get annoyed looking at the 88500 level.
View OriginalReply0
StablecoinArbitrageur
· 5h ago
ngl, the 87k support sounds appealing on paper but have you actually checked the order book depth there? liquidity's probably thinner than you think tbh... shorting into this kind of consolidation usually gets rekt by the whales gaming stops lol
Reply0
LiquiditySurfer
· 5h ago
The 88500 level has been repeatedly consolidated, which means, to put it simply, that the long positions are running out of strength. The moment we fear the most while surfing is when the waves dissipate.
View OriginalReply0
gas_fee_therapy
· 5h ago
Short positions strategy? Bro, this wave is going to play people for suckers again, the repeated consolidation at 88500 is just to trick stop loss.
The rebound is indeed weak, but during such times, going against the trend often yields the most profit.
View OriginalReply0
WealthCoffee
· 5h ago
Another play people for suckers trick, last time I heard you say that I directly got liquidated.
#大户持仓动态 Market observation on the evening of December 21: short positions opportunities emerging 🔥🔥
Bitcoin traded within a narrow range yesterday, with a weak rebound after hitting a low in the evening, and the volatility is limited. Currently, it is consolidating around 88500, facing significant pressure from previous highs, making upward突破 a challenging task. Technical signals are clear, and the short positions are showing signs of fatigue; it is advisable to focus on the short positions strategy.
The current price of Bitcoin can be directly shorted, pay attention to the support area around 87000.
Ethereum's current price can be directly shorted, with support at the 2900 area below.
$BTC $ETH $XRP