Thursday Trading Opportunity Analysis and Wednesday Review
The market's ups and downs are testing everyone's resolve. Truly profitable traders never rely solely on predictions but follow the rhythm closely and adapt flexibly.
Looking back at this week's trend, the bulls have indeed taken the lead. Bitcoin rebounded from around 90,870 to reach a high near 97,500, then slightly corrected to above 96,000. Ethereum also rebounded from its low of 3,083 to around 3,370, with both showing upward attempts overall.
However, Tuesday's short positions didn't go as smoothly. The market suddenly surged strongly, causing our short positions to suffer some losses. This is the reality of trading—sometimes you get the direction right but the timing wrong, and losses are inevitable. On Wednesday, there was some recovery: Bitcoin's two long and one short trades yielded a profit of 2,119 points, and Ethereum's one short and one long captured 119 points.
The situation has become interesting now. Both Bitcoin and Ethereum have stabilized and broken through key upper resistance levels. From the chart, the pullback is weak, and the bulls still dominate. The next approach should be: wait for a correction to the key support levels below, then decisively go long.
Specific trading ideas:
Look for buying opportunities in Bitcoin around 96,500-96,000, targeting the 99,500 range.
Place long positions in Ethereum near 3,350-3,330, aiming for 3,450-3,500.
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PhantomHunter
· 5h ago
That wave on Tuesday was directly dumped in. Cutting losses on short positions tests your mentality the most... But recovering over 2000 points on Wednesday is still acceptable. This is what you call a sense of rhythm.
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BearMarketSurvivor
· 21h ago
Tuesday was a slap in the face, indeed. Still, I have to recover confidence on Wednesday. That's trading, haha.
After the CPI comes out, I'm afraid there will be another wave of chaotic selling. Still, we must stick to stop-losses, everyone.
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wrekt_but_learning
· 01-16 14:16
The wave on Tuesday indeed couldn't hold, with the wrong direction and timing making it so uncomfortable. But on Wednesday, it bounced back, now that's the feeling of trading.
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TokenEconomist
· 01-14 17:00
actually, let me break this down—timing IS the variable here, ceteris paribus. dude ate losses on tuesday but that's just the supply-demand mechanics playing out, right? direction ≠ execution. think of it like traditional trading but with blockchain volatility on steroids...
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gas_fee_therapist
· 01-14 16:59
That Tuesday's wave directly crushed my short positions, that's the price of betting on the wrong timing... However, there was a bit of a rebound on Wednesday, so I consider it a timely stop-loss. Now it seems that the bulls are still in control, waiting for a pullback to go long again. Whether we see 99,500 or not is still uncertain.
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OldLeekMaster
· 01-14 16:39
The feeling of being trapped on Tuesday was really uncomfortable, but by Wednesday I was back in the green. The rhythm was incredible. Now it all depends on how the CPI turns out—bulls still need to be cautious.
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BakedCatFanboy
· 01-14 16:39
The short positions on Tuesday were indeed tough, but it was okay that we recovered a bit on Wednesday. Now that the bulls are so strong, going long with the trend feels like the right approach.
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MetaMasked
· 01-14 16:37
I knew the moment the short position was blown on Tuesday that predicting this stuff is just nonsense; you have to follow the rhythm.
Thursday Trading Opportunity Analysis and Wednesday Review
The market's ups and downs are testing everyone's resolve. Truly profitable traders never rely solely on predictions but follow the rhythm closely and adapt flexibly.
Looking back at this week's trend, the bulls have indeed taken the lead. Bitcoin rebounded from around 90,870 to reach a high near 97,500, then slightly corrected to above 96,000. Ethereum also rebounded from its low of 3,083 to around 3,370, with both showing upward attempts overall.
However, Tuesday's short positions didn't go as smoothly. The market suddenly surged strongly, causing our short positions to suffer some losses. This is the reality of trading—sometimes you get the direction right but the timing wrong, and losses are inevitable. On Wednesday, there was some recovery: Bitcoin's two long and one short trades yielded a profit of 2,119 points, and Ethereum's one short and one long captured 119 points.
The situation has become interesting now. Both Bitcoin and Ethereum have stabilized and broken through key upper resistance levels. From the chart, the pullback is weak, and the bulls still dominate. The next approach should be: wait for a correction to the key support levels below, then decisively go long.
Specific trading ideas:
Look for buying opportunities in Bitcoin around 96,500-96,000, targeting the 99,500 range.
Place long positions in Ethereum near 3,350-3,330, aiming for 3,450-3,500.