2026-01-19 18:30:27

Need to correct the previous judgment. I was mistaken on the bullish side and need to adjust my thinking.

Recently, I re-examined BTC's trend. The 97,800 level is very critical; it is an important support I believe will hold during the decline. If it drops to this level, I plan to short here with limit orders.

The logic is actually simple: if this decline doesn't break the structure, there's no reason to continue chasing longs. In other words, if we can't form a decent structure during the rebound at this support level, the bullish story essentially can't continue. 83k is a psychological barrier; if it can't be broken, then that's just how it is.

So now, the approach is to wait and see how this support level reacts. Either it shows signs of making a new high, or it continues to fall. The most uninteresting scenario is in the middle—that's a signal to clear out positions.

BTC5.64%

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ZKProofEnthusiast

· 01-22 18:29

97,800 is a hurdle; if it can't be broken through, there's really no hope.

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AirdropF5Bro

· 01-22 08:17

If 97800 can't hold, then the bulls are indeed out of luck. That's how I see it too; the most annoying part is the constant wobbling. --- Changed your mind again? Can you stick to 97800 this time haha --- I agree with the clearing signal; all this fluctuation and indecision are pointless. --- Limit order placement is a good trick, just worried about a sudden rebound catching us off guard. --- Ultimately, it's about the structure; if the structure doesn't hold, the bullish story is over. --- The psychological barrier can be managed well; that 83k level is really crucial. --- So, we still need to hold this support and wait for signals; the most dangerous are the ranges with no meaning.

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OnlyOnMainnet

· 01-19 19:00

Admit your mistake if you make one, don't hesitate... If you can't hold 97,800, you need to face reality. This bullish wave is indeed risky.

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BakedCatFanboy

· 01-19 18:59

This guy changed his tune, from bullish to bearish. I need to watch this 97,800 move carefully. Honestly, I hate the intermediate state the most—either explode or drop, no more messing around. It's the same dream of a bullish story, I've been hearing it for half a year. See you at 97,800, limit orders are waiting. If the support level can't rebound convincingly, the bulls really should pack it up.

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SandwichHunter

· 01-19 18:56

Ha, changed your mind again? Went from bullish to bearish after looking too long, I’m familiar with this move. Shorting at 97,800 sounds okay, but structure is easy to talk about and really tests you when it comes to execution. The most annoying part is that silent phase in the middle; having no direction is the biggest direction.

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WalletDetective

· 01-19 18:35

Ha, changing your tune again? Can we hold the 97,800 this time? Anyway, I don't believe it. Waiting to watch the show. The most annoying part is the fluctuations in the middle. If you can't sell at a new high, just clear your position. That logic is perfect.

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RugPullAlertBot

· 01-19 18:30

Ha, changing your tune again. Is 97,800 really a solid bottom this time? Actually, I'm already tired of this logic, just repeatedly confirming the support level. Just wait and see, be careful not to get caught in the middle and be unable to move.

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