After Bitcoin temporarily broke the 90,000 level, it is easy to attract retail investors to follow the trend and chase short positions. This logic seems similar to the previous pattern of chasing gains when rebounding to 94,000—both are common traps of chasing highs and lows.



For investors who already hold long positions, it is recommended to continue holding longs at 91,500 or 90,500. As for Ethereum, don't rush to sell at 3120 and 3180. The key is to control greed—reduce positions moderately when the rebound reaches 92,000, then observe whether the market will give opportunities at 93,000 or even 94,000. When Ethereum rebounds to 3200, consider reducing positions to lower risk, and then see if it can push to 3250 or 3300.

If choosing to short today, the strategy should be to patiently wait for a rebound to a high level before entering short positions, such as when Bitcoin returns to around 94,000 or Ethereum reaches 3300. This can effectively reduce the risk of being trapped. If the rebound momentum is insufficient, then decide whether to pursue shorts more aggressively based on the performance of the intraday chart.

Additionally, it is important to remind that virtual currency trading involves legal issues. Holding coins personally and speculating in coins generally do not constitute illegal operations. However, if you knowingly assist others in illegal foreign exchange transactions through virtual currency exchanges, and the circumstances are serious, you could be considered an accomplice to illegal operation crimes. Be mindful of these legal boundaries when participating in trading.
BTC-3,85%
ETH-6,67%
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GasBanditvip
· 01-11 08:28
Once again, it's the old trick of chasing highs and lows; retail investors are really easy to fall for it.
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TokenSleuthvip
· 01-11 07:23
Chasing shorts and chasing rallies—simply put, it's the fate of retail investors. The recent break below 90,000 definitely makes it easy to get fooled in.
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ser_ngmivip
· 01-10 22:44
It's the same old trick of chasing highs and lows again. Why can't retail investors learn?
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DataBartendervip
· 01-08 09:00
Retail investors shorting is just giving away money; I've seen this trick way too many times.
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PhantomHuntervip
· 01-08 09:00
It's the same old saying of "sell off on rebound" again, and it's getting tiresome to hear. The key issue is that very few people can actually stick to it.
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WenMoonvip
· 01-08 08:56
Retail investors are about to get cut again; those chasing short positions will have to eat noodles.
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BlockchainArchaeologistvip
· 01-08 08:41
Retail investors are about to get chopped again; the tricks of chasing short positions are just as disgusting as chasing the rally.
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UnluckyValidatorvip
· 01-08 08:36
Here comes the same old trick of shorting again. Retail investors following the trend will just get harvested one by one.
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GameFiCriticvip
· 01-08 08:34
To be honest, this psychological trap of chasing highs and lows is indeed played out every year. Retail investors panic and choose to short when they see through the trap, exactly like the pattern of chasing the rally at 94,000 back then, just in the opposite direction. The key is that the incentive mechanism is not well designed; market clearing takes time, and blindly following the trend is not advisable.
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