Bitcoin's recent rally has reached a crossroads. From the 90,000 region straight up to 97,500, the gains are indeed eye-catching. But upon closer inspection of this level, the issue becomes clear—the resistance zone between 98,350 and 98,650 is no trivial matter.
Why might this be the golden point for distribution? Think about market psychology. In a bullish trend, retail investors chase higher prices, their emotions running high, applause all around. It is precisely at such moments that institutions and large players often quietly reduce their positions. Greed is a human weakness, and the final cheer often comes with the deepest dips.
From a technical perspective, the 6-8 hour V-reversal has confirmed its strength. From this angle, shorting around 985 is indeed a good opportunity. The distance between 98,500 and 100,000 is only 1,500 points, and the stop-loss space isn't large. For a market of this size, setting up short positions at this heavy resistance level offers a very attractive risk-reward ratio. The probability of reaching 100,000 is not just a pipe dream.
Trading is about probability and risk ratio. There are clear rules at this level.
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MevWhisperer
· 14h ago
It's the same story again—every time they say the pressure level is the golden point for selling, and what happens? Retail investors still get cut up pretty badly.
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DevChive
· 14h ago
The 985 hurdle is indeed tough, retail investors are all shouting to hit 100,000, but the institutions might be laughing all the way to the bank with their sell-off.
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LayerZeroEnjoyer
· 14h ago
Another argument that "Bitcoin is going to drop." Bro, your analysis this time looks pretty good... but I always feel that institutions quietly reducing their positions at 985 has already been seen through by retail investors, right? Can we still call it "quiet" haha
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blocksnark
· 14h ago
Here we go again with the "institutions are quietly reducing their positions" claim. Haha, every time it reaches a critical level, it's said like that. But what happens when it directly breaks new highs? Why does no one mention it then?
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PonziWhisperer
· 14h ago
Retail investors are still celebrating, but big players are already at the door. This wave is so typical.
Are institutions really going to dump here at 985? It still feels like it can push higher.
Basically, it's greed. Greed always kills.
It's indeed a crossroads, but who knows which way to turn.
With such tight stop-losses on short positions, might as well go all in and wait for 100,000.
It's that psychological trick again, I don't believe in it.
The 98650 resistance level is so obvious, how could retail investors not know?
It's a bit too pessimistic. The bulls are still very strong in this wave.
Bitcoin's recent rally has reached a crossroads. From the 90,000 region straight up to 97,500, the gains are indeed eye-catching. But upon closer inspection of this level, the issue becomes clear—the resistance zone between 98,350 and 98,650 is no trivial matter.
Why might this be the golden point for distribution? Think about market psychology. In a bullish trend, retail investors chase higher prices, their emotions running high, applause all around. It is precisely at such moments that institutions and large players often quietly reduce their positions. Greed is a human weakness, and the final cheer often comes with the deepest dips.
From a technical perspective, the 6-8 hour V-reversal has confirmed its strength. From this angle, shorting around 985 is indeed a good opportunity. The distance between 98,500 and 100,000 is only 1,500 points, and the stop-loss space isn't large. For a market of this size, setting up short positions at this heavy resistance level offers a very attractive risk-reward ratio. The probability of reaching 100,000 is not just a pipe dream.
Trading is about probability and risk ratio. There are clear rules at this level.