Morning market fluctuations, Bitcoin faced resistance around 94,600 and pulled back. Some traders have reported adding to their short positions near 93,600. Currently, the strategy is to take profits first and focus on the short-term target of 91,800. For traders who are temporarily without positions, the current market is suitable for swing trading—moderately reducing positions at high levels and gradually entering at low levels. However, be sure to set stop-loss orders to prevent rapid drops. Most importantly, avoid being tempted to chase after sudden surges, as this can easily lead to being caught. Both BTC and ETH are searching for direction amid volatility, and patiently waiting for a confirmed opportunity is the wiser approach.
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StealthDeployer
· 11h ago
Did you top up again at 93,600? Man, your guts are really big. I'm still waiting for 91,800.
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OnChainDetective
· 01-06 02:58
This wave of pullback from 94,600 to 93,600 makes me seriously suspect that whales are manipulating the price behind the scenes to trigger stop-losses... Don't rush to buy the dip; first, observe the movements of the wallet cluster.
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NotFinancialAdvice
· 01-06 02:51
Whether we can hold this 91,800 level is the key; it's really annoying to keep getting cut off repeatedly.
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WealthCoffee
· 01-06 02:49
Can 91800 really hold? It feels like this wave will continue to drop further.
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LowCapGemHunter
· 01-06 02:40
93600 That guy who was averaging down got burned. I already ran early. The market in one sentence: Don't chase highs, really.
Morning market fluctuations, Bitcoin faced resistance around 94,600 and pulled back. Some traders have reported adding to their short positions near 93,600. Currently, the strategy is to take profits first and focus on the short-term target of 91,800. For traders who are temporarily without positions, the current market is suitable for swing trading—moderately reducing positions at high levels and gradually entering at low levels. However, be sure to set stop-loss orders to prevent rapid drops. Most importantly, avoid being tempted to chase after sudden surges, as this can easily lead to being caught. Both BTC and ETH are searching for direction amid volatility, and patiently waiting for a confirmed opportunity is the wiser approach.