Recently, the market has been quite volatile. Let's analyze BTC's technical outlook.
From a daily perspective, the trend has been oscillating between 945 and 877. The 928 level is very important—currently leaning bearish, and this is the dividing line between bulls and bears. On the upside, there is significant resistance around 918, making a breakout difficult. On the downside, honestly, there isn't much strong support to hold in the short term.
If you want to position for a short, you can enter gradually. It's recommended to divide into 6 tranches, starting from 891, 899, 906, 912, 922 up to 934. By doing this step-by-step, you can effectively lower the average cost and avoid being trapped too deeply at once.
This range and key levels are the core reference points for now. Moving forward, just keep an eye on the 928 and 918 levels.
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.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
HodlTheDoor
· 01-21 05:46
If 928 can't be broken, continue to anchor at 918, and we'll just wait for it to drop. Enter short positions gradually for more stability.
View OriginalReply0
metaverse_hermit
· 01-21 05:46
928 this line is really stuck, the bearish logic is solid
I understand the concept of position splitting, just worried that the market might directly tear up the plan with a reverse move
If 918 can't break through, the bears can really keep fishing
This wave of volatility is indeed annoying, still relying on those key levels to set the tone
The layout idea from 891 to 934, if the market really drops, it would be great
If 928 doesn't move, I won't move either
View OriginalReply0
GateUser-addcaaf7
· 01-21 05:36
928 can't break through, feels like I'll be idling in this range again
Splitting into 6 positions sounds good, just worried about not being fast enough
Is the pressure really this strong on 918? A few days ago, it didn't seem to have much resistance
Is this bearish wave really stable? Always have a feeling that a storm is coming
Dividing into batches to enter the market is indeed smart, but it depends on whether the market gives this opportunity
I've noted this 928 line, will keep an eye on it
View OriginalReply0
TrustlessMaximalist
· 01-21 05:33
If 928 can't be broken, then it's really not looking good. The bearish signals this time are still quite clear.
View OriginalReply0
BlockchainWorker
· 01-21 05:33
928 this line is really stuck tight, can't go up, feels like the probability of going down is higher
Splitting the cost into 6 positions is a good idea, just worried that if the market crashes, there will be no positions left
If 918 can't break through, the bears might take off, right
View OriginalReply0
SigmaValidator
· 01-21 05:31
928, this line is really a nerve-wracking line, constantly tormenting people around here.
I've been doing partial positions for shorting for a long time, but six positions still feel a bit much; four positions are enough.
918, the pressure there is really high. Only when it breaks through is it worth chasing; entering now just invites suffering.
Recently, the market has been quite volatile. Let's analyze BTC's technical outlook.
From a daily perspective, the trend has been oscillating between 945 and 877. The 928 level is very important—currently leaning bearish, and this is the dividing line between bulls and bears. On the upside, there is significant resistance around 918, making a breakout difficult. On the downside, honestly, there isn't much strong support to hold in the short term.
If you want to position for a short, you can enter gradually. It's recommended to divide into 6 tranches, starting from 891, 899, 906, 912, 922 up to 934. By doing this step-by-step, you can effectively lower the average cost and avoid being trapped too deeply at once.
This range and key levels are the core reference points for now. Moving forward, just keep an eye on the 928 and 918 levels.