Recently, Bitcoin has entered a critical daily shorting zone—$95,000 to $104,000. Frankly, this is most likely a trap set by the bulls.
Why do I say that? Looking at the weekly chart, Bitcoin is forming a head and shoulders pattern. I mentioned this position before, and now that it has returned here, the bears will start to doubt themselves, while the bulls can’t help but shout that the bull market is back. But this is the key—market liquidity is extremely scarce, and the bear market’s curtain has just begun.
This current rebound is actually a wave B on the weekly level. For investors caught in positions, this is the last chance to escape. For bearish traders, this is also an ideal opportunity to add to short positions in batches. The rebound cycle might last quite a while, and a significant decline is expected around March.
My personal plan is simple: to initiate a prolonged short battle. I won’t bottom-fish in the short term; I’ll wait for the rebound to fully release bullish sentiment, then observe the true trend direction. At the current pace, the bear market is far from over.
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LightningAllInHero
· 7h ago
It's another head and shoulders top, another trap. I've been hearing this story for over a year now.
Is it really true that it only dropped in March? Should I short now or wait?
I don't think the 9.5-10.4 range is that pessimistic; the rebound sentiment hasn't dissipated that quickly.
Wait, you said liquidity dried up... then why has the rebound lasted so long? The logic is conflicting.
It's even more painful for those trapped now, they don't dare to clear or add.
I'll continue to observe for now. I can't understand Wave B; I just look at the monthly chart.
Can the bears really win this time? It feels like everyone calling for a short is almost numb from being beaten down.
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FudVaccinator
· 7h ago
Coming back with trap theories again? I'm tired of this rhetoric. Is the March dip real or fake?
This rebound is just to lure the bears into a trap. Wake up, everyone.
You can even see the head and shoulders top clearly. But to me, everything looks chaotic.
Liquidity is drying up, yet the rebound is so strong. The logic doesn't add up.
Wave B, Wave C—talking as if they are real, but honestly, no one really knows.
Instead of waiting for March, it's better to withdraw now. Don't be brainwashed by the "last chance" hype all the time.
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alpha_leaker
· 7h ago
Head and shoulders top, I've watched this wave several times, and I feel that the bulls are indeed struggling to survive.
I'm not sure about the B-wave rebound; can we really wait for a big drop in March?
Trap theories are not new, but this time the logic does hold up.
The point about liquidity exhaustion is quite harsh; perhaps now is the time for bears to take a gamble.
Under this rhythm, those trying to bottom fish in the short term are probably going to get caught until spring.
If the rebound cycle lengthens, retail investors will again have their mental state explode.
Endurance mode sounds exhausting, but at least it's a rational strategy.
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pvt_key_collector
· 7h ago
Head and shoulders top once formed, the bears should be laughing, and this rebound by the bulls is really digging their own grave.
Another B-wave pattern, let's see the results in March.
I've been watching this liquidity crunch signal for a while, and it’s indeed quite harsh.
In the range of 95,000-104,000, it might just turn into a slaughterhouse.
Is the bear market prelude just beginning? Then the friends who are bottom-fishing are a bit early.
The bearish camp seems to have found a reliable logical support this time.
Only after the rebound sentiment is fully released does the opportunity come. Jumping in now is indeed a bit risky.
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MidsommarWallet
· 8h ago
Head and shoulders top once formed, the dreams of the little guys are awakened. This rebound is really the last chance for brothers who are trapped to get on board.
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Not bottoming out, waiting for March. The bear market show is still long, and the bears continue to hold their ground.
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How many times have I heard the term liquidity crunch... Anyway, I don't believe this wave can return to a bull market.
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Is the bull set a trap? Wake up everyone, the shorting opportunity is here.
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B-wave rebound just wants me to enter? That's too naive, keep shorting.
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This judgment has some substance. The market is just like this, repeatedly trapping retail investors. I will still hold my short position.
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NFTArchaeologis
· 8h ago
The head and shoulders pattern somewhat resembles a Renaissance-era coin minting error—appearing perfect at first glance, but secretly harboring flaws. The argument about liquidity exhaustion does have some historical basis, but I think the cyclical nature of market sentiment requires more cautious observation.
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ser_ngmi
· 8h ago
Head and shoulders top is back again, bulls really need to wake up...
It's another trap, liquidity has been drained and you're still talking about a bull market comeback.
Bottomed in March, now it's all fake falls, don't be fooled by the rebound.
This time it's a prolonged bear battle, waiting for the real crash in March.
Brothers caught in the trap, 9.5-10.4 is truly the last escape pod.
Keep watching the show in the short term, let them first release the bullish sentiment.
The bear market is far from over, I agree with that.
No matter how fierce the rebound, it's all in vain; the weekly chart shows the story is still long.
Signs of liquidity exhaustion are already very obvious, only some people still can't see clearly.
The 95,000 mark is a critical point; bears must defend this line at all costs.
Those entering now to buy the dip are definitely taking the last shot.
Recently, Bitcoin has entered a critical daily shorting zone—$95,000 to $104,000. Frankly, this is most likely a trap set by the bulls.
Why do I say that? Looking at the weekly chart, Bitcoin is forming a head and shoulders pattern. I mentioned this position before, and now that it has returned here, the bears will start to doubt themselves, while the bulls can’t help but shout that the bull market is back. But this is the key—market liquidity is extremely scarce, and the bear market’s curtain has just begun.
This current rebound is actually a wave B on the weekly level. For investors caught in positions, this is the last chance to escape. For bearish traders, this is also an ideal opportunity to add to short positions in batches. The rebound cycle might last quite a while, and a significant decline is expected around March.
My personal plan is simple: to initiate a prolonged short battle. I won’t bottom-fish in the short term; I’ll wait for the rebound to fully release bullish sentiment, then observe the true trend direction. At the current pace, the bear market is far from over.