Bitcoin is indeed quite cost-effective for shorting around 98,000. From a technical perspective, there is a clear head and shoulders top pattern in the long-term cycle that can be attempted; the medium-term cycle may show a double bottom rebound, in which case a contrarian operation could be considered.
If this wave really takes off, even if you incur a small loss during the correction, you can still get out—this is the core logic of betting. But what we fear most now is that Bitcoin simply won't give you a chance to get on board, and will drop sharply in one wave. The market's rhythm changes instantly, and risks and opportunities often coexist. The key is to control your position size and stop-loss properly.
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IntrovertMetaverse
· 9h ago
I've heard the head and shoulders top pattern too many times. How many people can actually follow through to the end? Instead of obsessing over technical analysis, it's better to pray that the market doesn't crash.
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LeverageAddict
· 01-11 06:52
9.8K this position is indeed a bit tempting, but what I fear most is chasing highs and getting trapped, haha.
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Head and shoulders top? Double bottom rebound? Easy to say, but when it comes to critical moments, the pancake directly breaks through, and you'll realize what it means to be caught off guard.
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Instead of obsessing over what pattern it is, better to ask yourself if your stop-loss is well set. That’s the key to surviving and exiting.
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I understand the logic of gambling, but I’m just worried that winning might inflate your mentality, and then a straight decline wipes out all your profits.
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Cost performance is one thing, but since the market changes faster than flipping a page, I prefer to play it safe.
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Wait, which is more frustrating: not being able to get on the train or a direct drop? That’s a good question.
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GateUser-a606bf0c
· 01-11 06:49
98,000 at this level is indeed tempting, but I still chickened out, afraid of getting crushed.
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CrossChainMessenger
· 01-11 06:48
98,000 Napo is indeed a bit tempting, but I still think this thing is too easy to crash.
I see the head and shoulders pattern, but the rebound might be even more fierce... gambling tendencies are too strong and prone to reversal.
Bitcoin's temper is such that it drops just because you say so, it doesn't listen to you at all.
Stop-loss is really crucial, otherwise a single pullback can wipe you out.
The cost-performance ratio is there, but you need to build mental resilience.
This time, you might really need to wait rather than rush to get in.
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AlphaWhisperer
· 01-11 06:47
Head and shoulders top? Bro, are you gambling or doing technical analysis... If a double bottom rebound were really happening, I would have gone all in long ago.
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MeaninglessApe
· 01-11 06:37
The 98,000 short sounds good, but I always feel like I'll get hit hard by a reverse operation.
Head and shoulders top + double bottom, this combo appears way too coincidental.
The key still depends on whether the market wants to give you a way out; this is a matter of luck.
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ForkTongue
· 01-11 06:27
98,000 Short? Bro, this wave might get smashed through overnight. Is the head and shoulders top really that reliable?
Counter-trend rebounds are real, and the double bottom theories sound great, but in reality, Bitcoin doesn't follow the rules at all.
What I'm really most afraid of is this—sudden plunge that you can't even chase the short on, losing everything.
Set your stop-loss properly and that's it. Don't think you can turn things around with a single shot; there aren't that many opportunities.
Bitcoin is indeed quite cost-effective for shorting around 98,000. From a technical perspective, there is a clear head and shoulders top pattern in the long-term cycle that can be attempted; the medium-term cycle may show a double bottom rebound, in which case a contrarian operation could be considered.
If this wave really takes off, even if you incur a small loss during the correction, you can still get out—this is the core logic of betting. But what we fear most now is that Bitcoin simply won't give you a chance to get on board, and will drop sharply in one wave. The market's rhythm changes instantly, and risks and opportunities often coexist. The key is to control your position size and stop-loss properly.