Bitcoin, after experiencing a nearly 10,000-point correction, continuing to chase short positions at the current level is actually quite risky. The market is now in a tense standoff between bullish and bearish forces, and at this point, it’s a matter of who can stay calm longer. My approach remains somewhat conservative, mainly looking for stabilization signals in support zones to go long.
First, let’s discuss the specific plan for Bitcoin. The active long position is locked in at 88,155. If the support at 88,155 fails, I have a backup long plan—if 87,000 cannot hold, then look for entry opportunities in the 85,555 to 82,873 range. Stop-losses are set around 1,000 points. The long position at 88,473 from yesterday has already gained about 1,500 points in profit. The recommended approach is to take partial profits to lock in gains, while leaving the rest of the position open to give opportunities to exit in stages at higher levels like 92,000, 93,000, and 96,000.
Ethereum’s strategy is more balanced. In the current volatile structure, short positions can be arranged in the 3,142 to 3,178 range, while long positions should be maintained between 2,939 and 2,894. Both the upper and lower boundaries of the range offer opportunities, depending on where the price shows signs of stabilization or reversal.
A few points to emphasize: yesterday’s publicly announced long at 88,473 successfully caught the rebound, once again confirming the value of positioning at key levels. But the key is how to manage existing profits—using partial take-profit combined with trailing stops is the real way to lock in gains.
Regarding current position management, opening new positions should be done cautiously, with a probing mindset, and strict stop-loss discipline must be enforced. As long as the market direction isn’t fully clear, don’t bet heavily on a single side—that’s the fastest way to lose money.
In simple terms, trading isn’t about constantly being in the market; it’s about being prepared when high-value opportunities appear. Right now, it’s mostly about waiting—waiting for the price to enter these key zones, waiting for clear signals of stabilization or reversal before taking action. The rhythm of altcoins remains steady, and overall, the focus should be on key level battles and the rhythm of swing trading.
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retroactive_airdrop
· 8h ago
Wait, with such a high risk of shorting, are there still people doing it? I just don't understand.
The strategy of partial take profit is indeed reliable, but very few people actually execute it.
88155 breaks through, then go directly to 85555? Feels like there should be some oscillations in between.
That order at 88473 yesterday was really ironic; ironically, it's safer than now.
I'm actually thinking of trying the Ethereum range of 3142-3178, just worried about another fake breakout.
Heavy position directions are truly dead ends; I've seen too many get wiped out in one shot.
Waiting is actually more difficult than frequent trading, I have to admit that.
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GateUser-beba108d
· 8h ago
88155 This critical level really requires patience; chasing short positions is like gambling with your life.
If you don't reduce your position, how will you exit during the 92000 wave? Watching it drift is uncomfortable.
Scaling out gradually still makes sense; otherwise, profits will be given back.
The retracement was indeed large, but the rebound confirmed that the support is effective. Now just waiting for a stabilization signal.
Ethereum's volatility is really annoying; range trading still depends on a sense of rhythm.
Trying with a small position is real; heavy positions are just giving away money.
That order at 88473 was a satisfying profit, but it's a bit regretful for not reducing the position early.
Key level positioning is indeed more valuable than constantly watching the screen.
Stop-loss discipline is easy to talk about but hard to implement; it all depends on who is more ruthless.
Now it's just a matter of waiting; act only when the price reaches those levels.
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Ser_Liquidated
· 8h ago
Wait, did you really get the 88473 order filled? Why didn't I realize it earlier?
This batch-by-batch take-profit strategy really needs to be implemented, or else a wave of pullback will wipe it all out.
Now just be patient and wait, don't mess around.
Will you really take the order at 85555? Feels uncertain.
If 92000 can really be reached, it would be a big profit.
Ethereum is just grinding at the bottom now, looks uncomfortable.
I'm also trying with a small position, to avoid a big loss if there's a pullback.
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RamenStacker
· 8h ago
88473 That trade really made a killing, but this wave of pullback definitely requires patience.
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Trying small positions is truly the golden rule; I used to think going all-in would be better, but I ended up losing more.
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Scaling out gradually is indeed the best approach; it's much more comfortable than holding on and risking a stop-loss.
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Now it's just a matter of waiting—waiting for signals at those key levels before making a move. No need to rush.
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Ethereum's range-bound oscillation is a bit annoying, but 2894 and 3178 are definitely worth watching.
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The opportunity to exit between 92000-96000 must be seized, or you'll get caught again.
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The easiest mistake for beginners is chasing short positions at this level; it can easily lead to liquidation.
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Only those who can stay calm will make money. This saying is so true.
View OriginalReply0
failed_dev_successful_ape
· 8h ago
Wait, did the 88473 order really make a profit of 1500? Damn, this feeling is unbeatable.
The strategy of taking profits in batches is correct, but it's easy to get impatient when executing.
I still prefer your approach—waiting when there's no rush, and acting only at critical points to avoid the exhaustion of constantly watching the market.
This round of decline was indeed a bit hard to hold, but chasing short positions definitely carries high risk. I agree.
That 85555 line must be held, or else you'll need to look for opportunities lower down.
Bitcoin, after experiencing a nearly 10,000-point correction, continuing to chase short positions at the current level is actually quite risky. The market is now in a tense standoff between bullish and bearish forces, and at this point, it’s a matter of who can stay calm longer. My approach remains somewhat conservative, mainly looking for stabilization signals in support zones to go long.
First, let’s discuss the specific plan for Bitcoin. The active long position is locked in at 88,155. If the support at 88,155 fails, I have a backup long plan—if 87,000 cannot hold, then look for entry opportunities in the 85,555 to 82,873 range. Stop-losses are set around 1,000 points. The long position at 88,473 from yesterday has already gained about 1,500 points in profit. The recommended approach is to take partial profits to lock in gains, while leaving the rest of the position open to give opportunities to exit in stages at higher levels like 92,000, 93,000, and 96,000.
Ethereum’s strategy is more balanced. In the current volatile structure, short positions can be arranged in the 3,142 to 3,178 range, while long positions should be maintained between 2,939 and 2,894. Both the upper and lower boundaries of the range offer opportunities, depending on where the price shows signs of stabilization or reversal.
A few points to emphasize: yesterday’s publicly announced long at 88,473 successfully caught the rebound, once again confirming the value of positioning at key levels. But the key is how to manage existing profits—using partial take-profit combined with trailing stops is the real way to lock in gains.
Regarding current position management, opening new positions should be done cautiously, with a probing mindset, and strict stop-loss discipline must be enforced. As long as the market direction isn’t fully clear, don’t bet heavily on a single side—that’s the fastest way to lose money.
In simple terms, trading isn’t about constantly being in the market; it’s about being prepared when high-value opportunities appear. Right now, it’s mostly about waiting—waiting for the price to enter these key zones, waiting for clear signals of stabilization or reversal before taking action. The rhythm of altcoins remains steady, and overall, the focus should be on key level battles and the rhythm of swing trading.