2026-01-08 09:26:05

Bitcoin is once again testing the 90,000 level with a breakdown move, and many retail investors immediately chase short positions. But honestly, this is the same pattern as before when the price rebounded to 94,000 and people chased the rally.

The current strategy is simple: don’t rush to close long positions, continue holding at 91,500 or 90,500. Keep holding long positions on Ethereum at 3,120 and 3,180 as well. The key is not to be too greedy—when the rebound reaches 92,000, decisively reduce positions to lock in profits, then see if the market has the courage to push toward 93,000 or 94,000.

When Ethereum rebounds to 3,200, consider reducing positions to secure stability, while keeping an eye on the opportunities at 3,250 and 3,300.

Regarding the timing for short positions: the best time to enter is at the rebound high, not at the current bottom. If Bitcoin can approach 94,000 and Ethereum surges to 3,300, then shorting at that time will be less likely to get caught in a trap. If the rebound strength is insufficient, adjust flexibly based on the intraday chart, and being slightly more aggressive is also acceptable.

BTC4,28%

ETH5,92%

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gas_fee_therapy

· 01-09 08:14

Basically, don't be the bagholder. Chasing short positions at the bottom is really a sign of dementia.

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RektCoaster

· 01-08 14:15

Retail investors are starting to chase the bottom again. I'm really tired of this routine. Maybe I'll wait for a rebound to a high point before taking action.

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WhaleWatcher

· 01-08 09:54

It's the same old story again. Bottom-fishing shorts are really terrible, just as bad as chasing the rise.

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BearMarketSurvivor

· 01-08 09:50

Retail investors are starting to buy the dip and chase short positions again. This routine really never ends; you'll only regret it after being slapped in the face by a rebound. It's better to hold out until reaching 92,000 or 3,200 before reducing positions. Being too greedy will definitely lead to losses. The key is not to be fooled by the bottom. Wait for the rebound to reach a high point before shorting for a more stable position. Entering now is just giving money to the market. Ah, another drop. Is this another round of chopping the leeks? Don't rush to exit long positions; the real show is still to come. The high point of the rebound is the true timing to act. Those trying to short at the bottom are mostly cannon fodder. The same old advice: don't be too greedy, take profits when it's good, and leave some opportunities for yourself. This market trend really tests your mentality. If you're easily cut, you need to have patience.

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MidnightTrader

· 01-08 09:48

Those who are shorting are all trapped. To make it worth the move, this rebound needs to reach 93,000.

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probably_nothing_anon

· 01-08 09:42

Retail investors are always late to the game; chasing shorts at the bottom is just as foolish as chasing the rally. Seeing this trick again, the rebound high is the window to short; entering now is just sending money away. Long positions still need to be held, with 92,000 being the position to reduce holdings; don't be too greedy. If this wave doesn't reach 94,000, you need to consider the risks. It's always like this—only realizing how inexperienced you are during the rebound.

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OfflineNewbie

· 01-08 09:36

Retail investors are starting to buy at the bottom again; this wave might get cut off.

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