2025-12-30 11:27:48

Bitcoin's performance yesterday was indeed somewhat disappointing. Originally, I hoped it could hold steady at the 0.618 key level and then challenge the important resistance at 93,000. Unfortunately, it didn't go as planned and continued to press downward. Interestingly, the short position I placed before recording the video automatically took profit, which shows the market's volatility quite clearly.

Recently, Bitcoin has been oscillating within this small range, and I can't wait to see it make a clear directional choice. Currently, BTC has found support at the 0.618 level and has experienced a slight rebound. However, I didn't just follow the trend to go long; instead, I'm waiting for a specific price action—watching to see if it will fake a breakdown and then recover. If this happens, I will consider going long. Of course, this waiting also carries risks; if Bitcoin surges upward directly without giving a chance for a fake breakdown, I might miss the opportunity passively.

As long as it doesn't break through the EMA resistance, the logic suggests it will continue testing the support area downward. If the 0.618 level can't hold, I will focus on the next support zone.

Switching to the daily chart, my cautious attitude has a clear reason. Yesterday's long wick was unfavorable for an upward move, and Bitcoin has consistently been trading below the EMA. I personally prefer to see BTC dip downward. You can refer to that upward trendline, which has been challenged twice. If BTC quickly dips and then recovers above it, there will be a chance to go long. But if it breaks below the trendline directly, the situation becomes more complicated, and I will need to focus on defending the support below.

BTC0,49%

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NFTragedy

· 1h ago

Still struggling in the volatility, this market really is annoying. Waiting after taking profit on the short? Might as well go all in directly. If 0.618 can't hold, then we have to look down; there's no suspense. If we can't break free from this EMA resistance, we'll just keep getting beaten. If the false break doesn't appear, you'll have to watch helplessly as it pulls straight up; this is trading. The trend line has been challenged twice; next time, it might just break through directly. Rather than waiting, it's better to act; anyway, it's all a loss.

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ImaginaryWhale

· 6h ago

Short position take profit feels really good, but watching this rebound makes me a bit itchy Waiting for a fake breakout feels a bit urgent, Bitcoin's temper doesn't seem very good If 0.618 can't hold, I really need to re-evaluate my approach Still hoping for more under EMA suppression? I think it's a gamble Injecting a spike and recovery is the real opportunity; just adding more fuel stations isn't meaningful

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ClassicDumpster

· 10h ago

Auto take profit on short positions, this rhythm is quite clever, the market really changes just like that Waiting for a false breakdown? Brother, that's a good idea, but it's easy to get slapped in the face by a direct rally If 0.618 doesn't hold, we'll look at the next one. Under EMA resistance, there's nothing much to say, just keep waiting This long shadow line is indeed unfriendly, it seems like we need to dip down again before there's a chance

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OnchainDetectiveBing

· 2025-12-30 16:05

Waiting for a false breakdown again, when will you change this habit? I'm really tired of BTC's volatility. If I had known, I would have just shorted like you. If the 0.618 Fibonacci level doesn't hold, it will get interesting. How will you defend then? If it suddenly surges this time, you'll probably regret it again. Better to be cautious; missing out passively is always more comfortable than getting trapped.

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CryptoSourGrape

· 2025-12-30 11:57

Damn, I took profit on the short position but missed out. It would have been perfect if I hadn't recorded the video at that time. Just wait, anyway, if a false breakdown is coming, it will come. Missing it is just missing. I've already missed enough opportunities in my life. Below the EMA is where I expect a spike, so I'll just watch BTC play itself to death quietly. The trendline has been challenged twice; for the third time, I bet it will break directly. Anyway, I'm used to losing bets. What if I can't hold the 0.618? I'll just pretend I didn't see it and wait for the next support. This market is really torturous. The constant oscillation here—who is Bitcoin trying to piss off? If BTC suddenly surges without giving a false breakdown opportunity, then I really need to change careers. Anyway, the technicals have betrayed me countless times already.

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0xSoulless

· 2025-12-30 11:54

The short position was closed for profit, but I still have to pretend I'm waiting for a false breakdown. This move is truly a textbook-level after-the-fact armchair quarterback, hilarious.

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MoneyBurnerSociety

· 2025-12-30 11:51

My take profit speed on this short position is even faster than choosing BTC. Automatic liquidation of contracts is my specialty, a stable loss player online. Waiting for a false breakdown? Bro, are you waiting for an opportunity that will never come? Still hoping for a bullish breakout under EMA suppression, I laughed. If it directly breaks the trend line, I will just clear the position; that's my style. Waiting again, defending again, why can't we have a direct move? If 0.618 can't hold, I'll bet on the next one; anyway, losing money is what I do best. Pulling back after a spike? Sounds harder than just breaking even. If it weren't for automatic take profit saving me this time, I would have long been a negative alpha example.

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ProbablyNothing

· 2025-12-30 11:46

Taking profit on the short position feels really satisfying, but watching this repeated fluctuation makes me a bit anxious. Waiting for the fake breakdown opportunity, but I’m afraid I might have to wait until the Year of the Monkey and the Horse. As long as the EMA doesn’t break on the daily chart, I won’t move.

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SnapshotLaborer

· 2025-12-30 11:38

The short position has taken profit, but you're still hesitating over the false breakout. Why not just make a move and give yourself a chance, haha? --- If 0.618 can't hold, we'll look at the next support. Anyway, the EMA is still pressing down. --- This wave has really been a back-and-forth struggle. If I had known earlier, I would have just gone flat. --- Waiting again for a false breakout, and every time it just pulls up directly. It's hilarious. --- Why are you still hesitating to buy long when the daily long shadow is so unfavorable? --- Only dare to act after the pullback following the spike. It's safe but easy to miss out. --- If 0.618 can't hold, how far is the next support? It's exhausting. --- Is Bitcoin's volatility interesting? Just decisively look bearish. --- Looking at what you said, it actually just shows you're still unsure of the direction. Just wait and see. --- The EMA resistance here makes further testing pointless; we still need a breakout.

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