#Strategy加仓BTC Wednesday night Bitcoin market rhythm analysis
From the 1-hour chart, the bearish move this time is indeed quite fierce. The Bollinger Bands are contracting, indicating that the market volatility is narrowing—this usually signifies a preparatory phase before a major move.
After a surge in the morning, the price started to decline. This correction is normal, especially after the rapid increase earlier. The key issue is that subsequent attempts to push higher have all failed, each time getting stuck. Currently, the bears are indeed more energetic than the bulls.
At this evening's time point, my approach is: sell on rebounds. Specifically, consider short positions in the 95,500-96,000 range, with a target around 93,000. Stop-loss levels should be flexibly adjusted based on your position size—no need for a one-size-fits-all.
$BTC @ETH now needs to stay alert and not get blinded by short-term rebounds.
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GasFeeBarbecue
· 5h ago
Hmm, this wave of bears is indeed fierce. I agree with the logic of rebounding and then shorting again. Opening a short at 95,500-96,000 feels like a good try, but the key is not to let the stop-loss run.
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ForkTongue
· 19h ago
The short squeeze this time is indeed fierce, but can the rebound at 95500 really hold if it drops again? It feels like it could be easily cut off.
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LightningHarvester
· 19h ago
Bollinger Band compression is familiar to me. The 95500 short position is indeed tempting, but I still need to wait for a breakout signal before acting.
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BlockchainBard
· 19h ago
Is Bollinger compression impressive? I'm just worried this is a trap to lure shorts. Selling at 95,500 sounds tempting, but I'm afraid of a quick breakout above 96,500 causing a sharp drop.
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ProofOfNothing
· 20h ago
I've heard the Bollinger Bands compression strategy too many times, and every time they say it's about gathering strength before just smashing through... However, this bearish move does have some substance. I shorted at 95500-96000, and I'll just keep my stop-loss flexible.
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LiquidationKing
· 20h ago
It's starting to compress again. Can the bears fully absorb this time? I'm also watching the 95500 level, but I feel the rebound might be stronger than expected. Better to be cautious.
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MerkleTreeHugger
· 20h ago
Bollinger Band squeeze is the calm before the storm. This wave of shorts is indeed fierce, but I'm more worried about getting smashed through and then flipping to go long.
#Strategy加仓BTC Wednesday night Bitcoin market rhythm analysis
From the 1-hour chart, the bearish move this time is indeed quite fierce. The Bollinger Bands are contracting, indicating that the market volatility is narrowing—this usually signifies a preparatory phase before a major move.
After a surge in the morning, the price started to decline. This correction is normal, especially after the rapid increase earlier. The key issue is that subsequent attempts to push higher have all failed, each time getting stuck. Currently, the bears are indeed more energetic than the bulls.
At this evening's time point, my approach is: sell on rebounds. Specifically, consider short positions in the 95,500-96,000 range, with a target around 93,000. Stop-loss levels should be flexibly adjusted based on your position size—no need for a one-size-fits-all.
$BTC @ETH now needs to stay alert and not get blinded by short-term rebounds.