I recently noticed an interesting phenomenon. BTC surged to nearly $98,000 this Monday, but then got stuck right there. Can you feel the obvious selling pressure in the market? The most intense selling pressure in recent weeks appeared at that moment, causing the price to retreat slightly.
But there's something worth noting — although the selling was fierce, the liquidity between buyers and sellers did not become unbalanced. In other words, the market is still healthy, and the bullish and bearish forces remain relatively balanced. What about other key indicators? They haven't provided any particularly clear signals yet, so it's a somewhat ambiguous stage.
From this perspective, the bulls who bought at relatively low points earlier this year might consider a strategy: don't be too greedy, and consider closing all or part of their positions to take profits. Then, wait and see, and re-enter when the buy/sell signals become clearer. There will always be opportunities in the market, so why get stuck in one position?
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BlockchainRetirementHome
· 01-21 15:17
98k, you really went all out there, but it was right that I didn't rush to buy the dip.
If you ask me, you should take profits when the time is right; greed ultimately lands everyone in the hospital.
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ChainChef
· 01-21 07:07
ngl that 98k rejection hit different... feels like someone's been seasoning this dip way too aggressively, but the order book depth is still simmering steady, which is honestly reassuring. the recipe isn't half-baked yet 🍳
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RektHunter
· 01-21 01:11
98k is really a hurdle, hit it hard
Speaking of liquidity, it's actually not as desperate as I imagined
Damn, the indicators are so vague, that's the most annoying part
Exit early and lock in profits, don't be greedy for this one
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DefiPlaybook
· 01-19 22:43
The 98k level indeed has a wall, and based on on-chain data, the long-short balance is still decent. However, when the signals are ambiguous, taking on the risk blindly is not worth it.
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gas_fee_therapy
· 01-18 15:48
98k is indeed a tough hurdle, but liquidity still remains stable.
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Honestly, the current situation is a bit blurry, and I’m thinking of running away.
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I'm tired of hearing "don’t be greedy," but it seems like it’s always right.
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The bulls should consider taking profits when the time is right; opportunities are everywhere anyway.
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Even with such aggressive sell-offs, liquidity remains balanced; this market is more stable than expected.
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Getting stuck at 98k is really uncomfortable; I’d better get in first and then decide.
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If there’s no signal from the indicator, just wait; there’s no rush anyway.
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PanicSeller
· 01-18 15:46
98k this position really can't hold, smashing it fiercely
It's about time to take profits, greed has no good ending
The indicator is still hesitating, the signal is unclear, so just exit first
Re-enter after the rebound? I think it's fine, anyway there are plenty of opportunities
Getting stuck at one position is really silly, why bother?
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MysteryBoxBuster
· 01-18 15:41
98k is stuck, it’s quite interesting haha
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Liquidity is okay, so no need to panic, I think
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Just throwing money around, long and short are quite balanced... that’s the healthy state, right?
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The guy who bought in the morning should consider taking profits, why be greedy
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The indicator is still hesitating, can’t give a definitive signal... let’s wait and see
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There are always opportunities in the market, blindly holding onto a price level is really foolish
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98k is a tough barrier, it seems we still have to wait
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Don’t be too greedy, take some profits, and watch the signals for the rest, stay steady
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Liquidity balance indicates the market is still alive, and that’s the key
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Stuck at 98k, it’s indeed not that easy to break through
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StablecoinEnjoyer
· 01-18 15:34
98k this threshold is really tough. I knew someone couldn't sit still the moment the dump happened.
My buddy is right, not being greedy is the key to lasting longer. Take profits when it's good.
The signal hasn't appeared yet, let's wait. Anyway, the market can't run away.
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TopBuyerBottomSeller
· 01-18 15:26
98k is stuck, this is the ceiling
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Despite such aggressive dumping, it can still stabilize, indicating the fundamentals are fine
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I really don't understand why some people insist on sticking to one position, greed kills
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Liquidity balance is a positive signal, it feels like it can continue to surge
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When signals are ambiguous, it’s the biggest test of patience. I choose to get off first
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98k at this level feels like the chosen one; if you can't get in, you just can't get in
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A balanced market between bulls and bears sounds good, but at this stage, it really depends on luck
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Don't be too greedy, that's a good saying. A 10% loss is acceptable to me
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Feels like it will oscillate here for a while longer, no rush
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If it's stuck, it means someone is guarding the door. Wait for clearer signals before moving
I recently noticed an interesting phenomenon. BTC surged to nearly $98,000 this Monday, but then got stuck right there. Can you feel the obvious selling pressure in the market? The most intense selling pressure in recent weeks appeared at that moment, causing the price to retreat slightly.
But there's something worth noting — although the selling was fierce, the liquidity between buyers and sellers did not become unbalanced. In other words, the market is still healthy, and the bullish and bearish forces remain relatively balanced. What about other key indicators? They haven't provided any particularly clear signals yet, so it's a somewhat ambiguous stage.
From this perspective, the bulls who bought at relatively low points earlier this year might consider a strategy: don't be too greedy, and consider closing all or part of their positions to take profits. Then, wait and see, and re-enter when the buy/sell signals become clearer. There will always be opportunities in the market, so why get stuck in one position?