January 21 Market Update: An Interesting Detail



In the early session, I was optimistic about BTC facing resistance around 89,800 and planned to short there. However, before entering the position officially, there was a quick rebound and surge—this small bonus couldn't be missed, essentially earning a warm-up fee. After the rebound reached its peak, the rhythm became clear: short at 89,800 and hold until 89,100 before closing the position. This trade yielded a profit of 700 points. Including the previous rebound gains, the total profit was around 2,100.

From the overall trading process, it was quite smooth—first catching the upward move, then riding the downward trend, participating on both ends. The timing was also well managed, entering the short at 89,800 and exiting at 89,100. The choice of this range was basically aligned with the market rhythm.

ETH's performance also followed BTC's pace, with no significant fluctuations. Overall, this was executed as planned, with the market responding accordingly, and the data matching expectations.
BTC-1,52%
ETH-2,71%
View Original
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MonkeySeeMonkeyDovip
· 7h ago
Both sides have benefited, this is what a proper trade should look like.
View OriginalReply0
SelfStakingvip
· 8h ago
This rhythm is indeed excellent; it's not easy to succeed on both ends.
View OriginalReply0
NeverVoteOnDAOvip
· 8h ago
The market rhythm is indeed clear. The short position from 89,800 to 89,100 was executed like a textbook, and taking both positions was really satisfying.
View OriginalReply0
CryptoPhoenixvip
· 8h ago
Both ends have been satisfied, this is true rebirth... It's rare for the market to cooperate so well.
View OriginalReply0
ImpermanentPhobiavip
· 8h ago
Eating on both ends and still so smooth, truly a chosen one.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)