$BTC Bitcoin at the sixty-thousand-dollar mark, don’t scare yourself unnecessarily.



My attitude is very straightforward: in the short term, don’t try to short; wait until it’s thoroughly fallen before adding heavily. Right now, the bulls and bears are arguing like in a marketplace—one side pounding the table saying sixty thousand is a solid bottom, while the other insists only at forty thousand will they enter. But in my view, the stupidest move at this level is to chase the short.

The current rebound looks like a double bottom stabilizing on the surface, but in reality, it’s more like a trap to lure in buyers. Without any sudden major positive news, it’s not easy to break through sixty thousand in one go. The rate hike in Japan, with funds being drained from risk assets, will take at least a week or two to reach the crypto market. During this period, the bears will keep getting slapped in the face—just when you think it’s about to break, it pulls back; when you’re confident and chase the short, it drops again, repeatedly frustrating.

Looking at it from another angle, what if sixty thousand really is the bottom? If you short at the floor, once the main upward wave starts, the feeling of missing out will be worse than losing money.

But on the other hand, if sixty thousand truly marks the end of this bear market, don’t expect the next bull run to be very lucrative. Just look at ETH’s recent performance—its price didn’t drop enough, institutions didn’t scoop up enough cheap chips. Why would they spend real money to violently pump the price? If they haven’t bought low, they won’t have the motivation to sell high. That’s the most basic business logic.

So my conclusion is very practical:

First, in the short term, hold back and do nothing.
If the rebound reaches around sixty-five thousand, you can try a small short position; if it breaks directly below fifty-eight thousand, wait for confirmation of the breakdown before following the trend. The aftershocks of Japan’s rate hike are not over yet, and the volatility in the next two weeks will be quite choppy. Most people chasing shorts will likely get shaken out.

Second, in the medium term, let the market choose its direction.
If sixty thousand holds, the rebound space is limited—don’t expect it to jump straight to seventy thousand; if sixty thousand doesn’t hold, then look at fifty-five thousand or even lower. I won’t participate in these indecisive levels—just wait for a volume breakout or breakdown signal before acting.

In summary: don’t mess around now; being whipped back and forth damages morale the most. In the long run, the deeper the fall, the thicker the meat for the future—real big opportunities are always to be waited for, not gambled on. #我的Gate交易时刻 #TradFiCFD黄金大师赛 $ETH
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