BTC finally touched $94,000, and to be honest, this wave of movement is indeed expected. I mentioned before that this position will be a hurdle, and now it seems that the market has given enough face. The next question is - can we continue to rush up? I personally tend to have dramas, 96K or even 98K is not impossible.
Yesterday, I didn't have time to post on a temporary basis, and I missed the opportunity to chat with everyone in real time. However, the analysis the day before yesterday actually made it quite clear - the $94,000 position is likely to be tested. If a friend operates according to this idea, he should be able to make an extra profit of three or four thousand points on his account now, right?
So the question is, how to go next?
My view is that 94K will not be the ceiling of this round of market. There may be a slight pullback in the short term, after all, the rise is too fast, but after the correction, it is likely to continue to test the upward test around $98,000. The bulls are pretty good right now.
At the specific operational level, you can keep an eye on the support level of $91,900. If the price can stabilize around here, it is a good opportunity to increase positions. Even if it really falls below, don't panic, it's too late to catch up when it stabilizes - the short-term bullish trend is not over yet.
Finally, a long-winded sentence: the stop loss should be set. No matter how bullish the judgment is, it can't stand the sudden convulsion of the market, and if there are no protective measures in the extreme market, the account may explode directly on the spot. Don't just think about making money, you have to save your life first, right?
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AirdropworkerZhang
· 8h ago
94K does have some meaning, but I am more concerned about whether we retail investors can really keep up with this wave.
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Honestly, I should have gotten on board a couple of days ago. Now I kind of regret not going all in.
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98K? Dreaming, haha. I think the pullback will be very sharp.
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Is the 91900 support level reliable? Feels like it could break through at any moment.
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Set the stop-loss properly, but I’m just afraid I’ll mess with it again out of impatience.
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If this wave really rises to 98K, I’ll go on a coin withdrawal dreamwalk.
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I missed that analysis earlier, and now I can only silently cut my losses. It’s really painful.
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Bullish pattern looks good? All I have are green positions, brother.
View OriginalReply0
hodl_therapist
· 12-10 07:09
94K has arrived, I'm still hesitating to chase it, which is uncomfortable.
If I had known to listen to your analysis the day before yesterday, I regret it now.
98K? Laughing to death, I bet that Wu Diao will go back to around 92K to wash the plate first.
The key is whether the support of 91.9 can really hold up, it doesn't feel good.
This time it has risen so fast, how can I feel that the risk is big, a little scared.
I have never set a stop loss, and every time I gamble and it explodes, I can't learn it.
96K said it easily, if it really comes, I don't dare to buy the bottom, that's the mentality.
View OriginalReply0
ChainPoet
· 12-10 07:05
The key bit of 94K really didn't disappoint me, and I have to continue to climb up according to the previous rhythm.
But I still have to be honest - it's a bit scary to rise so fast and not adjust, and I always feel that there will be a pit waiting behind.
The support level of 91.9 is really not underestimated, if it is broken, it may continue to go down, and the mentality is the most likely to collapse at that time.
Let me tell you, the stop loss I set in this round is below 89K, I would rather make less than be trapped by a sudden reversal, I have seen too many stories of accounts exploding directly because they are not well protected.
98K? Slow down, don't be so optimistic, the market is not so gentle.
View OriginalReply0
GasGoblin
· 12-10 07:05
The hurdle of 94K is really not in vain, and now it depends on whether it can withstand the test of the pullback.
To be honest, the profit of three or four thousand is not enough for me to have a meal, and I want the 98K wave.
If 91900 is broken, I will clear the warehouse directly, don't play any heroism.
I just want to know if this round can rush to 100K, and I feel that it will be very stuck after 98K.
What I am most afraid of is not a fall, but a sudden flash crash, which is the rhythm of account explosion.
The stop loss is set, just wait to watch the show. Do you want to bet 98K together?
It does have to be adjusted if it rises too fast, but I think we should reduce our positions instead of increasing them at this time.
Seeing that you are all talking about three or four thousand profits, I think I am a little underestimating this wave.
The short-term rally is not over, but don't forget that the knife of supervision can be cut off at any time.
View OriginalReply0
BearMarketBard
· 12-10 06:56
The 94K is indeed stuck here, but it feels like there's room to go up
However, this rapid rise is usually followed by adjustments, depending on whether 91.9 can be held
It is basically the same as your judgment, 98K is possible but don't be too greedy, stop loss is really critical
It's a bit rushed, and I think it may pull back first
It's a pity that we didn't catch up with the real-time discussion this time, but our views are still the same
If the account really explodes, everything will be in vain, so risk management really can't be saved
View OriginalReply0
LiquidationWizard
· 12-10 06:55
The 94K wave is indeed not as expected, but it is really possible to find 98K.
Hearing you say this, I will be more confident to increase my position, and I will guard it at 91.9.
You are right about stop loss, account explosion is more uncomfortable than anything else, I learned a lesson this time.
It's a dream of 98K again, let's talk about it after 95K first, don't jump to conclusions so early.
I didn't catch up with the profit of three or four thousand points, I knew I would have stared at your analysis yesterday.
View OriginalReply0
OnchainDetective
· 12-10 06:53
Wait, I have to check the data on the chain... Has the 94K point been released? According to on-chain tracking, it is necessary to see whether institutions are accumulating funds or retail investors are following the trend, and the obvious flow of funds is very critical
BTC finally touched $94,000, and to be honest, this wave of movement is indeed expected. I mentioned before that this position will be a hurdle, and now it seems that the market has given enough face. The next question is - can we continue to rush up? I personally tend to have dramas, 96K or even 98K is not impossible.
Yesterday, I didn't have time to post on a temporary basis, and I missed the opportunity to chat with everyone in real time. However, the analysis the day before yesterday actually made it quite clear - the $94,000 position is likely to be tested. If a friend operates according to this idea, he should be able to make an extra profit of three or four thousand points on his account now, right?
So the question is, how to go next?
My view is that 94K will not be the ceiling of this round of market. There may be a slight pullback in the short term, after all, the rise is too fast, but after the correction, it is likely to continue to test the upward test around $98,000. The bulls are pretty good right now.
At the specific operational level, you can keep an eye on the support level of $91,900. If the price can stabilize around here, it is a good opportunity to increase positions. Even if it really falls below, don't panic, it's too late to catch up when it stabilizes - the short-term bullish trend is not over yet.
Finally, a long-winded sentence: the stop loss should be set. No matter how bullish the judgment is, it can't stand the sudden convulsion of the market, and if there are no protective measures in the extreme market, the account may explode directly on the spot. Don't just think about making money, you have to save your life first, right?