Bitcoin's recent surge to around 94k looks fierce, but in reality, there are underlying currents. The key issue is that the funding environment has clearly weakened, and the concentration of chips is still decreasing, which is not a good sign.
Let's break it down: the price is rising, but funds are withdrawing. The signs of retail investors chasing the rally are too obvious, this is a classic trap to lure more buyers. The main funds are quietly offloading, while the attracted retail investors are still chasing wildly.
The 94,000 level is probably about to reach its limit. After that, it's likely to consolidate sideways for a while, then start to drop. Instead of waiting to be trapped, it's better to consider cautiously opening a short position now. Shorting at this high level has a pretty good odds.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
9
Repost
Share
Comment
0/400
ShitcoinArbitrageur
· 3h ago
Hey, the big players are setting a trap again. I've seen this trick many times. 94k is just a ceiling, and retail investors are still celebrating above it.
View OriginalReply0
MetadataExplorer
· 01-07 19:56
The pump-and-dump scheme this time does look familiar, but are you really willing to open short positions? It would be embarrassing if you're crushed through.
View OriginalReply0
AirdropCollector
· 01-07 19:51
The old trick of诱多 (诱多:诱导多头) is a common cliché, and few truly dare to short.
View OriginalReply0
RektButStillHere
· 01-06 13:14
94k, I'm also feeling uneasy about this wave. The liquidity situation is indeed weakening. The main force is offloading while retail investors are still chasing. This routine is really too classic.
View OriginalReply0
SandwichTrader
· 01-06 02:55
94k peak? I remain skeptical; the main force's tactics aren't that simple.
Retail investors chasing the rise is always happening; the real issue is who holds the chips.
Be cautious with short positions, brother. Going short at high levels isn't necessarily the best choice.
However, the capital situation definitely needs close monitoring; signs of weakness are worth paying attention to.
View OriginalReply0
OnchainHolmes
· 01-06 02:55
The trap of false bullish signals is back; retail investors really need to wake up.
View OriginalReply0
ApeShotFirst
· 01-06 02:40
Bro, I saw through this 94k hype long ago. Retail investors are still celebrating.
The liquidity situation is a mess, and the big players have already run away. We retail investors are still chasing the rally in a daze.
Short positions are indeed attractive. It all depends on who can survive until the bottom is reached.
View OriginalReply0
NFTRegretful
· 01-06 02:38
It's the same old story of luring in more investors, always talking like that. The key is, when it actually reaches that point, why haven't we seen it happen?
View OriginalReply0
ProposalManiac
· 01-06 02:36
Price rises, funds withdraw, I've seen this game structure too many times. The problem is that retail investors simply don't understand what a decline in chip concentration means — isn't this a typical case of dispersed power inducing a rally? The main players exit, but liquidity still supports the price; once retail investors finish taking the bait, it should fall. The mechanism design at the 94k level has already failed; without incremental funds supporting the rally, it will ultimately fade away. The odds of shorting are indeed good; it all depends on who can withdraw first before the consensus collapses.
Bitcoin's recent surge to around 94k looks fierce, but in reality, there are underlying currents. The key issue is that the funding environment has clearly weakened, and the concentration of chips is still decreasing, which is not a good sign.
Let's break it down: the price is rising, but funds are withdrawing. The signs of retail investors chasing the rally are too obvious, this is a classic trap to lure more buyers. The main funds are quietly offloading, while the attracted retail investors are still chasing wildly.
The 94,000 level is probably about to reach its limit. After that, it's likely to consolidate sideways for a while, then start to drop. Instead of waiting to be trapped, it's better to consider cautiously opening a short position now. Shorting at this high level has a pretty good odds.