Let's review the recent Bitcoin market trend, which is quite worth analyzing. Looking at the point on January 8th, there was a clear short squeeze feature at around 89,500. Since then, the market indeed followed an upward trend as expected. If you took profits at the 94,500 level, you would have gained a move of 4,500 points from this segment alone.
Last night, a reversal signal appeared on the technical side. Once the 92,000 level is stabilized, it essentially confirms a short-term bottom. Subsequently, BTC reached a high of 96,800. From bottom to top, the overall space of this move reached 7,600 points. Conversely, if one can catch such a trend reversal at the right time, the returns can be quite substantial. Of course, everyone's risk tolerance is different, so specific operations should be tailored to individual circumstances.
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MiningDisasterSurvivor
· 6h ago
Having all experienced the 2018 mining disaster, I am already immune to this seemingly perfect backtest. The key is that in hindsight, everyone is a trading master, right?
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OnchainDetective
· 6h ago
I've seen it all along; the short squeeze at 89,500 was too obvious, and on-chain data has been signaling this all along. Based on my tracking of several whale addresses, there is a clear abnormal accumulation of funds around 92,000, which is no coincidence.
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The 7600 point looks quite tempting, but have you considered the underlying fund connections? I’ve already identified several suspicious wallets, with trading patterns identical to those before the last pump.
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Taking profit at 94,500? I don’t think so. Through multi-address tracking, major players have already offloaded at higher levels. That’s the interesting part.
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Staying above 92,000 ≠ confirmation of a bottom. According to on-chain data, a few key addresses haven’t moved yet. Let’s wait and see.
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This seemingly beautiful upward trend, after analysis and judgment, may involve typical wash-trading techniques. I’ve already found the evidence.
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From 4,500 to 7,600, the numbers look good, but how many can actually benefit? Based on my tracking, most retail investors are being cut.
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Obvious fund connections indicate that this is not just a technical reversal; someone is manipulating the market.
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TokenRationEater
· 6h ago
I really missed the boat this time. Seeing you all making a fortune makes me feel so upset inside.
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MysteryBoxOpener
· 6h ago
94500 should have run, I missed out on the 7600 point wave, and I'm still debating whether to buy or not.
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RugPullAlertBot
· 6h ago
94500 is really smart to run, while this greedy ghost of mine is still catching the bag at the 96800 top.
Let's review the recent Bitcoin market trend, which is quite worth analyzing. Looking at the point on January 8th, there was a clear short squeeze feature at around 89,500. Since then, the market indeed followed an upward trend as expected. If you took profits at the 94,500 level, you would have gained a move of 4,500 points from this segment alone.
Last night, a reversal signal appeared on the technical side. Once the 92,000 level is stabilized, it essentially confirms a short-term bottom. Subsequently, BTC reached a high of 96,800. From bottom to top, the overall space of this move reached 7,600 points. Conversely, if one can catch such a trend reversal at the right time, the returns can be quite substantial. Of course, everyone's risk tolerance is different, so specific operations should be tailored to individual circumstances.