2026-01-16 02:22:37

January 16 Market Observation

Bitcoin's current pattern is quite interesting—after the MACD death cross, it has been trending downward, with the bears completely dominating the rhythm. The Bollinger Bands are also moving downward in sync, widening the lower space. The bulls' rebound is a bit weak, and the upward momentum is clearly insufficient.

In this situation, the intraday trading strategy is quite clear: sell on rebounds, and be sure to set tight stop-losses to avoid being caught off guard by sudden market moves.

Trading reference: Consider shorting in the range of 97,500 to 96,500, with targets at 95,500, 94,500, and 93,500. #Strategy加仓BTC $ETH

BTC1.6%

ETH2.4%

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RooftopVIP

· 01-19 01:37

The bears are so fierce, they crash on rebounds, it feels like a new low is coming again.

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Rekt_Recovery

· 01-16 02:52

ngl this dead cat bounce energy is giving major liquidation vibes... been there, got the ptsd to prove it. gonna sit on hands this one, my risk management is finally catching up to my degen brain after too many 50x yeeting sessions. respect the short setup but copium tells me there's a wick waiting to slap us.

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FlashLoanPrince

· 01-16 02:50

Sell when it rebounds, same old story. The key is whether you can hold the stop-loss; that's the real secret to making money.

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WenMoon

· 01-16 02:48

Wow, I really didn't escape this MACD death cross. The bears are eating it up completely, and I'm feeling scared now.

I just want to ask, do you really dare to short at 97500? It feels like it could be pierced at any moment.

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LiquidationTherapist

· 01-16 02:47

96500, open a position, set tight stop-loss to prevent sudden events from cutting my profits.

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PositionPhobia

· 01-16 02:34

Rebound and then cut short, I like this rhythm of operation, just afraid that suddenly a big V will turn around...

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OnchainGossiper

· 01-16 02:32

It's that MACD death cross again. Last time I played this way, I didn't lose a little... Listening to the rebound and going short sounds simple, but where did the stop-loss go? What happened to the promised stop-loss?

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